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Sold for $1,800,000
Sold for $1,800,000
1027 W 5th St Tempe, AZ 85281
$1,800,000
CLOSEDBeds
38
Baths
18
Sqft
Year
1955
Close Date
Apr 1, 2019
Property Type
Multiple Dwellings
Sub Type
Date Listed
Jan 27, 2018
Description of 1027 W 5th St, Tempe, AZ 85281
Listing details for 1027 W 5th St, Tempe, AZ 85281 : Hard to find property in Coveted Tempe minutes from ASU. Many new zonings & improvements in area lots of new luxury condos nearby. Three adjacent lots 1.43 Acres must sell together (APN 124-36-013, APN 124-36-014,and APN 124-36-016) currently zoned R-3 up to 28. Currently 15 houses & one duplex. Value is in the land. All improvements Convey as is. Please do not disrupt current tenants. Great opportunity for redevelopment.
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Listing Updated : 10-31-2026 at 12:00 PM MST
Listing Provided By : Robert Burk, 602-510-8871, Desert 2 Mountain Realty
Properties displayed may be listed or sold by various participants in the MLS
Source :
ARMLS, MLS#: 5715626
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Property Details
Property Overview
Listing Price
$2,000,000
MLS #ID
5715626
Close Price
$1,800,000
Close Date
Apr 1, 2019
Bedrooms
38
Bathrooms
18
Square Footage
Year
1955
Days on Site
187 Days
Property Type
Multiple Dwellings
Property Sub Type
Price per Sq Ft
$0
Date Listed
Jan 27, 2018
Location
Schools
Elementary School
High School
Home Specification
Bedrooms
38
Construction / Architecture
Year Built
1955
Construction Materials
Brick Veneer, Wood Frame, Siding, Painted, Stucco, Block and Brick
Roof
Composition
New Construction
No
Price per Sq Ft
$0
Lot Dimensions
1.43 Acres
Zoning
R3
Interior Details
Flooring
Carpet, Ceramic Tile, Vinyl and Concrete
Fireplace
No
Heating
Window/Wall Unit(s), Electric, Natural Gas, Floor Furnace and Wall Furnace
Cooling
Central Air, Ceiling Fan(s), Evaporative Cooling and Window/Wall Unit
Exterior Details
Garage
No
Total Parking
29
Parking Features
Paved and <1 Space Per Unit
Fencing
None
Water Source
City Franchise
Sewer
Public Sewer
Community Features
No Pool
Additional Features
Road Surface Type
Asphalt
Taxes, HOA & Financing
Annual Property Tax
$4,626.00
HOA Fee Includes
None
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Property History
DateEventPrice
4/1/2019
Sold
$1,800,000 -18.2%
Source:ARMLS #5715626
ARMLS #5715626 1/27/2018
Listed for sale
$2,200,000
Source:ARMLS #5715626
ARMLS #5715626Location of 1027 W 5th St, Tempe, AZ 85281
Streetview of 1027 W 5th St, Tempe, AZ 85281
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