2402 E 5th Street 1419, Tempe, AZ 85288, Tempe, 85288 - 2 bed, 3 bath
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Tempe, AZ 85288
This Turnkey Townhouse is a Strong Value Opportunity, listed at $375,000—positioned slightly above the $366,470 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 3, featuring modern updates like quartz counters and wood-look flooring. Its prime location near ASU and major transit hubs provides high rental demand and lifestyle convenience. With an attached 2-car garage and low-maintenance layout, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence in a high-growth area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2402 E 5th Street 1419 Subject | $375,000* List Price | 2 | 3 | 1,105 | $332 | - |
A 2402 E 5TH Street 1555 Active | $345,000 List Price | 2 | 3 | 1,100 | $314 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property is well-maintained and move-in ready. It features recent cosmetic updates including new wood-look flooring, fresh paint, painted cabinets, and quartz bathroom counters, fitting the 10-20 year age bracket for functional, updated homes.
The property is ideally situated near ASU, Tempe Marketplace, and major transit hubs like the light rail and Loop 101/202, making it highly attractive for students and commuters.
Featuring new wood-look flooring, fresh interior paint, and quartz bathroom counters, the home is move-in ready with a contemporary aesthetic that appeals to today's buyers.
The inclusion of a private 2-car garage is a significant value-add for a townhome in this price point, providing secure parking and essential extra storage space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =687, other record lot size in square feet = 1196.
At 1,105 square feet for a 2-bedroom unit, the layout may feel somewhat restrictive for those seeking larger communal living areas or expansive bedrooms.
With a very small lot footprint typical of high-density townhomes, there is a lack of private yard space, which may be a drawback for pet owners or outdoor enthusiasts.
Fresh, bright, and dialed in for low-maintenance Tempe living. This 2-bed, 2.5-bath townhome offers 1,105 sq ft with updated wood-look flooring, new interior paint, painted kitchen cabinets, stainless appliances, quartz bathroom counters, and a clean open layout that feels easy from day one. The kitchen flows into the main living area, while arched windows bring in natural light and character. In-unit laundry and a 2-car garage add the everyday function buyers want. 2 Community pools & hot tub. Ideal for a first-time buyer, ASU student, or lock-and-leave lifestyle in the Villagio gated community near ASU, Cubs stadium, Tempe Town Lake, Sun Devil Stadium, Tempe Marketplace, light rail, Sky Harbor, and quick Loop 101/202 access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,105 | - |
| Lot Size | 687 | - |
| Price | $375.0K | $315.5K |
| Price per sq ft | $339 | $270 |
| Built year | 2007 | 0 |
| HOA | $248 | $0 |
| Days on market | 49 | 2203 |
Jun 3, 2026
$375,000
Initial Listing