1552 W 5th St Tempe, AZ 85281
West Tempe NeighborhoodHighlights
- Multiple cooling system units
- Ceiling Fan
- Multiple Heating Units
- Ceramic Tile Flooring
About This Home
As of March 2025Great income property for sale! This single-level duplex has such upside potential for rent and very high demand. Each unit includes 2 bedrooms, 1 bathroom, covered parking, tile flooring, and inside laundry. Recent updates include a new hot water heater (2024), newer HVAC units (2020, 2022), and a replaced sewer line connecting to the city. The fenced backyard features a covered patio, storage, and low-maintenance pavers with desert landscaping. Centrally located in Tempe near ASU, Sky Harbor Airport, shopping, dining, entertainment, and public transportation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,713
Year Built
- Built in 1971
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
Flooring
- Concrete
- Ceramic Tile
Parking
- 2 Open Parking Spaces
- 5 Parking Spaces
- Carport
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for landscaping
- Tax Lot 15
- Assessor Parcel Number 124-38-019
Community Details
Overview
- 2 Units
- Building Dimensions are 60x120
- Ginny Mae Estates Unit 1 Subdivision
Building Details
- Operating Expense $1,713
- Gross Income $23,400
- Net Operating Income $23,400
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $475,000 | 0.0% | $318 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $475,000 | -- | $318 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,713 | $15,295 | -- | -- |
| 2024 | $1,693 | $14,567 | -- | -- |
| 2023 | $1,693 | $45,910 | $9,180 | $36,730 |
| 2022 | $1,510 | $35,760 | $7,150 | $28,610 |
| 2021 | $1,530 | $31,310 | $6,260 | $25,050 |
| 2020 | $1,481 | $28,260 | $5,650 | $22,610 |
| 2019 | $1,453 | $22,920 | $4,580 | $18,340 |
| 2018 | $1,416 | $19,100 | $3,820 | $15,280 |
| 2017 | $1,373 | $16,070 | $3,210 | $12,860 |
| 2016 | $1,364 | $14,830 | $2,960 | $11,870 |
| 2015 | $1,315 | $14,460 | $2,890 | $11,570 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,250 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | Landmark Title | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6817231
APN: 124-38-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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