1320-1312 W 5TH Street, Tempe AZ 85281

$1,150,000

1320-1312 W 5TH Street, Tempe, AZ 85281

bedrooms

bathrooms

square feet

Acreage

0.0

Open Houses

year built

1961

Full Baths

Half Baths

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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.

Location
Subdivision	Jo-ellen Homes
County	Maricopa
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6830355

Listing agent: James C Stephens

Listing broker: Real Living Sj Fowler Real Estate (480) 649-3536

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Last update: Friday, March 7 2025 at 6:41 p.m. EST

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