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$450,000
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Property Description
Discover the perfect blend of location, flexibility, and modern updates in this refreshed Tempe home near Downtown Tempe, Arizona State University, and major transit including light rail, streetcar, Orbit bus, and Sky Harbor Airport. This spacious property offers multiple living areas with separate living and family rooms, plus a private rear master suite featuring an updated bathroom, new tiled shower, and walk-in closet. An adjoining flex room provides options for an office, gym, nursery, or bedroom. The updated kitchen includes white shaker cabinetry, quartz countertops, and a breakfast bar, making this home ideal for both comfortable living and strong rental or investment potential. Inside, you'll find thoughtful updates and versatile spaces throughout. Each secondary bedroom includes its own closet, and a nearby bonus room offers potential for a butler's pantry or workshop. Recent improvements include interior and exterior paint, newer roof (approx. 2 years), updated door hardware, and serviced A/C units (5-ton and 3-ton). Dual-pane windows enhance efficiency in the addition, while original front windows maintain mid-century character. Additional highlights include a large laundry room with washer and gas dryer hookups, an extended Arcadia door in the family room, carport parking, and accessible single-level living with a front entry ramp. The spacious lot features a newly added gate and fence on the east side yard, creating extra usable outdoor space. Note: home was not originally plumbed for a dishwasher, but space is available for a standalone unit.
Full Property Details
Full Property Details for 1205 W 5th St
General
- Price: $450,000
- Taxes: $1,946 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7040780
- Updated: 7/24/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Walk-in Pantry, Quartz Countertops, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
- Appliances: Disposal, Electric Range, Electric Oven
- Flooring: Laminate, Tile, Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Exterior
- Exterior Features: Private Yard, Storage
Location
- County: Maricopa
- Township: 1N
- Subdivision: D BAR L RANCHOS
- Cross Streets: Hardy and University
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Painted, Block
- Roof: Composition
- Windows: Single Pane, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1954
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: City, City Lights, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,625
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: North/South Exposure, Desert Back, Desert Front
Financial Considerations
- Tax Amount: $1,946
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 90 D BAR L RANCHOS MCR 007618
- Property ID: 124-37-094
- Range: 4E
- Section: 16
- Lot Number: 90
Listed by My Home Group Real Estate
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Schools
Schools serving 1205 W 5th St
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Scales Technology Academy 1115 West 5th Street, Tempe, AZ 85281 | K-5 | 0.1 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.6 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1205 W 5th St
Date
Details
Price
Change
Source
7/24/2026
Price Reduced
$450,000
-4.26%
MLS
6/19/2026
Listed
$470,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1205 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,946
—
$16,236
-59%
2025
$1,946
8%
$39,770
-1%
2023
$1,797
4%
$40,100
15%
2022
$1,724
—
$34,770
34%
2022
$1,724
-1%
$25,900
6%
2021
$1,736
3%
$24,360
14%
2020
$1,683
2%
$21,310
—
2019
$1,651
118%
$21,250
9%
2018
$758
15%
$19,420
9%
2017
$658
4%
$17,870
4%
2016
$635
7%
$17,160
18%
2015
$594
-8%
$14,570
29%
2014
$649
29%
$11,320
31%
2013
$502
—
$8,630
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1205 W 5th St
1205 W 5th Street, Tempe, AZ 85281 (MLS# 7040780) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1205 W 5th Street is currently listed for $450,000 and was received on June 19, 2026. Want to learn more about 1205 W 5th Street? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

