4202 S 3RD Street #5, Phoenix, AZ 85040 - MLS#6883246 - Ryan Ney

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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$639,000

Est. payment - /mo

1.06 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Bowles Sub

MLS Listing ID 6883246

HOA Y/N No

Annual Tax Amount $2,815

Tax Year 2024

Lot Size 1.061 Acres

Acres 1.06

Lot Dimensions IRR

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Located in an OPPORTUNITY ZONE!
Zoned R-4 Multi-Family — Build up to 35 Units!
By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail.
Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St!
Ideal for build-to-rent or pad-split models.
Pad-Split or BTR model = Maximum ROI
Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!)
Minutes from Sky Harbor, downtown, and freeways
Maricopa Assessor Parcel # 113-13-011
This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market.
Serious buyers only — priced to move.
Multi-family gems like this don't last.
Zoned. Positioned. Priced right. In Opportunity Zone. Let's build!

Location

State AZ

County Maricopa

Community Bowles Sub

Zoning R4

Direction Central Ave & Broadway Rd

Building

Sewer Sewer - Available

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 113-13-011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by United Southwest Realty

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader | SASA548713000

Realtor® ~ Team Leader SASA548713000

Scottsdale Speciality Searches

4202 S 3RD Street #5 Phoenix, AZ 85040

Ryan Ney

Key Details

Location

Building

Schools

Others

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