Now offered at $900,000 (previously $1,100,000), this 2.68-acre parcel presents a compelling infill opportunity in a rapidly evolving South Phoenix corridor near South Mountain Park. Zoned R-3 with strong potential for multifamily use (buyer to verify density; conceptually ~45 units), and possible upside through rezoning to R-4 for increased… Read More density. Dual access from both 2nd Street and 3rd Street enhances site planning, circulation, and potential unit layout efficiency. Flat, usable acreage with existing improvements including a 3BD/2BA residence and a separate 1BD/1BA structure. Improvements require renovation. Additional features include a workshop, covered pavilion, and open land suitable for staging or phased use. Strategically located just two blocks from light rail with... convenient access to I-10 freeway, Loop 202, and Phoenix Sky Harbor International Airport, supporting strong connectivity for future residential demand. Surrounded by ongoing residential growth and positioned within a transit-accessible corridor, this site offers long-term upside for developers, builders, or land investors seeking scale in an infill location. Ideal for multifamily, build-to-rent, or land hold strategies. Buyer to verify zoning, density, utilities, and all material facts. Sold as-is. Read Less
Courtesy of Prestige Realty, Teo Cupes, 602-944-2100.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Square Ft.
1,524
Lot Size
2.68 Acres
Year Built
1966
MLS Number
7017086
30 Days Snapshot Of 85042
$437k
-13%
(avg) sold price
27
-40%
homes sold
132
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1966, Architectural style: "Ranch", Living area: 1524, Construction materials: "Wood Frame", Other structures: "Workshop", "Shed(s)", "Barn(s)", "Separate Guest House"
