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Sold on 07/05/2018

704 W 5th St, Tempe, AZ 85281

  • $2,520,000

    Last sold 07/05/2018 after 126 Days

  • 19

    bed

  • 15

    bath

Multi-family not for sale
11 homes bought nearby with Movoto recently

About 704 W 5th St

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Property description
Parkview on 5th is a 17-unit garden-style apartment community located in a highly desirable north Tempe location that has recently been extensively renovated and repositioned with premium finishes. The property is made of block construction with pitched composition shingle roofs and is individually-metered for electricity. The unit mix is comprised of studio, one and two-bedroom floor plans that are spacious, well designed and range in size from 375 to 805 square feet. Unit interiors feature fully appointed kitchens with white shaker style cabinetry, breakfast bars, granite counter tops, decorative glass tile backsplashes, full-size stainless steel appliances, including gas cookstop stoves, dishwashers and built-I microwaves.
Listed by
Listing Agent - Jeffrey Seaman
Listing Office - CBRE, Inc
Source: ARMLS mls logo
MLS#5736033 • last updated 7 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual
MLS # 5736033
Type Multiple Dwellings
Status Closed
Property Tax 5532.91
Year Built 1961
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking <1 Space Per Unit
# of Open Parking Spaces 20
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision MONTERREY VILLAGE
Community Features No Pool
Elementary School District Tempe Elementary School District
High School District Tempe Union High School District
APN 124-31-074
Zoning R-3
Multifamily Details
Total # of Units 17
Financial Data Source Owner
Vacancy Allowance 0.07
Net Operating Income 143138
Gross Income 191580
Gross Scheduled Income 201000
We are not permitted to show value estimates for this property.
  • Jul 2018
    mls logo MLS # 5736033
  • Jul 5, 2018 Sold
    $2,520,000 (+3.1%)
  • Mar 1, 2018 Listed
    $2,445,000
  • 704 W 5th St
    $2.52M
  • Downtown Tempe - Rio Salado
    $470K -7% y/y
  • 85281
    $455K -7% y/y
  • Tempe
    $495K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Scales Technology Academy
public Grades PK, K-5
Tempe School District
2/10
Geneva Epps Mosley Middle School
public Grades 6-8
Tempe School District
4/10
Tempe High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85281
  • Downtown Tempe - Rio Salado
  • 704 W 5th St
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