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Image 1 - 1321 W 5th St, Tempe, Arizona, 85281 - House for sale
Image 2 - 1321 W 5th St, Tempe, Arizona, 85281 - House for sale
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Image 4 - 1321 W 5th St, Tempe, Arizona, 85281 - House for sale
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Home For Sale In Tempe, Arizona
1321 W 5th St, Tempe, Arizona, 85281

Home For Sale In Tempe, Arizona

house for sale
Listed: 06/18/24

1321 W 5th St, Tempe, Arizona, 85281

Studio Bed:
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Price
$ 1M

About This House

Fantastic 1031 exchange opportunity! This well-maintained fourplex features four spacious 2-bed, 1-bath units, all fully occupied. Built in 1970, the property spans2, 760sq ft on a 0.26-acre lot. Amenities include individual electric cooling, natural gas heating, and ample parking with 4 open spaces. Conveniently located within walking distance of ASU, Mill Ave, and local transit. This prime investment promises steady rental income in a desirable Tempe neighborhood.

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Tempe Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Tempe, United States averaged $365,947, a decrease of 2.2% from the previous month.
Median price trends for properties for sale in Tempe, United States as of June 2024.

Household Income

Median household income: $51,829
Number of households: 68,795
The average household income in Tempe, AZ grew from $50,474 to $51,829 in the past year. This data is an estimate based upon 68,795 households in Tempe, AZ.
The chart below presents how household income is distributed in Tempe, AZ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tempe, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Tempe, AZ equals $800-$1,500 , which is more than the national average.