1624 E Portland Street #-, Phoenix, AZ 85006
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$ 1,250,000
Est. payment | /mo

1.34 Acres Lot


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$ 1,250,000
Est. payment | /mo
Save

1.34 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7022190

HOA Y/N No

Annual Tax Amount $2,025

Tax Year 3830

Lot Size 1.343 Acres

Acres 1.34

Lot Dimensions 224.88'' width x 331.30' depth

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle -- as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses -- including self-storage, specialty or high-end vehicle storage, and other commercial concepts -- for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developer ready to move.

Location

State AZ

County Maricopa

Area Maricopa

Zoning C-2

Direction Head west on I-10 W then Turn left at the 1st cross street onto E Portland St

Interior

Flooring Flooring

Exterior

Fence See Remarks

Private Pool No

Building

Sewer Other

Water See Remarks

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-15-096-B

Acceptable Financing Other (See Rmks)

Horse Property N

Disclosures Other (See Rmks)

Listing Terms Other (See Rmks)

Arizona Regional MLS (ARMLS)
Listed by R.O.I. Properties • Beth Jo Zeitzer

Nearby Locations

Tony Vejar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(602) 361-5867

tony@luxuryazliving.com

16165 N 83rd Ave, Ste 200, Glendale, AZ, 85308, USA

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1624 E Portland Street #-