405 W 7th Street, Tempe, AZ 85281
Property image
Property image
OFF MARKET

405 W 7th Street
Tempe, AZ 85281

Riverside
  • 3 Beds
  • 2 Baths
  • 1,348 sqft (on 0.26 acres)

$570,200

Trulia Estimate
as of Jul 13, 2026
Est. Refi. Payment $3,126/mo*

$570,200

Trulia Estimate
as of Jul 13, 2026
Est. Refi. Payment $3,126/mo*
3 Beds
2 Baths
1,348 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 405 W 7th Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This is a Rare Investment and special chance for a developer to buy a extra large lot. Opportunity for developing a 4 plex! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & University and all it has to offer! Great potential for many different uses. Two existing structures A garage with water and sewer ran to it. Plus a 1982 3 bedroom house.City of Tempe confirms plans for a 6 plex submit for approva! Over1/4 acre 11250 plus sq ft lot! This property is in an Opportunity Zone in Tempe. 2 Parcels/Lots: 124-33-045 and 124-33-044
405 W 7th Street, Tempe, AZ 85281 is a 3 bedroom, 2 bathroom, 1,348 sqft single-family home in Riverside, built in 1982. It last sold for $560,000 on Oct 31, 2023 (14% below the $650,000 asking price). It is currently off market. The Trulia Estimate is $570,200, with a rent estimate of $2,308/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 405 W 7th Street

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1348 Square Feet
Heating & Cooling
Heating: Electric,CeilingHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Above GroundHas a Spa
Gas & Electric
Electric: 220 Volts in KitchenHas Electric on Property
Windows, Doors, Floors & Walls
Window: Low Emissivity Windows, Double Pane Windows, Vinyl FrameFlooring: Carpet, Laminate, Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Floors: Carpet, Laminate, Tile

Exterior Features

Exterior Home Features
Roof: CompositionFencing: BlockNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 1Number of Covered Spaces: 3Open Parking Spaces: 8Has a CarportHas a GarageHas Open ParkingParking Spaces: 11Parking: Garage, Carport, Open
Pool
Pool: None
Frontage
Responsible for Road Maintenance: City Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 295

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Stucco, BlockNot Attached Property
Property Information
Parcel Number: 12433045Model Home Type: unk

Price & Status

Price
List Price: $650,000
Status Change & Dates
Off Market Date: Wed Nov 01 2023Possession Timing: By Agreement

Active Status

MLS Status: Closed

Location

Direction & Address
City: Tempe
School Information
Elementary School: Holdeman Elementary SchoolElementary School District: Tempe Elementary School DistrictJr High / Middle School: Geneva Epps Mosley Middle SchoolHigh School: Tempe High SchoolHigh School District: Tempe Union High School District

Building

Building Area
Building Area: 1348 Square Feet

Community

Community Features: Near Bus Stop

HOA

HOA Fee Includes: No FeesNo HOA

Lot Information

Lot Area: 0.26 acres

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 6491308

Additional Information

Near Bus Stop
Last check for updates: about 18 hours ago
Listed by Robert Bobber, (312) 961-9059
West USA Realty
Bought with: DiAna Martinez, (623) 451-4388, HomeSmart
Source: ARMLS, MLS#6491308
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 405 W 7th Street

DatePriceEventSource
10/31/2023$560,000Sold
ARMLS #6491308
09/16/2023$650,000PriceChange
ARMLS #6491308
08/06/2023$775,000PriceChange
ARMLS #6491308
04/28/2023$799,900PriceChange
ARMLS #6491308
03/06/2023$899,900PendingARMLS #6491308
11/19/2022$899,900Listed For SaleARMLS #6491308

Market trends in Tempe

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

Year2025
Tax$131
Assessment$22,700
Home facts updated by county records

Comparable Sales for 405 W 7th Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.41
Single-Family Home
$470,000
12/11/25
3
2
1,264
0.41
Single-Family Home
$785,000
10/27/25
3
2
1,890
0.27
Single-Family Home
$450,000
11/10/25
3
1.5
672
0.63
Single-Family Home
$485,000
01/15/26
3
2
1,425
0.76
Single-Family Home
$540,000
05/21/26
3
1.5
1,245
0.57
Single-Family Home
$455,000
04/15/26
3
2
1,120
0.47
Single-Family Home
$301,914
04/24/26
3
2
1,210
0.41
Single-Family Home
$340,000
05/27/26
3
1.5
1,008
0.72
Single-Family Home
$525,000
04/01/26
3
2
1,414

