Phoenix, AZ 85040,4202 S 3RD Street #5
Phoenix, AZ 85040,4202 S 3RD Street #5
Phoenix, AZ 85040,4202 S 3RD Street #5
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$639,000
Est. payment /mo
1.06 Acres Lot
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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

Exterior

Private Pool No

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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Arizona Regional MLS (ARMLS)
Listed by United Southwest Realty

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agent

James Lessa Group

+1(480) 526-9471

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4202 S 3RD Street #5