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Rob & Pam Schabatka

Broker/Owner

(928) 282-4166 (o)

(928) 821-3508 (c)

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$895,000
24 Days On Site

401 W 5TH Street
Tempe, AZ 85281

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1960
Built
Subdivision:
ORTH SUB
County:
Maricopa

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (928) 282-4166 x 253
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(928) 282-4166 x 253
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PRIME PROPERTY LOCATED WITHIN TEMPE'S TRANSPORTATION OVERLAY DISTRICT. SURROUNDED BY A HIGH END COLLECTION OF OFFICE/COMMERCIAL DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY CONDOMINIUMS. THE PROPERTY IS ALSO INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL, AND TEMPE'S OWN STREET CAR SERVICE. THE EXISTING UNITS ARE 100% OCCUPIED WITH IMMEDIATE CASH FLOW ALLOWING FOR AN INCOME STREAM WHILE PLANNING YOUR FUTURE DEVELOPMENT.

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Listing Snapshot
Price 
$895,000
Days On Site 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1960
MLS® Number 
6982393
Status 
Active
Property Tax 
$1,831
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Cross Street 
5TH AVE AND FARMER
Disclosures 
None
Parking 
Off Street
Parking Spaces 
4
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
R3
Interior Features
Appliances 
RefrigeratorFree-Standing Gas Oven
Cooling 
Ceiling Fan(s)Heat Pump
Flooring 
Other
Heating 
See RemarksHeat Pump
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Exterior Features
Construction Details 
Block
Roof 
Built-Up
Community Features
Financing Terms Available 
Owner May CarryConventional
Roads 
Gravel
School District 
Tempe Union High School District
Township 
1N
Schools
School District
Tempe Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of HomeSmart.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-03-07 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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