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Assigned Schools

These are the assigned schools for 405 W 7th Street.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Riverside

  • 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"
  • Trulia User
    "Students live around the neighborhood and there is a nice park with spaces for playing soccer, baseball, basketball and tennis"
  • Wilby
    "Riverside has access to everything as you a couple minutes from Mill Ave. The 10 freeway is also close as well as Sky Harbor airport. Everything you probably need is within a 15 minute drive if that. "
  • Alishakayevaughn
    "I would say there is plenty area to walk the dogs. wouldn't like the fact that people don't clean up after their dogs "
  • Daphney H.
    "there is a local community center, people of sorts walk through the neighborhood we have sketchy neighbors "
  • Samantha Spillers
    "Drive my car to work and use the light rail usually when we are going to downtown Phoenix or other areas. "
  • Parya S.
    "It’s a college city. Mostly young people live here. It’s close to almost everything. It’s close to ASU"
  • George L.
    "One can walk to any number of restaurants, bars, or coffee shops and the light rail is close enough to walk to (or ride a bike). Based on the level of development the amount of urban living activities will continue to increase over the next several years."
  • George L.
    "This is an area that is changing and becoming more urban friendly. As someone else noted, a nice mix of transportation options with the local free bus Orbit, along with the light rail, within walking distance, and the bike paths are well laid out and the walkability score is quite high (my house is 77) and should continue to improve. Right now they are finishing up West 6th, the two large towers off of Mill, and that should provide some additional retail (probably to include at least a small grocery store) and a low income seniors community is being built right now, that should have 56 residencies, is being built right now in the Farmer's Arts district between 5th and 6th St and between the train tracks and Wilson Ave, which will improve the diverse mix of the community. Finally, there are so many things to do in this area, from events at Gammage and play houses on ASU to cultural events at Tempe Center for the Arts and regular events at Tempe Town Lake and annual street fairs on Mill Avenue. As someone else noted, the area also has quite a selection of restaurants to choose from ranging from extremely affordable and casual (e.g. Casey Moore's) to fairly high end and upscale (e.g. Cafe Boa). For those who like to be able to walk out there door and have a variety of options to choose from in the immediate area, a nice place to live. Even my parents, who have retired and want to move to Phoenix, have fallen in love with this area and want to find a place in the surrounding community. By the way, not a Realtor, I actually moved out here so I could catch the light rail to work and now my favorite part of the area, being able to take walks by Tempe Town Lake, great exercise and a wonderful view, and it is only, as far as I can tell, going to get better."
  • Ron M.
    "This area has changed over the last 5 years ( been here since 1998 ). Used to be very low key except during holidays. Many smaller single family homes and low density apartment buildings. Now there are several townhouse complexes within less than a mile of each other. Very bike and pedestrian friendly, just watch out for trust fund kids driving their Beemers in excess of posted speed limits and ignoring stop signs. The noise level is MUCH higher. Still see many of the same faces but due to a high number of renters, there is a constant state of flux. There is a bleed off from Mill Ave. on the weekends and during special events, so expect some craziness. Shopping is a drawback. The closest supermarket is over a mile away. You will become very familiar with Tempe Marketplace. Drug stores, convenience stores more plentiful. Mill Ave. has restaurants and bars in walking distance, where you may pay top dollar and perhaps wait on line. The presence of ASU permeates the area - many students, undergrad and graduate. More of an ethnic mix now, than ten years ago. Public transport is optimal - you can ride the blue Orbit buses, catch the regular Metro buses, or get on the nearby Light Rail. Traffic control during events has improved dramatically over the last five years. Although crimes are sometimes reported, the area is patrolled more frequently. If you leave your bike outside unlocked, it will disappear quickly. Some streets look a little deserted late at night so I would say use common sense. Despite appearances, this is not Winesburg, Ohio. "

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Off Market Homes Near 405 W 7th Street

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