506 W 5th St #Duplex, Tempe, AZ 85281
Property image
Property image
OFF MARKET
  • Studio
  • 1 Bath
  • 550 sqft

506 W 5th St #Duplex, Tempe, AZ 85281

Riverside

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
700 W UNIVERSITY Drive #253, Tempe, AZ
0.27
Apartment
$155,500
03/02/26
1
1
595
154 W 5TH Street #137, Tempe, AZ
0.25
Apartment
$262,000
07/01/26
1
1
666
154 W 5TH Street #105, Tempe, AZ
0.27
Apartment
$255,000
04/07/26
1
1
666
700 W UNIVERSITY Drive #A206, Tempe, AZ
0.27
Apartment
$240,000
10/16/25
2
1
840
420 W 1ST Street #217, Tempe, AZ
0.27
Apartment
$380,000
09/01/26
2
2
1,055
435 W RIO SALADO Parkway #208, Tempe, AZ
0.31
Apartment
$435,000
08/04/26
2
2
1,082
435 W RIO SALADO Parkway #111, Tempe, AZ
0.31
Apartment
$425,000
06/08/26
2
2
1,180
616 S HARDY Drive #116, Tempe, AZ
0.44
Apartment
$215,000
06/09/26
2
2
779
616 S HARDY Drive #224, Tempe, AZ
0.47
Apartment
$320,000
12/01/25
2
2
779
616 S HARDY Drive #225, Tempe, AZ
0.48
Apartment
$275,000
08/31/26
2
2
779

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
0.04
$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
0.07
$732,200
3
4
2,365
Off Market
390 S FARMER Avenue, Tempe, AZ 85281
0.07
$764,700
3
4
2,529
Off Market
516 W BROWN Street, Tempe, AZ 85281
0.06
$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
0.08
$1,042,900
3
4
2,365
Off Market
378 S FARMER Avenue, Tempe, AZ 85281
0.08
$1,030,600
3
4
2,295
Off Market
425 S ROOSEVELT Street, Tempe, AZ 85281
0.06
$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 506 W 5th St #Duplex.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Apartment
Built in 1950
550 sqft

About this House

550 Studio/Loft
Old Style charm
Close to everything
Light Rail
ASU
Tiled
AC
Free Bus LIne

Owner pays water and trash/ resident responsible for gas and electric.
Minimum credit score of 650. Perfect for a person without a vehicle.
Just a friendly reminder, this is a no pet property.
506 W 5th St #Duplex, Tempe, AZ 85281 is a studio, 1 bathroom, 550 sqft apartment in Riverside, built in 1950. More recently, it was listed as a rental in July 2017 with an asking price of $650 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 rent is $1,104/month.

Home Details for 506 W 5th St #Duplex

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Apartment

Interior Features

Interior Details
Types of Rooms: Master Bath
Appliances & Utilities
Refrigerator
Heating & Cooling
Air ConditioningCooling System: Central
Levels, Entrance, & Accessibility
Floors: Tile

Exterior Features

Parking & Garage
Parking: Off Street

Price and Tax history

DateEventPrice
Mar 24, 2021
Source: N/A
ListingRemoved
Aug 5, 2017
Source: N/A
ListingRemoved
$650
Jul 29, 2017
Source: N/A
Listed For Rent
$650
Jun 27, 2017
Source: N/A
ListingRemoved
$650
May 30, 2017
Source: N/A
Listed For Rent
$650

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 506 W 5th St #Duplex

  • 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.
  • What are the closest schools to 506 W 5th St #Duplex?
    The closest schools to 506 W 5th St #Duplex in Tempe, AZ are Geneva Epps Mosley Middle School (rated 2/10), Scales Technology Academy (Pre-K/Elementary, rated 4/10), Tempe High School (rated 5/10).
  • Does 506 W 5th St #Duplex have air conditioning?
    Yes, 506 W 5th St #Duplex in Tempe, AZ has air conditioning.
  • Does 506 W 5th St #Duplex have parking?
    Yes, 506 W 5th St #Duplex in Tempe, AZ has on-site parking.

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