#6801314, Jason Vaught, Adam C Vaught, Listing Office: Realty Executives

1320-1312 W 5th St Tempe, AZ 85281
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
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
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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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$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.
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.
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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.