2516 E 5th Pl, Tempe, AZ 85281
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Property image
OFF MARKET

2516 E 5th Pl
Tempe, AZ 85281

  • 2 Beds
  • 2 Baths
  • 987 sqft

$232,700

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,349/mo*
Refinance Your Home

$232,700

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $1,349/mo*
Refinance Your Home
2 Beds
2 Baths
987 sqft

Local Information

  • Map ViewExplore the area around 2516 E 5th Pl.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
987 sqft
Price/Sqft
$236

About this House

Come take a look! This gorgeous 2 bed 2 bath patio home has minute access to freeways and shopping
 Just down the street from Tempe Marketplace and Mesa Riverview park and walkable to the Chicago Cubs Spring Training Facility! With all new concrete shined floors upgraded kitchen and primary bath, newly painted walls, this Oasis is looking for the right tenants to call it home! Tennis court/basketball hoop in the community brings recreational fun along with a sparkling pool and spa. This is a great place for students looking to start a new semester at ASU or any individual looking to be in the the city while in a quiet neighborhood. Stainless steal appliances and a microwave/air fryer combo in unit along with washer and dryer included. Beautiful natural light throughout the home with double pained windows and sliding doors and skylights in kitchen and bathrooms (great light for plant parents!) There's one covered assigned parking spot with many open uncovered spots available. Asking $1799/month, Landlord does not live on site. For animal approval contact landlord through Zillow. Section 8 Compliant

If tenant would like to include Utilities in monthly rent an additional $150/month will be added to rent covering up to $300/utilities ($200 electric, $100 water) if tenant goes beyond those billed, tenant covers the rest.

No subleasing without approval from landlord. Every tenant in home must be on the lease.

With reasonable notice of 48 hours to the Tenant, Landlord may do quarterly property checks to ensure everything is in working order.
Tenant will be held responsible to:
a. Check smoke alarms monthly and replace batteries as necessary. If smoke alarm is not functioning, Tenant should notify the Landlord or Property Manager immediately
b. Change air filters every 60 days. Tenant's failure to change the air filters regularly will result in the security deposit being charged for any damage this may cause to the air conditioning unit. Air filters will be provided by Landlord
c. Pay for any and all glass breakage.
d. Pay for any repairs not authorized by Landlord.
Any repairs needed that is caused by Tenant neglect/negligence will be charged to the tenant (i.e toy or sanitary products caused a blockage in a toilet/sewer line; excess hair clogs in a shower line. any object or food stopping up the garbage disposal.
Absolutely no smoking in the house. Any evidence of such will result in loss of security deposit and possible premature end of lease.
The Landlord only warrants serviceability of the following appliances: air conditioner, electric water heater, range/oven, dishwater, refrigerator, washer and dryer.
Tenant will alert landlord if any faucets or water supply is leaking as soon as possible.
Tenant is not permitted to work on or repair vehicles on the premises. All vehicles must be registered, insured, and in operational condition.
Tenants will respect all neighbors and following HOA rules provided by Landlord.
2516 E 5th Pl, Tempe, AZ 85281 is a 2 bedroom, 2 bathroom, 987 sqft apartment. It last sold for $115,000 on Aug 19, 2016 (6,292% above the $1,799 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $1,950 per month. That rental listing was removed on December 5, 2025. It is currently off market. The Trulia Estimate is $232,700, with a rent estimate of $1,621/month.

Home Details for 2516 E 5th Pl

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

PoolTennis Court(s)

Price History for 2516 E 5th Pl

DatePriceEventSource
12/05/2025$1,799ListingRemovedZillow Rentals
12/04/2025$1,799PriceChange
Zillow Rentals
12/02/2025$1,950Listed For RentZillow Rentals
09/13/2024$2,160ListingRemovedZillow Rentals
08/29/2024$2,160PriceChange
Zillow Rentals
08/10/2024$1,785PriceChange
Zillow Rentals
08/03/2024$1,800Listed For RentZillow Rentals
09/05/2023ListingRemovedZillow Rentals
08/17/2023$2,000Listed For RentZillow Rentals
03/23/2023ListingRemovedZillow Rentals #6522874
02/21/2023$3,000Listed For RentZillow Rentals #6522874
07/31/2019$1,395ListingRemovedAgent Provided
07/19/2019$1,395Listed For RentAgent Provided
08/19/2016$115,000Sold
ARMLS #5470414
09/11/2003$91,500Sold
ARMLS #2009263
07/27/2001$81,900Sold
ARMLS #1650072

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
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Property Tax and Assessment

