154 W 5th St
154 W 5th St, Tempe, AZ, 85281
About 154 W 5th St
154 W 5th St is a three-story townhome building constructed in 1986, offering a selection of 1, 2, and 3-bedroom units. This property features rental accommodations, providing flexibility for residents and investors alike. With unit prices ranging from $525,000 to $550,000, this building caters to a variety of housing needs. The townhome design emphasizes functionality, maximizing living space across all units. Each residence is designed with modern living in mind, accommodating urban lifestyles while providing comfortable living environments. The surrounding area offers convenient access to local services and amenities, making it a practical choice for residents. While the neighborhood specifics are not detailed, the building's location is poised for engagement with essential urban amenities and lifestyle options. 154 W 5th St presents a solid opportunity for residents seeking well-structured townhomes in a developing area, where the combination of location, diverse unit options, and rental allowance adds to its appeal.
Amenities
What truly sets 154 W 5th St apart is the lifestyle that comes with it. A rental policy applies here, which adds a layer of flexibility for homeowners seeking investment opportunities or those who may consider short-term rentals. Imagine having your own cozy retreat while also having the option to generate additional income!
Parking
Locker
Concierge
Elevator
Central AC
Pool
Fitness Center
Visitors ParkingBuilding Policies
While specific policies haven’t been detailed, you’ll generally find that condo associations maintain a friendly but structured environment aimed at creating a harmonious living space for all. It’s worth checking in with the association on specific rules, especially regarding rentals and community engagements.
Pets Allowed
Short-term Rental Allowed
BBQ Permitted
Sublet AllowedLoading...
154 W 5th St Market Report (last 12 months)
1.28%
3
100
3.02%
3154 W 5th St Sales History
| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
 | 249 | 1273 | 3 | 2 | 82 | 2025-06-16 MLS#: 6841062 | Closed | $550,000 |
 | 229 | 1273 | 3 | 2 | 32 | 2023-10-26 MLS#: 6609349 | Closed | $525,000 |
 | 212 | 1273 | 3 | 2 | 57 | 2022-03-08 MLS#: 6339889 | Closed | $455,000 |
3 Beds
2 Baths
1273 sqft
| Date | Status | Price |
|---|---|---|
| 2022-03-08 | Closed | $455,000 |
3 Beds
2 Baths
1273 sqft
| Date | Status | Price |
|---|---|---|
| 2023-10-26 | Closed | $525,000 |
3 Beds
2 Baths
1273 sqft
| Date | Status | Price |
|---|---|---|
| 2025-06-16 | Closed | $550,000 |
The Neighborhood :
Living in 154 W 5th St
Condo Living at 154 W 5th St, located at 154 W 5TH ST, TEMPE, AZ:
Are you ready to embark on your journey to homeownership? At 154 W 5th St in sunny Tempe, Arizona, you’ll discover a cozy condo building that strikes the perfect balance between comfort and community. This three-story gem, built in 1986, offers 81 units that cater to various lifestyles—perfect for first-time buyers eager to lay down their roots. The building's charming presence not only appeals to young professionals but also provides a warm atmosphere for anyone looking to settle into a vibrant neighborhood.
Building Features and Unit Availability:
Currently, there are no units available for sale, but don’t let that discourage you. With sizes ranging from 666 to 1,499 square feet, there's a lot to love about the living spaces here. The demand for condos in this area is strong, and while prices have fluctuated slightly with a year-over-year change of about -3%, the average closed price settles at $420,000. This translates to a price per square foot of around $436, making it a respectable choice for city living.
Life at 154 W 5th St:
Living at 154 W 5th St means embracing a lifestyle enriched by a dynamic community. As a first-time buyer, you'll appreciate being part of a neighborhood that teems with energy and youthful optimism. With a significant portion of the community in the 15-19 and 20-24 age brackets, you’ll find plenty of like-minded neighbors who are just as excited about forging new beginnings. The area boasts a relatively younger demographic, with about 29.77% aged 15-19 and 25.53% in the 20-24 range.
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