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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

401 W 5th Street, Tempe, AZ – $895,000

  • $895k Price
  • $895k Price

401 W 5th Street

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.

Essential Information

  • MLS® #6982393
  • Price$895,000
  • Year Built1960
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address401 W 5th Street
  • SubdivisionORTH SUB
  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Amenities

  • AmenitiesNo Pool
  • Parking Spaces4
  • ParkingOff Street, 1 Space/Unit

Interior

  • HeatingSee Remarks, Heat Pump

Appliances

Refrigerator, Free-Standing Gas Oven

Cooling

Ceiling Fan(s), See Remarks, Heat Pump

Exterior

  • RoofBuilt-Up
  • ConstructionPainted, Block

School Information

District

Tempe Union High School District

Additional Information

  • ZoningR3

Listing Details

  • OfficeHomeSmart
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HomeSmart.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on March 7th, 2026 at 8:58pm MST.