600 W 5th Street, Tempe, AZ 85281

$1,300,000
Property Type: Residential Square Footage: 1,512 Lot Size (sq. ft.): 25,264 Status: Closed
Current Price: $1,300,000 Last Modified: 9/17/2026

Overview

Description

Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & all it has to offer! Great potential for many different uses. Two existing structures leased on a month to month basis. City of Tempe was submitted plans for a 11 plex, just needs approval!! Over half an acre, 25,264 sq ft lot! This property is in an Opportunity Zone in Tempe. 4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028

Listing Details MLS# 6239647

Location, Tax & Legal

Map Code/Grid
R36
House Number
600
Compass
W
Street Name
5th
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Country
US
County Code
Maricopa
Assessor Number
124-31-028
Subdivision
Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028
Tax Year
2020

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
Approx SQFT
1512
Price/SqFt
859.78
Horses
N
Builder Name
Unknown
Year Built
1925
Approx Lot SqFt
25264
Approx Lot Acres
0.58
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe Elementary School District
Elementary School
Scales Technology Academy
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe Academy Of International Studies McKemy Campus

Remarks Misc

Cross Street
Corner of W. 5th St & Roosevelt St
Directions
AZ-202 Loop E to N Priest Dr. Left onto W 5th St to address. Or North on Mill Ave then West on 5th St to Corner of 5th St & Roosevelt!

Status Change Info

Off Market Date
2021-10-04
Under Contract Date
2021-10-02
Close of Escrow Date
2021-12-15

Legal Info

Lot Number
Yes

More Information

Basement

Basement Y/N
N

Parking Spaces

Slab Parking Spaces
Yes

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: N/A Add'l Property Use: Other Master Bathroom: None Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: None Road Responsibility: City Maintained Road Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Cooling: Other; See Remarks Heating: None Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Wood; Chain Link Property Description: Corner Lot; North/South Exposure Landscaping: Dirt Front; Dirt Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Agency Discl Req
IDX
Listing Office: Keller Williams Realty Sonoran Living
Office Phone: 480-444-7200
Office Email: jeffmurray@kw.com
Last Updated: September - 17 - 2026
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