502 W 5th St, Tempe, AZ 85281
Property image
Property image
OFF MARKET

$467,300

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,273 sqft

502 W 5th St, Tempe, AZ 85281

Riverside
Est. Refi. Payment $2,662/mo*
Refinance Your Home
Currently Off Market - Sold Mar 11, 2008 for $225,000

Home Value

Trulia Estimate
$467K
Since last month
Decreased$1K (-0.3%)
Since last year
Decreased$12K (-2.5%)
Since last sale
Increased$242K (+107.7%)
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 +126% in the last 10 years
MonthEstimated value
2026
August 2026$467K
August 2026$467K
July 2026$469K
June 2026$478K
May 2026$480K
April 2026$477K
March 2026$475K
February 2026$470K
January 2026$461K
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
517 W BROWN Street, Tempe, AZ
0.05
Single-Family Home
$450,000
11/10/25
3
1.5
672
430 S ROBERT Road, Tempe, AZ
0.53
Single-Family Home
$369,000
03/27/26
3
1
1,076
618 W 12TH Street, Tempe, AZ
0.66
Single-Family Home
$301,914
04/24/26
3
2
1,210
815 W ELNA RAE Street, Tempe, AZ
0.54
Single-Family Home
$470,000
12/11/25
3
2
1,264
318 S TERRY Circle, Tempe, AZ
0.59
Single-Family Home
$399,999
08/05/26
3
1
912
1226 S ROOSEVELT Street, Tempe, AZ
0.74
Single-Family Home
$452,000
02/18/26
3
1
1,234
516 W BROWN Street, Tempe, AZ
0.07
Single-Family Home
$425,000
12/23/25
5
5
2,318
512 W BROWN Street, Tempe, AZ
0.06
Single-Family Home
$550,000
12/24/25
4
4.5
2,364
705 W 11th Street, Tempe, AZ
0.58
Single-Family Home
$340,000
05/27/26
3
1.5
1,008
1052 W ELNA RAE Street, Tempe, AZ
0.63
Single-Family Home
$455,000
04/15/26
3
2
1,120

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
517 W BROWN Street, Tempe, AZ 85281
0.05
$450,000
3
1.5
672
Recently Sold
512 W BROWN Street, Tempe, AZ 85281
0.06
$550,000
4
4.5
2,364
Recently Sold
398 S FARMER Avenue, Tempe, AZ 85281
0.06
$760,100
3
4
2,529
Off Market
394 S FARMER Avenue, Tempe, AZ 85281
0.06
$732,200
3
4
2,365
Off Market
390 S FARMER Avenue, Tempe, AZ 85281
0.06
$764,700
3
4
2,529
Off Market
516 W BROWN Street, Tempe, AZ 85281
0.07
$425,000
5
5
2,318
Recently Sold
386 S FARMER Avenue, Tempe, AZ 85281
0.07
$764,000
3
4
2,529
Off Market
425 - 427 W 5TH Street W, Tempe, AZ 85281
0.04
$1,300,000
3
3
4,400
Recently Sold
382 S FARMER Avenue, Tempe, AZ 85281
0.07
$1,042,900
3
4
2,365
Off Market
378 S FARMER Avenue, Tempe, AZ 85281
0.07
$1,030,600
3
4
2,295
Off Market
425 S ROOSEVELT Street, Tempe, AZ 85281
0.07
$443,800
2
3
1,437
Off Market
421 W 5TH Street, Tempe, AZ 85281
0.06
$795,000
3
1
1,000
For Sale

Local Information

  • Map ViewExplore the area around 502 W 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1956
1,273 sqft
$367/sqft

About this House

Nicely remodeled Downtown Tempe House. Granite countertops, Stainless appliances with lots of drawers and custom lighting. Freshly plastered and smooth walls.
It's 3 bedrooms and one is like an office off the living room. Asking $1500 month, but with only one bathroom.
Also, 3 or more undergraduates is not my first choice, so if that is your situation please include additional information about yourself for consideration.

650 Minimum credit score. Residents are responsible for gas, water, and electric.
502 W 5th St, Tempe, AZ 85281 is a 3 bedroom, 1 bathroom, 1,273 sqft single-family home in Riverside, built in 1956. It last sold for $225,000 on Mar 11, 2008. More recently, it was listed as a rental in July 2019 with an asking price of $1,500 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $467,300, with a rent estimate of $2,124/month.

Home Details for 502 W 5th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile
Interior Details
Number of Rooms: 5Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: StuccoLawnPatio
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6600 sqft

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Jul 12, 2019
Source: N/A
ListingRemoved
$1,500
Jul 5, 2019
Source: N/A
Listed For Rent
$1,500
Jul 18, 2018
Source: N/A
ListingRemoved
$1,500
Jul 1, 2018
Source: N/A
Listed For Rent
$1,500

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

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

LGBTQ Local Legal Protections

Frequently asked questions about 502 W 5th St

  • What is 502 W 5th St estimated to be worth?
    Trulia's estimated value for 502 W 5th St in Tempe, AZ is $467,300.
  • What is the price history for 502 W 5th St?
    502 W 5th St in Tempe, AZ last sold for $225,000 in March 2008.
  • 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 502 W 5th St have laundry facilities?
    Yes, 502 W 5th St in Tempe, AZ has in-unit laundry.
  • How big is the lot at 502 W 5th St?
    The lot at 502 W 5th St in Tempe, AZ is about 0.15 acres (6,600 sq ft).

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