1321 W 5TH Street Active Save Request In-Person Tour Request Virtual Tour
Tempe,AZ 85281
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision State Plat No 12 Amd
MLS Listing ID 6718601
Year Built 1970
Annual Tax Amount $2,609
Tax Year 2023
Property Description
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!
Location
State AZ
County Maricopa
Community State Plat No 12 Amd
Zoning Multi Family
Interior
Heating Natural Gas
Cooling Individual,Electric
Flooring Ceramic Tile
Exterior
Garage 1 Space/Unit
Community Features No Pool
Waterfront No
Roof Type Built-Up
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Tempe Union High School District
Others
Acceptable Financing Conventional,1031 Exchange,FHA
Listing Terms Conventional,1031 Exchange,FHA