$1,150,000

1320-1312 W 5th St Tempe, AZ 85281

$10,000
Closing credit¹
House

Property details

About 1320-1312 W 5th St

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.

Highlights

Home typeOther
HeatingHeat Pump, Electric
StatusActive
CoolingElectric, Heat Pump
Year built1961
ParkingFree, RV/Boat Parking, Add'l Parking Avail, 1 Space/Unit, Common
MLS #6830355

Summary

  • MLS Number: 6830355
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Better Homes & Gardens Real Estate SJ Fowler
  • Office Phone: (480) 649-3536
  • Listing Agent: James C Stephens

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with fence

$1,150,000

1320-1312 W 5th St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Scales Technology Academy

Public District KG-5

0.1 mi

1115 W 5th St

2

Holdeman Elementary School

Public District KG-5

1.0 mi

1326 W 18th St

6

Broadmor Elementary School

Public District KG-5

1.8 mi

311 E Aepli Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,095. Residents of Tempe, AZ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
56%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
10%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
51%
18-34 yrs old
29%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1320-1312 W 5th St

This home is located at 1320-1312 W 5th St in Tempe, AZ and zip code 85281 in the Sunset neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $1,150,000.

In February 2025 more than 8 listings in Tempe, AZ were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 64 were sold below. The number of listings in Tempe, AZ increased by 8.8% between January and February 2025. Listings spent 61 days on the market in February 2025, and had a median list price of $485,159 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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