1063 W 5TH Street 3, Tempe, AZ 85281
TREBLE · Maricopa County
Key Facts
Listing Courtesy: Weichert, Realtors - Courtney Valleywide - 480-705-9600
Description
Great Investment Opportunity- Development already currently approved by the City of Tempe in an ''Opportunity Zone''. Subdivided for the possibility of 3 Detached Properties & a Common Area. Parking Spaces Already Accounted for in the Common Area Parcel/Lot. .Close Proximity to ASU, Mill Ave. & Tempe Amenities. A great find and investment opportunity.
Property Information
Property Type
Land
Lot Size
0.14 acres
Lot Dimensions
50.01 x 208.94
Zoning
R-3
Listing #
7016914
Property Features
Fencing
Lot Features
Other Structures
Water Source
Schools
- Elementary:
- Scales Technology Academy
- Middle:
- Geneva Epps Mosley Middle School
- High:
- Tempe High School
Financial Details
HOA
None
Annual Taxes
$356
Tax year 2025
Parcel Number
124-36-190
Directions
On south side of 5th St. between Beck & Hardy. Just east of Scales Technology Academy Elementary School. Use the adjacent apartment entrance/road to access the property.
Affordability Calculator
$77,000
Estimated monthly payment
$2,049/mo
Principal $308,000 · Est. interest $429,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Tempe, AZ
- $476,471
- Median Listing Price
- 54
- Median Days on Market
- 1,471
- Median Sq Ft
- $313
- Median Price / Sq Ft
- 472
- Active Listings
- This home’s price is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Tempe, AZ.
Location
Points of Interest in Tempe, AZ
Showing the Tempe area map.
Nearby Schools
Scales Technology Academy
Secondary · 0.1 mi away
Gililland Middle School
Secondary · 0.5 mi away
Phoenix Metro Islamic School
School · 1.0 mi away
Lattie F. Coor Hall
School · 1.0 mi away
Holdeman Elementary School
Elementary · 1.1 mi away
360 Educational Services
School · 1.3 mi away
Tempe High School
Secondary · 1.3 mi away
Love & Learn Preschool
School · 1.4 mi away
Learning Crssrads Bsic Academy
School · 1.5 mi away
Heartprints Montessori
Elementary · 1.6 mi away
Broadmor Elementary School
Elementary · 1.8 mi away
Apollo Group
School · 1.8 mi away
McKemy Middle School
School · 1.8 mi away
Ombudsman - Charter Northeast
Secondary · 1.9 mi away
Great Hearts Academies
Secondary · 2.0 mi away
New School for the Arts and Academics
Secondary · 2.1 mi away
Our Lady of Mt Carmel School
Elementary · 2.2 mi away
International Commerce High School - Tempe
Secondary · 2.2 mi away
Humanities and Sciences Academy
School · 2.2 mi away
Harrison Middleton University
School · 2.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 200 E SOUTHERN Avenue 223, Tempe, AZ | $269,900 | 2 | 2 | 941 |
| 1022 W MALIBU Drive, Tempe, AZ | $269,900 | 3 | 2 | 1,088 |
| 834 S CASITAS Drive B, Tempe, AZ | $270,000 | 3 | 2 | 1,144 |
| 5625 S ADMIRALTY Court E E, Tempe, AZ | $270,000 | 2 | 1 | 1,050 |
| 925 S ACAPULCO Lane C, Tempe, AZ | $272,000 | 2 | 1 | 864 |
| 616 S HARDY Drive 131, Tempe, AZ | $272,500 | 2 | 2 | 779 |
Moving Cost Estimate
EXIT Agents in Tempe
Last Updated: 2026-04-13