423 S Mitchell Dr, Tempe, AZ 85281
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Property image
OFF MARKET

423 S Mitchell Dr
Tempe, AZ 85281

Riverside
  • 8 Beds
  • 5 Baths
  • 3,200 sqft

$847,200

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $4,724/mo*
Refinance Your Home

$847,200

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $4,724/mo*
Refinance Your Home
8 Beds
5 Baths
3,200 sqft

Home Value

Trulia Estimate
$847K
Since last month
Decreased$19K (-2.2%)
Since last year
Decreased$20K (-2.3%)
Since last sale
Increased$639K (+304.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +178% in the last 10 years
MonthEstimated value
2026
August 2026$849K
July 2026$845K
June 2026$868K
May 2026$855K
April 2026$857K
March 2026$856K
February 2026$864K
January 2026$849K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
105 S HARDY Drive, Tempe, AZ
0.31
Multi-Family Home
$675,000
03/23/26
4
4
1,928
1321 W 5th Street, Tempe, AZ
0.69
Multi-Family Home
$827,000
09/19/25
8
4
2,800
425 - 427 W 5TH Street W, Tempe, AZ
0.15
Multi-Family Home
$1,300,000
08/12/26
3
3
4,400
508 S FARMER Avenue, Tempe, AZ
0.22
Multi-Family Home
$1,400,000
05/28/26
8
1
4,400
1301 W 3RD Street, Tempe, AZ
0.63
Multi-Family Home
$800,000
09/30/25
6
2
2,800
538 W 13TH Street #A, Tempe, AZ
0.75
Multi-Family Home
$650,000
02/23/26
5
3
2,106
1558 W 5TH Street, Tempe, AZ
0.97
Multi-Family Home
$915,000
11/21/25
6
6
3,602
1218 S FARMER Avenue, Tempe, AZ
0.74
Multi-Family Home
$1,610,000
07/03/26
7
8
6,250
626 S Wilson Street, Tempe, AZ
0.20
Multi-Family Home
$2,375,000
04/21/26
14
12
7,340
401 W 5th St, Tempe, AZ
0.21
Multi-Family Home
$700,000
06/01/26
-
2,148

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
425 S ROOSEVELT Street, Tempe, AZ 85281
0.06
$443,300
2
3
1,437
Off Market
435 S ROOSEVELT Street, Tempe, AZ 85281
0.06
$474,200
2
3
1,478
Off Market
517 W BROWN Street, Tempe, AZ 85281
0.09
$450,000
3
1.5
672
Recently Sold
323 S ROOSEVELT Street #1001, Tempe, AZ 85281
0.11
$2,400,000
12
16
-
Recently Sold
516 W BROWN Street, Tempe, AZ 85281
0.10
$425,000
5
5
2,318
Recently Sold
520 S ROOSEVELT Street #1001, Tempe, AZ 85281
0.08
$526,500
2
2.5
1,461
Recently Sold
581 S ROOSEVELT Street, Tempe, AZ 85281
0.09
$445,000
2
2.5
1,220
Recently Sold
520 S ROOSEVELT Street #1009, Tempe, AZ 85281
0.09
$476,900
2
3
1,483
Off Market
577 S ROOSEVELT Street, Tempe, AZ 85281
0.09
$350,000
1
2
920
Recently Sold
600 W 3RD Street, Tempe, AZ 85281
0.13
$766,500
4
3
2,013
Off Market
570 W 6TH Street, Tempe, AZ 85281
0.11
$459,000
2
2.5
1,536
For Sale
589 S ROOSEVELT Street, Tempe, AZ 85281
0.10
$525,600
2
2.5
1,540
Off Market

Local Information

  • Map ViewExplore the area around 423 S Mitchell Dr.
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Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1972
Living Area
3,200 sqft
Price/Sqft
$265

About this House

4-plex consisting of 1 One bedroom/one bath unit; 2 two bedroom/one bath units and 1 two bedroom/Two bath unit.
423 S Mitchell Dr, Tempe, AZ 85281 is a 8 bedroom, 5 bathroom, 3,200 sqft multi-family in Riverside, built in 1972. It last sold for $210,000 on Jun 11, 2004. More recently, it was listed as a rental in February 2015 with an asking price of $595 per month. That rental listing was removed on March 30, 2015. It is currently off market. The Trulia Estimate is $847,200, with a rent estimate of $2,116/month.

Home Details for 423 S Mitchell Dr

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: Built UpExterior: Cement Concrete
Parking & Garage
Parking Spaces: 6Parking: Off Street

Property Information

Year Built
Year Built: 1972Year Updated: 1972
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Lot Information

Lot Area: 7227 sqft

Price and Tax history

DateEventPrice
Mar 30, 2015
Source: Agent Provided
ListingRemoved
$595
Feb 13, 2015
Source: Agent Provided
Listed For Rent
$595
Aug 29, 2014
Source: Agent Provided
ListingRemoved
$575
Aug 17, 2014
Source: Agent Provided
Listed For Rent
$575
Aug 14, 2013
Source: Agent Provided
ListingRemoved
$550

Market trends in Tempe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM
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Around this home

Neighborhood Overview

Riverside
See Local Highlights
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"
    1
    Flag
  • Trulia User
    "Students live around the neighborhood and there is a nice park with spaces for playing soccer, baseball, basketball and tennis"
    0
    Flag
  • 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. "
    0
    Flag
  • 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 "
    0
    Flag
  • Daphney H.
    "there is a local community center, people of sorts walk through the neighborhood we have sketchy neighbors "
    0
    Flag
  • Samantha Spillers
    "Drive my car to work and use the light rail usually when we are going to downtown Phoenix or other areas. "
    0
    Flag
  • Parya S.
    "It’s a college city. Mostly young people live here. It’s close to almost everything. It’s close to ASU"
    5
    Flag
  • 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."
    3
    Flag
  • 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."
    3
    Flag
  • 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. "
    3
    Flag

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Homes for sale near 423 S Mitchell Dr

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Off Market Homes Near 423 S Mitchell Dr

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Frequently asked questions about 423 S Mitchell Dr

  • What is 423 S Mitchell Dr estimated to be worth?
    Trulia's estimated value for 423 S Mitchell Dr in Tempe, AZ is $847,200.
  • What is the price history for 423 S Mitchell Dr?
    423 S Mitchell Dr in Tempe, AZ last sold for $210,000 in June 2004.
  • 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 down $1.67K from the prior month.
  • Does 423 S Mitchell Dr have air conditioning?
    Yes, 423 S Mitchell Dr in Tempe, AZ has air conditioning.
  • Does 423 S Mitchell Dr have parking?
    Yes, 423 S Mitchell Dr in Tempe, AZ has on-site parking.