602 W 5th St
Tempe, AZ 85281
Riverside- 1,512 sqft
1,512 sqft
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Year Built
1925
Living Area
1,512 sqft
About this House
In a neighborhood ripe with redevelopment, this lot is located less than .5 miles from the center of Mill Ave. Perfect for the investor looking to build a long-term rental blocks from ASU or for the investor looking to hold and redevelop in the future. Lot has an existing structure on the property that is most likely a tear-down. Fence surrounding existing structure. Please contact listing agent for showing availability. Also listed in Residential, MLS #5079400
Home Details for 602 W 5th St
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Heating & Cooling Heating: WallCooling System: EvaporativeHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 6 |
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Exterior Home Features Roof: OtherExterior: Wood |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: Lot LandArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 7405 sqft |
Price History for 602 W 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/09/2014 | $160,000 | ListingRemoved | Agent Provided |
| 03/20/2014 | $160,000 | Pending | Agent Provided |
| 03/05/2014 | $160,000 | Listed For Sale | Agent Provided |
| 10/25/2013 | $140,000 | ListingRemoved | Agent Provided |
| 05/03/2013 | $140,000 | Listed For Sale | Agent Provided |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2022 |
|---|---|
| Tax | $1,364 |
| Assessment | $275,600 |
Home facts updated by county records
Comparable Sales for 602 W 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Lot/Land | $1,070,000 | 10/10/25 | - | 2,030 | ||
0.72 | Lot/Land | $352,500 | 04/22/26 | - | - | ||
0.75 | Lot/Land | $342,500 | 08/11/25 | - | - | ||
1.89 | Lot/Land | $200,000 | 03/24/26 | - | 581 | ||
1.47 | Lot/Land | $14,500 | 05/04/26 | - | - | ||
2.03 | Lot/Land | $5,561,741 | 07/29/25 | - | - | ||
2.65 | Lot/Land | $100,000 | 07/09/26 | - | - | ||
3.05 | Lot/Land | $195,000 | 06/22/26 | - | - | ||
3.44 | Lot/Land | $150,000 | 02/02/26 | - | - | ||
4.64 | Lot/Land | $135,000 | 10/20/25 | 1 | 1,231 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 602 W 5th St.
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