Sold
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James "Cass" Stephens
1320-1312 W 5th Street Tempe, AZ 85281
Sold on 05/15/2025
$1,025,000 (USD)
Description
MLS #:
6830355
6830355
Taxes
$1,408
$1,408
Type
Multifamily
Multifamily
Year Built
1961
1961
County
Maricopa County
Maricopa County
Listed By
James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Bought with
Vincent Chan, West Usa Realty
Vincent Chan, West Usa Realty
Source
Arizona Regional MLS
Last checked Nov 13 2025 at 1:49 AM GMT+0000
Arizona Regional MLS
Last checked Nov 13 2025 at 1:49 AM GMT+0000
Bathroom Details
Heating and Cooling
- Heat Pump
- Electric
Flooring
- Other
- Ceramic Tile
Exterior Features
- Block
- Painted
- Roof: Composition
Utility Information
- Sewer: Public Sewer
Parking
- Rv Access/Parking
- 1 Space/Unit
- Free
- Add'L Parking Avail
- Carport
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Mar 29, 2025
Price Changed
$1,095,000
-5%
-55,000
Mar 03, 2025
Original Price
$1,150,000
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-
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 11/12/25 17:49.
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 11/12/25 17:49.
Prime location just blocks from Hayden-Ferry Landing, Mill/ASU, and a few minutes to Old
Town Scottsdale. In an OZ. All 2 bedroom unit mix (822sf/unit). Stabilized at a 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 with mostly 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.