Year2025
Tax$876
Assessment$214,100
Home facts updated by county records

Comparable Sales for 2516 E 5th Pl

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
520 S Evergreen Rd, Tempe, AZ
0.03
Apartment
$252,000
02/18/26
2
2
987
540 N MAY Street #1102, Mesa, AZ
0.17
Apartment
$249,000
11/17/25
2
2
1,031
280 S Evergreen Rd, Tempe, AZ
0.08
Apartment
$330,000
04/01/26
2
3
1,184
540 N MAY Street #3116, Mesa, AZ
0.12
Apartment
$187,000
11/07/25
2
1
855
540 N MAY Street #2109, Mesa, AZ
0.12
Apartment
$192,000
09/25/25
2
1
855
540 N MAY Street #3108, Mesa, AZ
0.13
Apartment
$190,000
04/09/26
2
1
855
2402 E 5th St, Tempe, AZ
0.21
Apartment
$330,000
10/27/25
2
3
1,100
280 S Evergreen Rd, Tempe, AZ
0.20
Apartment
$355,000
04/16/26
2
3
1,100
2402 E 5th St, Tempe, AZ
0.21
Apartment
$345,000
06/01/26
2
3
1,105
2402 E 5th St, Tempe, AZ
0.21
Apartment
$360,000
04/20/26
2
3
1,100

Nearby homes

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Assigned Schools

These are the assigned schools for 2516 E 5th Pl.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Tempe

At least 1318 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 90 % Say there are sidewalks

