1061 W 5th Street #3, Tempe, AZ 85281

Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1061 W 5th Street #3,Tempe, AZ 85281
$299,000
  • 0.24 Acres
  • Lots / Land
  • Active
Listed by: kate rosekate@kateroserealty.com
Office: kate rose realty
MLS#:6846759
Source:ARMLS

Price summary

  • Price:$299,000

About this home

Awesome opportunity to build housing a mile from ASU! Easement from 5th St is in place. The other 3 APN's are 124-36-188, 124-36-189, and 124-36-191. All 4 lots total 0.24 AC. Whatever is built, the footprint of the buildings should not cover more than 5000sf, with max height - 30 feet. Please check with Lucas at City of Tempe Planning before writing offer. He tells us a pre-planning review can be done over the phone or in person. Prior escrows fell out because (1) buyer wanted to do 8 units which was not approved, and (2) buyer could not figure cost of construction. Parents are selling this land after son moved out of state. (Continued in Supplement) Updated info - seller found out from Tempe City Planning FYI: (Please verify for yourself of course - not to be relied upon.) He said the property is now zoned R3 (3 dwellings) but could be changed to R4 (4 dwellings), with preliminary review and a rezoning application. On the Master Community Development plans they

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Home facts

  • Listing ID #:6846759
  • Updated:February 20, 2026 at 09:40 PM

Structure and exterior

  • Lot area:0.24 Acres

Schools

  • High school:Tempe High School

Utilities

  • Water:City Franchise
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$299,000
  • Tax amount:$333 (2024)
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