154 W 5TH Street 246, Tempe, AZ 85281, Tempe, 85281 - 2 bed, 2 bath
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Tempe, AZ 85281
This Turn-Key Urban Townhouse is listed at $400,000, representing a quality-driven entry point relative to its $353,973 Fair Market Value. Featuring an extensive recent renovation, the home earns a Condition Rating of 2 with its Modern Kitchen, stainless appliances, and new wood-look flooring. The property offers a unique City Skyline View and a private deck, perfectly positioned within walking distance of Mill Avenue and ASU. This sophisticated retreat provides a low-maintenance lifestyle in the heart of Tempe, making it an ideal match for Young Professionals or Owner-Occupants seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 154 W 5TH Street 246 Subject | $390,000* List Price | 2 | 2 | 1,034 | $377 | - |
A 154 W 5TH Street 250 Active | $450,000 List Price | 2 | 2 | 1,034 | $435 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring a modern kitchen with white shaker cabinets and stainless steel appliances, stylishly updated bathrooms with contemporary fixtures, and new wood-look flooring throughout. Although the complex was built in 1986, the interior components are virtually new, meeting current quality standards with no visible deferred maintenance.
Situated in the heart of downtown Tempe, this property is within walking distance of Mill Avenue and ASU, offering exceptional convenience and high rental demand for students and professionals.
The unit features a modern kitchen, new flooring, and stylish bathrooms, and comes fully furnished, providing a sophisticated, move-in-ready experience.
Ideal for frequent travelers or seasonal residents, the townhouse offers a low-maintenance lifestyle with quick access to Sky Harbor Airport and major transit hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1034, other record living area = 964.
The assigned middle and high schools carry lower ratings (3/10), which may deter families who prioritize top-tier public education districts.
While the unit itself is beautifully remodeled, the 1986 construction of the Hayden Square complex may lead to higher long-term maintenance needs or future association assessments.
Welcome to your dream townhouse in the sought-after Hayden Square complex! Perfectly situated in downtown Tempe, you'll be just a short stroll from vibrant Mill Ave and only minutes from Sky Harbor Airport. This beautifully remodeled, turn-key unit is ideal for ASU students, young professionals, or anyone seeking a convenient lock-and-leave lifestyle. With abundant natural light, new flooring, a modern kitchen, and stylish bathrooms, this furnished home effortlessly combines comfort and sophistication. Whether you're looking to embrace the energetic Tempe lifestyle or simply enjoy a serene retreat, this townhouse has it all. Don't miss your chance to make it yours!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,034 | 1,132 | 50% |
| Lot Size | 1,216 | 1,458 | 50% |
| Price | $390.0K | $67.5K | 88% |
| Price per sq ft | $377 | $78 | 88% |
| Built year | 1986 | 1986 | 50% |
| HOA | $326 | $196 | 88% |
| Days on market | 82 | 2627 | 13% |
Apr 26, 2026
$390,000
$400,000
-2% Price Drop
Initial Listing
Mar 17, 2026
$400,000
Initial Listing