154 W 5TH Street 250, Tempe, AZ 85281 (MLS# 6987809)

154 W 5TH Street 250, Tempe, AZ 85281

$450,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,034 Lot Size (sq. ft.): 169,461 Status: Active

Current Price: $450,000 Last Modified: 2/21/2026

Description

High Demand Investor Opportunity at Hayden Square, steps from ASU's Tempe campus. This 2-bed, 2-bath condo offers a proven rental location in the heart of Downtown Tempe, ideal for steady student, faculty demand or corporate use. Bright open layout with vaulted ceilings, fireplace, stainless steel appliances, in-unit laundry, updated baths, and private patio. Easy walk to Mill Ave, light rail, and Tempe Town Lake which is an unbeatable leasing advantage. Community pool, BBQ area, and covered parking enhance tenant appeal. Strong rental record in a high-demand campus setting.

More Information MLS# 6987809

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $450,000 Status: Active Current Price: $450,000 List Date: 2026-02-20

Location, Tax & Legal

Unit #: 250 Assessor's Map #: 29 Legal Description (Abbrev): HAYDEN SQUARE CONDOMINIUM MCR 292-37 UNIT 0024 BL DG 000F TOG WI AN UNDIV 1/118 INT IN THE COMMON E Assessor's Parcel #: 270 Tax Municipality: Tempe Taxes: 2690 House Number: 154 Compass: W Street Name: 5TH St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 8274 County Code: Maricopa Assessor Number: 132-29-270 Subdivision: HAYDEN SQUARE CONDOMINIUM Tax Year: 2025

General Property Description

Dwelling Styles: Stacked # of Interior Levels: 2 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1034 Price/SqFt: 435.2 Approx Lot SqFt: 169461 Approx Lot Acres: 3.89 Horses: N Builder Name: Unknown Elementary School District: Tempe School District High School District: Tempe Union High School District Elementary School: Scales Technology Academy Jr. High School: Geneva Epps Mosley Middle School High School: Tempe High School Community Pool Y/N: Yes Private Pool Y/N: No Planned Comm Name: Hayden Square Fireplace YN: Yes Fireplaces Total: 1 Marketing Name: Hayden Square Dwelling Type: Townhouse Exterior Stories: 2 # Bedrooms: 2 Total Bathrooms: 2 Year Built: 1986

Legal Info

Range: 4E Section: 15 Township: 1N Lot Number: 24

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Metal: 1

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: No HOA Transfer Fee: 0 HOA Fee: 300 HOA Paid Frequency: Monthly HOA Name: Hayden Square HOA HOA Telephone: 602-437-4777 HOA Management Company: City Property Manage HOA Management Phone: 602-437-4777 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N Cap Improvement/Impact Fee: 0 Cap Improvement/Impact Fee $/%: $ Prepaid Association Fees HOA: 600 Disclosure Fees HOA: 400 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 300

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Other: 1 See Private Remarks: 1

Building Style

Clustered: 1

Master Bathroom

Full Bth Master Bdrm: 1

Flooring

Carpet: 1 Tile: 1

Community Features

Community Spa: 1 Near Bus Stop: 1 Near Light Rail Stop: 1 Transportation Svcs: 1

Dining Area

Dining in LR/GR: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Electric Oven: 1 Electric Range: 1 Refrigerator: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

Vaulted Ceiling(s): 1 Fire Sprinkler System: 1

Laundry

Washer Included: 1 Dryer Included: 1 Inside: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

None: 1

Water Source

City Water: 1

Community Pool Features

Outdoor: 1

Exterior Features

Balcony: 1

Spa

None: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 1 Garage Spaces: 1

Parking Features

Assigned Parking: 1 Permit/Decal Req'd: 1

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

None: 1

Unit Style

Two Levels: 1 Two Common Walls: 1

Contact Info

List Agent Home Phn: 480-797-8461

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

Exterior Mnt of Unit: 1 Roof Repair: 1 Roof Replacement: 1 Water: 1 Sewer: 1 Garbage Collection: 1 Front Yard Maint: 1

Assoc Rules/Info

Pets OK (See Rmrks): 1 Rental OK (See Rmks): 1 Prof Managed: 1

Remarks Misc

Cross Street: 5th St & Mill Av. Directions: West on 5th Street to complex on the right. Parking available West of complex. Geo Lat: 33.426662 Geo Lon: -111.942101

Property Features

Special Listing Cond: N/A Building Style: Clustered Master Bathroom: Full Bth Master Bdrm Flooring: Carpet; Tile Community Pool Features: Outdoor Spa: None Community Features: Community Spa; Near Bus Stop; Near Light Rail Stop; Transportation Svcs Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included; Inside Interior Features: Vaulted Ceiling(s); Fire Sprinkler System Exterior Features: Balcony Parking Features: Assigned Parking; Permit/Decal Req'd Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Metal Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Fencing: None Landscaping: None Lockbox Type: Other; See Private Remarks Possession: Close of Escrow Unit Style: Two Levels; Two Common Walls Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Water; Sewer; Garbage Collection; Front Yard Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail

Listing Office: Realty ONE Group

Last Updated: February - 21 - 2026

Broker Attribution: 480-797-8461