1624 E Portland Street Unit -, Phoenix, AZ 85006
- $1,250,000
- List Price
- $1,250,000
- Days on Market
- 132
- Status
- ACTIVE
- MLS#
- 7022190
- City
- Phoenix
- Lot Size
- 58,492
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.
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Additional Information
- Acres
- 1.34
- Fencing
- See Remarks
- Lot Size
- 58,492
- New Financing
- Other (See Rmks)
- Sewer
- Other
- Taxes
- $2,025
- Tax Year
- 3830
- Water
- See Remarks
- Zoning
- C-2
Courtesy of R.O.I. Properties. 602-319-1326
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