#6867384, Anthony Wozniak, Listing office: Realty ONE Group
#6885871·
Listing office: Desert Dimensions Properties·
Listing agent: Joseph A Maggiore·
Listing office phone: 480-270-5355
$899,000 List price
1321 W 5th St Tempe, AZ 85281
House
Property details
About 1321 W 5th St
Incredible Tempe investment opportunity! This fully leased, single story 4-plex features long-term, reliable tenants & has been professionally managed for years. All tenants are current on rent, some under market. Major updates, including roof and all AC units, were completed in 2018. Ideally located minutes from ASU, downtown Tempe, Tempe Town Lake, major freeways (Loop 202, 101 & I-10) and multiple bus lines. Quick access to top area employers like State Farm, ADP, Amazon, and Wells Fargo. Covered and uncovered parking at rear of property and shared laundry facility on site. Plus, room to add Tenant value with some interior and exterior cosmetic updates, reflected in list price. This property offers strong value in one of the Valley's most sought-after rental markets.
Highlights
Home typeOther
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s), Electric
Year built1970
ParkingAssigned, >1 Space Per Unit
MLS #6885871
Summary
- Flooring Type: Ceramic Tile, Vinyl
- Parking: Assigned, >1 Space Per Unit
- Heating: Natural Gas
- Cooling: Ceiling Fan(s), Electric
- List Price: $899,000
- Annual Tax Amount: $2,609
- Tax Year: 2024
- Directions: S on Priest to 5th St. E on 5th to (3rd) 4plex on Right- 1321. Follow around to alley in rear for parking.
- Year Built: 1970
- MLS Number: 6885871
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Desert Dimensions Properties
- Office Phone: (480) 270-5355
- Office Email: JosephM@DesertDimensions.co
- Listing Agent: Joseph A Maggiore
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: 7/16/2025, 2:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 18, 2019 | Home Sold | $510,000 |
| Apr 25, 2017 | Home Sold | $375,000 |
| Mar 26, 1992 | Home Sold | $60,111 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $80,210 | $2,609 |
| 2023 | $73,850 | $2,502 |
| 2022 | $58,520 | $2,520 |
| 2020 | $43,470 | $2,443 |
| 2019 | $35,220 | $2,337 |
| 2017 | $24,980 | $2,268 |
History based on county public records data.
Nearby schools
3
Scales Technology Academy
Public District KG-5
0.3 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
2.1 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. The majority of Tempe, AZ residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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 Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
#6862698, Bruce Swift, Listing office: Windermere Real Estate & Property Management
#6859031, Miguel Angel Tzompantzi, Listing office: West USA Realty
#6884237, David Evans Jr, Listing office: Realty ONE Group
#6884240, David Evans Jr, Listing office: Realty ONE Group
Backup offers
#6839318, Rebecca Kennard, Angela Vida Vega, Listing office: My Home Group Real Estate
#6839056, Tony Lee, Josefina Lee, Listing office: ProSmart Realty
#6879694, Michael Stegge, Listing office: Realty ONE Group
#6860599, Randy Bos, Listing office: AZ-REP
#6819903, Joyce Tang, Listing office: HomeSmart
Frequently asked questions
About 1321 W 5th St
The listing price of 1321 W 5th St property is $899,000.
The property 1321 W 5th St is a house located in Tempe, Arizona, 85281.
Active Listing: 1321 W 5th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1321 W 5th St are: Scales Technology Academy (GreatSchools Rating 3/10), Holdeman Elementary School (GreatSchools Rating 2/10), Broadmor Elementary School (GreatSchools Rating 6/10), Gililland Middle School (GreatSchools Rating 2/10), McKemy Academy of International Studies (GreatSchools Rating 6/10), Laird Elementary School (GreatSchools Rating 3/10), Tempe High School (GreatSchools Rating 4/10), Ombudsman - Charter Northeast (GreatSchools Rating 2/10), Asu Preparatory Academy Digital (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,609 (source: MLS/based on county public records data).
The last sale was on January 18, 2019 for $510,000 (source: MLS/tax record).
The property at 1321 W 5th St has 0 bathroom.
The year of construction for 1321 W 5th St is 1970.
This home is located at 1321 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 June 27, 2025 and is currently priced at $899,000.
Tempe, AZ housing market in June 2025 saw over 7 listings sold above listed price, more than 26 sold at listed price and over 89 sold below. Between May and June 2025, Tempe, AZ real estate market has seen increase in the number of listings by 0.3%. While the average time on the market in June 2025 was 70 days, the median list price was $485,000.
From Rocket Homes Real Estate and based on county public records data.