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Garden-Style 10-Plex Apartment

425 - 427 W 5TH Street W Tempe, AZ 85281

425 - 427 W 5TH Street W, Tempe, AZ, 85281
$1,700,000
Pending
For Sale
$1,700,000
Pending

MULTI_FAMILY - Tempe, AZ

Days on Market49

Property Features for 425 - 427 W 5TH Street W

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Parking features
On Street, Off Street
Appliances
Free-Standing Range, Refrigerator
Standard status
Pending
APN
124-33-008-A

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 8 ORTH SUB MCR 003340
Tax Annual Amount
4667

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas, Zoned
Cooling system
Wall/Window Unit(s), Central Air, Wall Unit(s)

Building Details

Year built
1957
Number of units
10
Flooring type
Tile, Vinyl
Building materials
Block
Roof type
Built-Up, Composition
Listing Agency Tierra Antigua Realty, LLC
1650 E River Road #202, AZ
Listed by Patrick Teske · License #BR505976000
Added: Jun 1 Checked: Jul 19 at 7:06 am
MLS# 7035959 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This for-sale multifamily property is a garden-style 10-plex with block construction dating to 1957 and 1963. The unit mix includes eight studio apartments, eight one-bedroom units, and two two-bedroom units, based on the provided unit counts and approximate unit sizes.

The property is located in Tempe’s Orth Subdivision and is described as being a short distance to ASU’s main campus. It is also noted as being near the 202 Freeway and Sky Harbor Airport, with access to local restaurants and attractions.

Additional information provided includes the addresses 425–427 W 5th Street W and 511 S. Wilson St., with an additional tax code listed as 124-33-007A.

Key Highlights

  • Garden‑style 10‑plex with 8 studios (approx. 388 SF) plus 1 one‑bedroom (approx. 550 SF) and 1 two‑bedroom (approx. 750 SF)
  • Block construction with reported build years of 1957 and 1963
  • Heating includes zoned central heating with natural gas

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Collective IAP Coworking & Hybrid Office

Suggested Use

Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Storage Facility Pet Store Pet Store & Service

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

FAQs

What type of property is this?
Apartment building - Ten garden-style units include studios and one- and two-bedroom layouts near major Tempe employment and amenities.
Where is this apartment building located?
The property is located at 425 - 427 W 5TH Street W Tempe, AZ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Garden‑style 10‑plex with 8 studios (approx. 388 SF) plus 1 one‑bedroom (approx. 550 SF) and 1 two‑bedroom (approx. 750 SF); Block construction with reported build years of 1957 and 1963; Heating includes zoned central heating with natural gas
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