5 months on rocket

1321 W 5th St, Tempe, AZ, 85281

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1321 W 5th St, Tempe$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Parking1 Space/Unit
Year Built1970
HeatingNatural Gas
CoolingOther, Electric
MLS #6718601
StatusActive

About 1321 W 5th St

Incredible Value-Add Opportunity! This prime investment property is in an Opportunity Zone and offers huge potential for savvy investors to increase returns. Fully occupied and with below-market rents, this well-maintained fourplex is ready for a strategic value-add play. Renovated in 2018 with a new roof and HVAC, it's situated in the heart of Tempe, steps from ASU, Mill Ave, and public transit—making it a hot spot for consistent rental demand. With its ideal location and opportunity for growth, this is the chance to capitalize on a high-demand area and elevate your portfolio with long-term appreciation and tax benefits!

Property Details

Property Features

Property Information:

  • Year Built: 1970

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Listing Agent: Nathanial Zeune

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Exterior Features

Parking Information:

  • Parking: 1 Space/Unit

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Other, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $2,520
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Tempe, AZ.

Map thumbnail provided by MapBox

Tempe, AZ

City

Med. Sold Price

$475K

Med. Price/SqFt

$303

Avg. Days On Market

48

# of Sold Homes

120

1321 W 5th St vs Tempe

163 DAYS ON ROCKET

+115 Days

$950,000

+$475K More

KEY TAKEAWAY

This property is $475K more than the Median Sold Price in Tempe, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6718601

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Listing Agent: Nathanial Zeune

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© 2024 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: 11/24/2024, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 18, 2019Home Sold
$510,000
Apr 25, 2017Home Sold
$375,000
Mar 26, 1992Home Sold
$60,111

Tax History

YEARPROP. TAXASSESSMENT
2021$2,520$49,270
2020$2,443$43,470
2019$2,337$35,220
2017$2,268$24,980

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1115537
3
/10

  • Scales Technology Academy

  • 1115 W 5th St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-1115538
2
/10

  • Holdeman Elementary School

  • 1326 W 18th St

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-1115539
6
/10

  • Broadmor Elementary School

  • 311 E Aepli Dr

  • 2.06 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1321 W 5th St

What is the listing price of this property?

The listing price of 1321 W 5th St property is $950,000.

What type of property is this?

The property 1321 W 5th St is a house located in Tempe, Arizona, 85281.

Is this property for sale now?

Active Listing: 1321 W 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,520 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 18, 2019 for $510,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1321 W 5th St is 1970.

Rocket Homes›Arizona›Maricopa County›Tempe›85281›1321 W 5th St

This home is located at 1321 W 5th St in Tempe, AZ and zip code 85281 in the Sunset neighborhood. This home was built in 1970. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $950,000.

Over 17 listings were sold over their listed price in October 2024 in Tempe, AZ. In the same period over 73 listings were sold below the listed price and 30 listings were sold for the listed price. The number of homes for sale in Tempe, AZ increased by 11.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $475,000, while the average time on the real estate market was 48 days.

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

More Resources