  • 79 % Say parking is easy

  • 77 % Say car is needed

  • 70 % Say it's walkable to restaurants

  • 68 % Say streets are well-lit

  • 66 % Say there's holiday spirit

  • 64 % Say people would walk alone at night

  • 62 % Say yards are well-kept

  • 61 % Say it's walkable to grocery stores

  • 58 % Say it's quiet

  • 53 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 25 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jdimmel
    "Easy to get onto major freeways if you work downtown"
    0
    Flag
  • Cainiac
    "Tempe is a very large area. Even a zip code like 85281 can vary. I live in the ASU area near 1st and University. Walkable to Whole-foods and many restaurants. Tempe Beach is like an oasis. "
    0
    Flag
  • Karen Orton
    "Its walkable, nice park around the corner, houses are well maintained and there is no HOA. "
    0
    Flag
  • Louise Marin
    "Great walking areas. Dog play areas in the surrounding parks. Well lit areas for evening activities. "
    0
    Flag
  • Trulia User
    "You should Still be watching your kids outside even if if seems safe. Live in “nice” “gated and secured” apartments and still many crimes occur in a short amount of time. "
    0
    Flag
  • Patrice Trotter
    "I’ve lived in this area for 9 months, it’s been quiet and friendly. With easy access for parking and convenient access to laundry and well maintained facilities."
    0
    Flag
  • Rs70asn
    "Many families. Great parks and greenbelts. Friendly. Stores and restaurants nearby. Great schools nearby"
    1
    Flag
  • Thomas Burke
    "I live in this neighborhood, but you never see your neighbors and everyone in the backyard. All the walls are black wall walls. It’s not like back east where you see your neighbors and people sit on their front porches."
    0
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  • Thomas Burke
    "I really don’t know my neighbors. Everybody keeps themselves and I’ve lived here a year. There is nice places to walk I do feel safe in this neighborhood and everything we could want is within driving distance "
    0
    Flag
  • Emely Zambrano
    "Nice neighbors and it’s close to a lot of great restaurants and stores. Tempe is in the middle of everything. It’s a great location close enough to ASU but not close enough to be part of a college town. "
    0
    Flag
  • Rachel Belcher
    "The parks hold a lot art events that bring the neighborhood together. Very family/friendly oriented. "
    1
    Flag
  • Miguel L
    "Tempe is like dog heaven. Every corner you turn you’ll see someone walking their dog. There are also tons of waste bags located around the area I live in and at the lake. "
    0
    Flag
  • Destiny Garcia
    "Park events and church events they seem like fun haven’t been to one yet but the neighborhood seems kind"
    0
    Flag
  • Hfbbhb7s4b
    "Not that bad. Can take major roads or freeway to Phoenix downtown, or light rail. It’s possible to use public transportation to light rail, as well as to city hall, ASU, Tempe Marketplace. Commute is usually-22 minutes. "
    0
    Flag
  • Manuel Rodriguez
    "great parks and nice families. there is lovely houses near the neighborhood and lots of markets and stores and parks and water parks "
    0
    Flag
  • Alejandro Martinez
    "I live right next to Southern and it is one of the most congested streets in Tempe. it’s so noisy sometimes at night with cars revving their engines in the middle of the night for no reason whatsoever. "
    0
    Flag
  • Aj.martinez2000
    "Dog owners have access to a dog park as long as they have all forms and registrations completed and up to date. "
    0
    Flag
  • Julie
    "Dog park nearby and friendly folks at the park. Some unhoused people at the park at times but generally pleasant."
    0
    Flag
  • Nancy Benitez
    "All dog owners like about this area because theirs a trail to walk the dogs and all the apartments are dog friendly "
    0
    Flag
  • Trulia User
    "Yes most definitely but watch of rattlesnake during the summer months. But the community is kind and well organized "
    0
    Flag
  • Trulia User
    "great scenic views and a variety of trees, flora, and rock formations in a private neighborhood.love the outdoors and local restaurants and fresh produce markets."
    0
    Flag
  • Trulia User
    "Great community. A lot of friendly neighbors walking their dog. Never had an issue with someone’s dog."
    1
    Flag
  • Trulia User
    "People don't know how to control their dogs sometimes. There are a lot of people who get very upset seeing dogs being walked on 110+ degree pavement."
    0
    Flag
  • Trulia User
    "don't live here. but it's great when I visit. I live 10 minutes from my office never had an issue "
    0
    Flag
  • Trulia User
    "The Tempe Orbit comes through the neighborhood often but I just drive my personal car. There seems to be some bus stops nearby as well."
    1
    Flag
  • Trulia User
    "This neighborhood is safe and fairly quiet, downside would be number of rental homes. I have lived in the area 49 years."
    0
    Flag
  • Trulia User
    "I love the neighborhood for its safe walking trails. I can take a walk at any time of day or evening and it always feels safe. There are plenty of lights and always someone out walking their dogs. I love that it’s kid friendly and all the properties are well maintained. "
    0
    Flag
  • Trulia User
    "It’s close to the high school, you can hear the high school band on football game nights, it’s cute."
    0
    Flag
  • Trulia User
    "I use an electric car and occasionally the light rail to get to work and other places. but I do see public transportation all the time "
    0
    Flag
  • Trulia User
    "People speed down these streets even with the speed bumps and the curb parking makes visibility a challenge. "
    2
    Flag
  • Trulia User
    "this neighborhood has an amazing elementary school and community center..the community here is very quiet and nice "
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for several years and have never experienced any issues. Sure you have some bad seeds but that’s everywhere you go. But everyone is friendly and kids are out playing. "
    0
    Flag
  • Trulia User
    "A short pleasant trip with many interesting sights and places to shop and or visit. Including many Restaurants and the Tempe Library on the way"
    0
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  • Trulia User
    "I am very centralized to a lot of things including work. This location is perfect and I really couldn’t have asked for anything better"
    1
    Flag
  • Trulia User
    "We help each other. Raised our kids together. This neighborhood seems to understand it takes a village. and we have each other's backs in a crisis. it neighborhood is also culturally diverse. and our neighborhood has all afe ranges living it. We are near ASU and downtown Tempe, which is very charming. "
    0
    Flag
  • Nicole B.
    "Events in the park; movies, live music, food trucks, b2b events, dog runs and other parade or charity fundraisers "
    0
    Flag
  • Amymc.clubtattoo
    "No special events that I know of. I live in a nice, friendly, safe neighborhood that is very dog friendly. Lots of parks. Tempe is just a nice place to live. 😀"
    0
    Flag
  • Victorya V.
    "The events that are held at Kiwanis park , like movie night or the new water park. I have enjoyed living in Tempe"
    0
    Flag
  • Iceman8593
    "Great place for young people. Right by asu and Scottsdale makes for awesome living. Being young here makes you want to achieve more and flourish just by your surroundings. "
    0
    Flag
  • Kelly W.
    "I like all the festivals at Tempe Beach Park. I also enjoy that I can walk practically anywhere. Tempe does a great job at celebrating holidays."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

507 pet-friendly rentals in Tempe, AZ

Explore by feature - Garage

323 rentals with a garage in Tempe, AZ

Explore by feature - Air Conditioning

694 rentals with air conditioning in Tempe, AZ

Explore by feature - Pool

586 rentals with a pool in Tempe, AZ

Explore by feature - Washer/dryer

648 rentals with a washer/dryer in Tempe, AZ

Explore by feature - Outdoor Space

268 rentals with an outdoor space in Tempe, AZ

Homes for sale near 2516 E 5th Pl

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Off Market Homes Near 2516 E 5th Pl

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Frequently asked questions about 2516 E 5th Pl

  • What is 2516 E 5th Pl estimated to be worth?
    Trulia's estimated value for 2516 E 5th Pl in Tempe, AZ is $232,700.
  • What is the price history for 2516 E 5th Pl?
    2516 E 5th Pl in Tempe, AZ last sold for $115,000 in August 2016.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is up $5K from the prior month.
  • Does 2516 E 5th Pl have air conditioning?
    Yes, 2516 E 5th Pl in Tempe, AZ has air conditioning.
  • Does 2516 E 5th Pl have a pool?
    Yes, 2516 E 5th Pl in Tempe, AZ has a pool.