425,427 W 5th Street, Tempe, AZ 85281 (MLS# 22604561)

425,427 W 5th Street, Tempe, AZ 85281

$2,300,000

Property Type: Commercial Square Footage: 4,414 Lot Size (sq. ft.): 137 Status: Active

Current Price: $2,300,000 List Date: 2/18/2026 Last Modified: 3/02/2026

Overview

Description

Enjoy Pride of ownership of an experienced Garden-Style 10-Plex in Tempe's Orth Subdivision. Current ownership approx. 40 years. Just a short Walk to the ASU Main Campus. Near the 202 Freeway, Sky Harbor Airport and many desirable Restaurants & Attractions. There are 8-Studios approx. 388 sq/ft, 1/1-Bed approx. 550 sq/ft & 1/2-Bed approx. 750 sq/ft. Block Construction 1957 & 1963. Desirable Reposition Opportunity.

Listing Details MLS# 22604561

Address Information

Street #: 425,427
Direction: W
Street Name: 5th
Suffix: Street
State/Province: AZ
Zip Code: 85281
County: Maricopa
Country: USA

Location, Tax & Legal

Tax Code: 124-33-008A
Area: Maricopa
Tax Year: 2025
Taxes: 4666.76
Taxes For: Building & Land
Legal Description: Orth Sub McR 33/40 Pt Lt 8 Blk 1 N 100F & W 10F Of N 100F Lt 7 Blk 1 & Orth Sub McR 33/40 Lt 7 Blk 1 Ex W 10F Of N 10
Municipality/Zoning: Other - CALL
Fire Protection: Included in Taxes

General Property Information

Property Sub-Type: Apartment
Construction Status: Existing
# Units: 10
Multi-Tenant: Yes
Year Built: 1957
Lot Dimensions: 100'x167.50'x100'x167.50'
Lot Acres: 0.39
Lot Sqft: 16770
Lot Size Source: Assessor
Combined SqFt: 4414
Source of SqFt: Assessor
Leasable SqFt: 4414
List Price/SqFt: 521.07
Lot Size Price/SqFt: 137.15

Property Features

Construction: Concrete Block Roof: Shingle Fenced Storage: No Main Cooling: Central Air Main Heating: Electric; Forced Air Gas: Natural Sewer: Connected Water: Public Security: None Fence: Block Landscape - Rear: Decorative Gravel; Desert Plantings Road Type: Paved Lot Features: Adjacent to Alley Business Location: Corner Lot Traffic Count: 5,001 to 15,000 Terms: Cash; Conventional Possession: Negotiable Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: Public Airport Vcty; Seller Prop Disclosure Restrictions: Deed

Contract Information

Method of Title: Fee (Simple)
Short Sale: No

More Information

Showing Information

Directions: SEC of 5th St. / Wilson St Tempe AZ

Space Information

Ceiling Height: 8ft

Main Cooling

Other: 8 Window Units
Central Air: Yes

Electric

3 Phase Power: No

Gas

Natural: Yes

Construction

Concrete Block: Yes

Sewer

Connected: Yes

Roof

Shingle: Yes

Water

Public: Yes

Fence

Block: Yes

Road Type

Paved: Yes

Fenced Storage

No: Yes

Lot Features

Adjacent to Alley: Yes

Main Heating

Electric: Yes
Forced Air: Yes

Terms

Cash: Yes
Conventional: Yes

Submit With Offer

Loan Pre-Qualifiaction: Yes
Proof of Funds: Yes

Security

None: Yes

Landscape - Rear

Decorative Gravel: Yes
Desert Plantings: Yes

Business Location

Corner Lot: Yes

Freeway/Highway

1.1 - 2 Miles: Yes

Traffic Count

5,001 to 15,000: Yes

Possession

Negotiable: Yes

Restrictions

Deed: Yes

Property Disclosures

Public Airport Vcty: Yes
Seller Prop Disclosure: Yes

Documents

Affiliated Business Disclosure Statement ›

Listing Office: Tierra Antigua Realty

Last Updated: March - 02 - 2026

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