Stewart Ray

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Listing provided courtesy of Weichert, Realtors - Courtney Valleywide- MLS# 7016914MLS ProviderContact Information: 480-705-9600

1063 W 5TH Street #3Tempe, AZ 85281

Vacant Land · 0.14 Acres
$385,000 Active

1063 W 5TH Street #3 Overview

Time on Site:
70 days
Visits:
0

Great Investment Opportunity- Development already currently approved by the City of Tempe in an ''Opportunity Zone''. Subdivided for the possibility of 3 Detached Properties & a Common Area. Parking Spaces Already Accounted for in the Common Area Parcel/Lot. .Close Proximity to ASU, Mill Ave. & Tempe Amenities. A great find and investment opportunity.

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1063 W 5TH Street #3 Facts & Features

  • Type Vacant Land
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: false

Distance to Services

  • Distance To Electric Comments: Under 350 Feet
  • Distance To Gas Comments: Under 350 Feet
  • Distance To Phone Service Comments: Under 350 Feet
  • Distance To Sewer Comments: Under 350 Feet
  • Distance To Water Comments: Under 350 Feet

School Information

  • School District: Tempe Union High School District
  • Elementary School: Scales Technology Academy
  • Middle Or Junior School: Geneva Epps Mosley Middle School
  • High School: Tempe High School

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Tempe
  • Subdivision Name: TREBLE
  • Township: 1N

Community/Development

  • Development Status: See Remarks,Raw Land,Subdivision Plat Apv,Plans Available,Plans Included

Tax Information

  • Tax Annual Amount: $356.00
  • Tax Year: 2025

General Information

  • Disclosures: Soil Test,Seller Prop Disc Stm,Boundary Survey Avlb,Flood Elevation Certificate
  • Listing Terms: Cash,Conventional
  • Parcel Number: 124-36-190
  • Possible Use: Multi-Family
  • Property Type: Land
  • Special Listing Conditions: N/A
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS

Unit Information

  • Unit Number: 3

Exterior

Lot Information

  • Additional Parcels: true
  • Lot Features: Other,See Remarks,East/West Exposure
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 50.01 x 208.94
  • Lot Size Square Feet: 6112.0
  • Lot Size Units: Acres
  • Number Of Lots: 4
  • Road Surface Type: Asphalt
  • Topography: Level
  • Water Source: City Franchise

General Information

  • Fencing: Block
  • Horse: false
  • Other Structures: None
  • Sewer: Sewer - Available

1063 W 5TH Street #3 Neighborhood

Community

85281 (Tempe) Demographics

25
Median Age
5,130
Population Density (per sq. mile)
50%
College Educated
$42,545
Estimated Median Income
5,503
Estimated Total Home Owners
20,386
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1063 W 5TH Street #3 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1063 W 5TH Street #3 Market Data

Based on the last 30 days in this zip code

$566,243
Average List Price
$387
Average Price per Square Foot
18
Properties Sold
80
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

1063 W 5TH Street #3 History

Date Event Value Agent
4/20/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 20, 2026