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Property 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.
Full Property Details
Full Property Details for 154 W 5th St #250
General
- Price: $450,000
- HOA FEE: $300/month
- Taxes: $2,690 (2025)
- Status: Active
- Type: Townhouse
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6987809
- Updated: Today (2/20/2026)
- Added to Site: Today
Interior
- Interior Features: Vaulted Ceiling(s), Full Bth Master Bdrm
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Fire Sprinkler System
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Assigned, Permit Required
Location
- County: Maricopa
- Township: 1N
- Subdivision: HAYDEN SQUARE CONDOMINIUM
- Cross Streets: 5th St & Mill Av.
Community
- Association: Yes
- Assoc. Name: Hayden Square HOA
- Assoc. Fees Include: Roof Repair, Sewer, Front Yard Maint, Trash, Water, 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: Metal
- Common Walls: Two Common Walls
- Sq. Ft. Source: Assessor
- Year Built: 1986
Lot Features
- Lot Size (Acres): 3.89
- Lot Size (Sq. Ft.): 169,461
- Lot Size Source: Assessor
- Lot Features: None
Financial Considerations
- Association Fee: $300
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,690
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: HAYDEN SQUARE CONDOMINIUM MCR 292-37 UNIT 0024 BL DG 000F TOG WI AN UNDIV 1/118 INT IN THE COMMON E
- Property ID: 132-29-270
- Range: 4E
- Section: 15
- Lot Number: 24
Listed by Realty ONE Group
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Price & Sales History for 154 W 5th St #250
Date
Details
Price
Change
Source
2/20/2026
Listed
$450,000
119.51%
MLS
6/25/2007
Sold
$205,000
—
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 #250
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,589
8%
$22,060
-1%
2024
$1,476
1%
$22,260
-8%
2023
$1,458
5%
$24,200
15%
2022
$1,392
—
$21,130
27%
2022
$1,392
-2%
$16,630
7%
2021
$1,420
3%
$15,610
1%
2020
$1,372
2%
$15,400
12%
2019
$1,346
3%
$13,730
3%
2018
$1,310
3%
$13,310
12%
2017
$1,269
—
$11,880
-2%
2016
$1,263
3%
$12,180
7%
2015
$1,222
3%
$11,350
27%
2014
$1,189
8%
$8,910
9%
2013
$1,106
—
$8,200
—
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 #250
154 W 5th Street #250, Tempe, AZ 85281 (MLS# 6987809) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 154 W 5th Street #250 is currently listed for $450,000 and was received on February 20, 2026. Want to learn more about 154 W 5th Street #250? Do you have questions about finding other Townhouse real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

