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1321 W 5th St

1321 W 5th St, Tempe, AZ 85281

Property Summary

Fully Renovated 2BR Near ASU | In-Unit W/D, Carport | Furnished + Short-Term Available Just minutes to ASU and Mill Ave, this fully renovated 2BR offers in-unit washer/dryer, covered parking, and flexible leasing options including fully furnished, short-term, and corporate housing (premium applies). Completely renovated 2 bed / 1 bath (~700 SF) in a prime Tempe location just minutes from ASU, Mill Ave, and Loop 202. This unit has been fully updated with modern finishes and offers a clean, turnkey living experience. Interior Features -Brand new kitchen with quartz countertops -Modern shaker cabinets + stainless steel appliances -In-unit washer & dryer -Large-format tile flooring throughout -Updated bathroom with walk-in glass shower -New windows, lighting, and fixtures -Covered carport parking included Property Note This 4-plex is undergoing exterior improvements including new stucco, landscaping, and future private courtyards for each unit. Some construction activity may still be ongoing during early lease-up; pricing reflects this. -Standard 12-month lease (unfurnished) -Fully furnished & equipped option available (furniture, decor, kitchenware, linens, housewares) -Water/sewer/trash included (a $75/month value built into rent) -Tenant responsible for electric and internet on standard leases -Optional utility bundle available for furnished/short-term tenants (electric, water, trash, internet) -Short-term / corporate / temporary housing available for a premium -No smoking or vaping of any kind (including tobacco and marijuana) anywhere on the property; violations subject to fees and lease enforcement

Renter brief

At the source check, 1 unit were listed as available. That snapshot spanned 2-bedroom homes. The lowest listed rent in that snapshot was $1,600/mo.

Source · Zillow · checked Sep 23, 2026

The unit

Checked 14 hours ago

$1,600 /mo
2 bd · 1 ba · 700 ft² · Unit 2
Available Now

How the rent compares

This building, 2 bd$1,600
Within 3 mi median$1,564

Source · 1,832 active 2-bedroom units · Within 3 mi · 45-day window · computed Sep 24, 2026

Policies & Fees

Fees & Deposits
One-time fees
Security deposit$1,200

Source · Zillow · checked Sep 17, 2026

Location

What's Around

Property City

Tempe

AZ

Nearby Schools

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