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$535,000 Just Listed
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Property Description
Experience the best of Downtown Tempe living in this beautifully updated 3-bedroom, 2-bath condo in the highly desirable Hayden Square community. Freshly painted and move-in ready, this spacious 1,403 sq. ft. home offers an open layout, abundant natural light, a cozy fireplace, and a private balcony perfect for relaxing or entertaining. Just steps from Arizona State University, Mill Avenue, Tempe Town Lake, premier dining, shopping, nightlife, and the Valley Metro Light Rail, you'll enjoy unmatched walkability and convenience. Residents also have access to a community pool and well-maintained grounds. Whether you're seeking a primary residence, lock-and-leave lifestyle, or investment opportunity, this rare downtown gem puts everything Tempe has to offer right outside your door.
Full Property Details
Full Property Details for 154 W 5th St #227
General
- Price: $535,000
- HOA FEE: $326/month
- Taxes: $3,190 (2025)
- Status: Active
- Type: Apartment
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7044303
- Updated: Today (6/21/2026)
- Added to Site: Today
Interior
- Interior Features: Granite Counters, Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Balcony
Parking
- Parking Features: Assigned, Community Structure
Location
- County: Maricopa
- Township: 1N
- Subdivision: HAYDEN SQUARE CONDOMINIUM
- Cross Streets: Ash Ave and 5th Street
Community
- Association: Yes
- Assoc. Name: Hayden Square
- Assoc. Fees Include: Roof Repair, Insurance, Trash, Roof Replacement, Maintenance Exterior
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Wood Frame, Painted
- Roof: Composition, Built-Up
- Sq. Ft. Source: Assessor
- Year Built: 1988
Lot Features
- Lot Size (Sq. Ft.): 103
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $326
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,190
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: HAYDEN SQUARE CONDOMINIUM MCR 292-37 UNIT 0023 BL DG 000R TOG WI AN UNDIV 1/118 INT IN THE COMMON E
- Property ID: 132-29-336
- Range: 4E
- Section: 15
- Lot Number: 23
Listed by RE/MAX Fine Properties
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Price & Sales History for 154 W 5th St #227
Date
Details
Price
Change
Source
6/21/2026
Listed
$535,000
75.41%
MLS
7/25/2019
Sold
$305,000
—
Public Record
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 154 W 5th St #227
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,551
7%
$33,350
3%
2024
$2,384
-4%
$32,470
-10%
2023
$2,491
4%
$36,250
13%
2022
$2,389
—
$32,210
31%
2022
$2,389
-1%
$24,550
5%
2021
$2,406
3%
$23,360
-1%
2020
$2,333
2%
$23,650
3%
2019
$2,289
3%
$22,960
6%
2018
$2,232
3%
$21,570
9%
2017
$2,165
1%
$19,850
10%
2016
$2,150
19%
$18,050
6%
2015
$1,804
3%
$16,960
29%
2014
$1,756
8%
$13,160
9%
2013
$1,625
—
$12,050
—
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 154 W 5th St #227
154 W 5th Street #227, Tempe, AZ 85281 (MLS# 7044303) is a Apartment property with 3 bedrooms and 2 full bathrooms. 154 W 5th Street #227 is currently listed for $535,000 and was received on June 21, 2026. Want to learn more about 154 W 5th Street #227? Do you have questions about finding other Apartment real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

