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154 W 5th Street #227, 
Tempe, AZ 85281

$500,000

3

Beds

2

Baths

1,403

Sq Ft

Condo

Active

Listed by

Michael Kent

RE/MAX Fine Properties

480-792-9500

Last updated:

August 2, 2026, 03:18 PM

MLS#

7044303

Source:

ARMLS

About This Home

154 W 5th Street #227

Experience the best of Downtown Tempe living in this beautifully updated 3-bedroom, 2-bath condo in the highly desirable Hayden Square community. Freshly painted and move-in ready, this spacious 1,403 sq. ft. home offers an open layout, abundant natural light, a cozy fireplace, and a private balcony perfect for relaxing or entertaining. Just steps from Arizona State University, Mill Avenue, Tempe Town Lake, premier dining, shopping, nightlife, and the Valley Metro Light Rail, you'll enjoy unmatched walkability and convenience. Residents also have access to a community pool and well-maintained grounds. Whether you're seeking a primary residence, lock-and-leave lifestyle, or investment opportunity, this rare downtown gem puts everything Tempe has to offer right outside your door.

Home Facts

Condo

2 Baths

3 Bedrooms

Built in 1988

Subdivision & Development:

HAYDEN SQUARE CONDOMINIUM

Price Summary

500,000

$356 per Sq. Ft.

MLS #:

7044303

Last Updated:

August 2, 2026, 03:18 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,403 Sq. Ft.

Structure

Structure

Building Area:

1,403 Sq. Ft.

Year Built:

1988

Lot

Lot Size (Sq. Ft):

103

Finances & Disclosures

Finances

Price:

$500,000

Price per Sq. Ft:

$356 per Sq. Ft.

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All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.