1552 W 5th Street, Tempe, AZ 85281

$475,000

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Sold Price
$475,000
List Price
$475,000
Closing Date
Mar 14, 2025
Days on Market
7
Status
CLOSED
MLS#
6817231
City
Tempe
Subdivision
Ginny Mae Estates Unit 1
Year Built
1971

Property Description

Great 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.

Additional Information

Community Features
No Pool
Construction
Block, Painted, Brick Veneer
Cooling
Central Air, 2 or More Units, Ceiling Fan(s)
Electric
Individual Meter, SRP
Flooring
Ceramic Tile
Heating
Zoned, Natural Gas
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, Cash
Parking Features
Open, Carport, <1 Space Per Unit
Roofing
Composition
Subdivision
Ginny Mae Estates Unit 1
Taxes
$1,713
Tax Year
2024
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
Units
2
Water
City Franchise
Zoning
R-3R

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: DeLex Realty.

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