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1061 W 5Th St, Unit 3 Tempe, AZ 85281

New
For Sale
$299,000

LAND - Tempe, AZ

Lot size:
0.24 Acres
Days on Market:
4
Last Refresh:
Dec 7 at 2:06 pm

Property Features for 1061 W 5Th St

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Zoning
R-3
APN
124-36-190
Lot size
0.24 Acres

Kate Rose Realty (602) 722-7673 [email protected]

Listing agent Kate Rose (602) 722-7673

Listing date Dec 4, 2025

MLS# 6846759 Listing URL

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Land Near ASU for Housing

This 0.24-acre land parcel presents an opportunity to construct housing approximately one mile from ASU. An easement from 5th St is in place. The footprint of any buildings should not exceed 5000 square feet, with a maximum height of 30 feet. The property is currently zoned R3, allowing for three dwellings, but it could potentially be rezoned to R4 for four dwellings with a preliminary review and rezoning application. According to the Master Community Development plans, the property is already designated as R4, which may facilitate the rezoning process. The seller has also learned that including garages as part of the footprint square footage could potentially allow for four units due to parking ratio considerations. The other three APNs are 124-36-188, 124-36-189, and 124-36-191. The property is located in Tempe, Arizona.
Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tempe
County
Maricopa
State
Arizona
Longitude
-111.954359
Latitude
33.424835

FAQs

What type of property is this?
Land - Land near ASU, suitable for building up to 4 dwellings.
Where is this land located?
The property is located at 1061 W 5Th St, Unit 3 Tempe, AZ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: - Prime location: Just one mile from ASU.; - Zoned R3 with potential to rezone to R4 (4 dwellings).; - Total of 0.24 AC across 4 lots (APNs: 124-36-188, 124-36-189, 124-36-191, and listed APN).
More about this property
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