154 W 5TH Street 250, Tempe, AZ 85281 (MLS# 6987809)

154 W 5TH Street 250, Tempe, AZ 85281

$450,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,034 Lot Size (sq. ft.): 169,461 Status: Active

Current Price: $450,000 Last Modified: 3/18/2026

Overview

Description

High Demand Investor Opportunity at Hayden Square, steps from ASU's Tempe campus. This 2-bed, 2-bath condo offers a proven rental location in the heart of Downtown Tempe, ideal for steady student, faculty demand or corporate use. Bright open layout with vaulted ceilings, fireplace, stainless steel appliances, in-unit laundry, updated baths, and private patio. Easy walk to Mill Ave, light rail, and Tempe Town Lake which is an unbeatable leasing advantage. Community pool, BBQ area, and covered parking enhance tenant appeal. Strong rental record in a high-demand campus setting.

Listing Details MLS# 6987809

Location, Tax & Legal

House Number: 154
Compass: W
Street Name: 5TH
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 8274
County Code: Maricopa
Assessor Number: 132-29-270
Subdivision: HAYDEN SQUARE CONDOMINIUM
Tax Year: 2025
Unit #: 250
Assessor's Map #: 29
Legal Description (Abbrev): HAYDEN SQUARE CONDOMINIUM MCR 292-37 UNIT 0024 BL DG 000F TOG WI AN UNDIV 1/118 INT IN THE COMMON E
Assessor's Parcel #: 270
Tax Municipality: Tempe
Taxes: 2690

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Townhouse
Dwelling Styles: Stacked
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1034
Price/SqFt: 435.2
Horses: N
Builder Name: Unknown
Year Built: 1986
Approx Lot SqFt: 169461
Approx Lot Acres: 3.89
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: Yes
Planned Comm Name: Hayden Square
Marketing Name: Hayden Square
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Half Bathrooms: 0

Remarks Misc

Cross Street: 5th St & Mill Av.
Directions: West on 5th Street to complex on the right. Parking available West of complex.

Legal Info

Township: 1N
Range: 4E
Section: 15
Lot Number: 24

Basement

Basement Y/N: N

More Information

Parking Spaces

Garage Spaces: Yes
Total Covered Spaces: Yes
Slab Parking Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 480-797-8461

Special Listing Cond

N/A: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Metal: Yes

Association & Fees

HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 0
HOA Fee: 326
HOA Paid Frequency: Monthly
HOA Name: Hayden Square HOA
HOA Telephone: 602-437-4777
HOA Management Company: City Property Manage
HOA Management Phone: 602-437-4777
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 652
Disclosure Fees HOA: 400
Other Fees HOA: 0
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 326

Lockbox Type

Other: Yes
See Private Remarks: Yes

Building Style

Clustered: Yes

Master Bathroom

Full Bth Master Bdrm: Yes

Flooring

Carpet: Yes
Tile: Yes

Community Features

Community Spa: Yes
Near Bus Stop: Yes
Near Light Rail Stop: Yes
Transportation Svcs: Yes

Dining Area

Dining in LR/GR: Yes

Heating

Electric: Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Electric Oven: Yes
Electric Range: Yes
Refrigerator: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Interior Features

Vaulted Ceiling(s): Yes
Fire Sprinkler System: Yes

Laundry

Washer Included: Yes
Dryer Included: Yes
Inside: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

None: Yes

Water Source

City Water: Yes

Community Pool Features

Outdoor: Yes

Exterior Features

Balcony: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Assigned Parking: Yes
Permit/Decal Req'd: Yes

New Financing

Cash: Yes
Conventional: Yes

Utilities

SRP: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Landscaping

None: Yes

Unit Style

Two Levels: Yes
Two Common Walls: Yes

Disclosures

Seller Discl Avail: Yes

Possession

Close of Escrow: Yes

Association Fee Incl

Exterior Mnt of Unit: Yes
Roof Repair: Yes
Roof Replacement: Yes
Water: Yes
Sewer: Yes
Garbage Collection: Yes
Front Yard Maint: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes
Rental OK (See Rmks): Yes
Prof Managed: Yes

Property Features

Special Listing Cond: N/A Building Style: Clustered Master Bathroom: Full Bth Master Bdrm Flooring: Carpet; Tile Community Pool Features: Outdoor Spa: None Community Features: Community Spa; Near Bus Stop; Near Light Rail Stop; Transportation Svcs Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included; Inside Interior Features: Vaulted Ceiling(s); Fire Sprinkler System Exterior Features: Balcony Parking Features: Assigned Parking; Permit/Decal Req'd Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Metal Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Fencing: None Landscaping: None Lockbox Type: Other; See Private Remarks Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Water; Sewer; Garbage Collection; Front Yard Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail

Listing Office: Realty ONE Group

Last Updated: March - 18 - 2026

Broker Attribution: 480-797-8461