This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenixs 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.
Listed By
Agency Name: R.O.I. Properties
Agency Phone: 602-319-1326
Shown By
Agent Name: Gerald Lang
Agent Phone: (480) 510-2408
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 3,315.29 per month $2,781.96 Principal & Interest $168.75 Property Tax $364.58 Homeowner's Insurance
1624 E Portland Street, Unit - | MLS# 7022190
This land located at 1624 E Portland Street, Unit -, Phoenix, AZ 85006 is currently listed for sale with an asking price of $1,250,000. The property has approximately 1.34 Acres. E Portland Street, Unit - is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.bestofarizonarealestate.com today.