Active
1321 W 5TH Street
Tempe AZ, 85281
$950,000
Active
Other
Built in 1970
Incredible Value-Add Opportunity!
This prime investment property is in an Opportunity Zone and offers huge potential for savvy investors to increase returns. Fully occupied and with below-market rents, this well-maintained fourplex is ready for a strategic value-add play. Renovated in 2018 with a new roof and HVAC, it's situated in the heart of Tempe, steps from ASU, Mill Ave, and public transit--making it a hot spot for consistent rental demand. With its ideal location and opportunity for growth, this is the chance to capitalize on a high-demand area and elevate your portfolio with long-term appreciation and tax benefits!
6718601
MLSⓇ ID
June 13, 2024
Listed
October 14, 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
111
Garage
No
Parking
1 Space/Unit
Parking Total
4
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
Multi Family
Listing History
Date | Event | Price |
---|---|---|
10/1/2024 | Price change | $950,000 -5% |
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 Huffman Davis Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 6:42 PM UTC, 10/14/2024.