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$1,150,000
6 Days On Site

1320-1312 W 5TH Street
Tempe, AZ 85281

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1961
Built
Subdivision:
JO-ELLEN HOMES
County:
Maricopa

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Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to Old Town Scottsdale. In an OZ. Hard to find & bigger than the competition all 2 bedroom unit mix (822sf/unit). Stabilized 6 CAP +/-. Long-term, local owners have pride of ownership. Many recent renovations to some units including plumbing, kitchens/baths, windows, roof, etc. Classic features to value-add further. Excellent rents in place from $1795-$1595. Flexible month-to-month leases. The complex offers more amenities than the competition, including carport parking, fenced front yards with private back patios, individual laundry/ storage rooms, gorgeous desert landscaping, and a pretty central courtyard. More like homes than apartments. The kind of investment you're proud to own.

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Listing Snapshot
Price 
$1,150,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1961
MLS® Number 
6830355
Status 
Active
Property Tax 
$1,408
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Cross Street 
Priest and Rio Salado
Disclosures 
Seller Prop Disc Stm
Parking 
Common
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-2
Interior Features
Appliances 
Washer/Dryer
Cooling 
Central AirElectricHeat Pump
Flooring 
OtherCeramic Tile
Heating 
Heat PumpElectric
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Exterior Features
Construction Details 
Block
Roof 
Composition
Community Features
Community Features 
Other
Financing Terms Available 
Conventional
Roads 
Asphalt
School District 
Tempe Union High School District
Township 
1N
Schools
School District
Tempe Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Better Homes & Gardens Real Estate SJ Fowler.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-03-12 03:45 AM UTC

Neighborhood & Commute
Source: Walkscore
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