Active
1321 W 5TH Street
Tempe AZ, 85281
$1,000,000
Active
Other
Built in 1970
Prime Investment Opportunity!
Fantastic 1031 exchange option in an Opportunity Zone with below-market rents, making this a great value-add property.
This well-maintained fourplex features four spacious 2-bed, 1-bath units, all fully occupied. Renovated in 2018 with a new roof and HVAC, the property spans 2,760 sq ft on a 0.26-acre lot.
Amenities include individual electric cooling, natural gas heating, and 4 covered parking spaces. Located within walking distance of ASU, Mill Ave, and local transit, this property promises steady rental income in a desirable Tempe neighborhood.
Don't miss out on this exceptional opportunity!
6718601
MLSⓇ ID
June 13, 2024
Listed
September 13, 2024
Updated
Map
1321 W 5TH Street
Tempe AZ, 85281
Interior Features
Floor Description
Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Individual, Electric
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Roof
Built-Up
Sewer
Public Sewer
School Information
School District
Tempe Elementary School District
Other Property Details
Taxes
$2,609
Tax Frequency
Annually
Days on Market
80
Garage
No
Parking
1 Space/Unit
Parking Total
4
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
Multi Family
Courtesy of eXp Realty
Listing Contact: 602-999-4309
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Santistevan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 5:03 AM UTC, 9/13/2024.