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

$507,200

Trulia Estimate
as of Sep 14, 2026
  • 1 Bed
  • 1 Bath
  • 900 sqft

512 W 5th St, Tempe, AZ 85281

Riverside

Home Highlights

Single-Family Home
900 sqft
$564/sqft

Local Information

  • Map ViewExplore the area around 512 W 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Duplex, 1 bedroom loft type unit. Bedroom/Bath downstairs, large living space upstairs. Deck, walking distance to downtown Mill Ave, light rail and ASU. Resident pays gas and electric. Water included. A diamond in the rough.

Owner pays for water. Resident responsible for gas and electric. No pets allowed. Minimum credit score of 650.
512 W 5th St, Tempe, AZ 85281 is a 1 bedroom, 1 bathroom, 900 sqft single-family home in Riverside. More recently, it was listed as a rental in July 2024 with an asking price of $1,475 per month. That rental listing was removed on July 17, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $507,200, with a rent estimate of $1,509/month.

Home Details for 512 W 5th St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Heating & Cooling
Air ConditioningCooling System: Central Air

Comparable Sales for 512 W 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
517 W BROWN Street, Tempe, AZ
0.03
Single-Family Home
$450,000
11/10/25
3
1.5
672 sqft
430 S ROBERT Road, Tempe, AZ
0.50
Single-Family Home
$369,000
03/27/26
3
1
1,076 sqft
318 S TERRY Circle, Tempe, AZ
0.56
Single-Family Home
$399,999
08/05/26
3
1
912 sqft
720 W 12TH Street, Tempe, AZ
0.68
Single-Family Home
$335,000
06/10/26
2
1
858 sqft
1117 S ASH Avenue, Tempe, AZ
0.67
Single-Family Home
$420,000
06/22/26
2
1
1,055 sqft
917 S Roosevelt St, Tempe, AZ
0.40
Single-Family Home
$377,000
04/22/26
1
1,008 sqft
820 W University Dr #19, Tempe, AZ
0.35
Single-Family Home
$305,001
03/24/26
3
2.5
1,198 sqft
603 S WILSON Street, Tempe, AZ
0.12
Single-Family Home
$850,000
06/22/26
3
3.5
2,181 sqft
924 S Wilson St, Tempe, AZ
0.42
Single-Family Home
$397,500
12/31/25
1
1,008 sqft
512 W BROWN Street, Tempe, AZ
0.05
Single-Family Home
$550,000
12/24/25
4
4.5
2,364 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Rental Market Trends in Riverside

Last updated Sep 2026
Trulia Rent Estimate$1,509/mo
Average rent
$1.5K
$50MoM
Available listings
59
View rental market trends in Tempe, AZ

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

Price and Tax history

DateEventPrice
Jul 17, 2024
Source: Zillow Rentals
ListingRemoved
Jul 1, 2024
Source: Zillow Rentals
Listed For Rent
$1,475
Sep 3, 2022
Source: Zillow Rental Manager
ListingRemoved
Aug 20, 2022
Source: Zillow Rental Manager
PriceChange
$1,350
Price decreased by 5%
Aug 12, 2022
Source: Zillow Rental Manager
Listed For Rent
$1,425

Frequently asked questions about 512 W 5th St

  • What is 512 W 5th St estimated to be worth?
    Trulia's estimated value for 512 W 5th St in Tempe, AZ is $507,200.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $461K. That is down $1.5K from the prior month.
  • What are the closest schools to 512 W 5th St?
    The closest schools to 512 W 5th St 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 512 W 5th St have air conditioning?
    Yes, 512 W 5th St in Tempe, AZ has air conditioning.

Homes for rent near 512 W 5th St

Skip to last item
Skip to first item

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
Skip to last item
  • Results are loading
Skip to first item