Viewing Listing MLS# 7048471
$600,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85009
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1931Year Built
- 0.00Acres
- 95 yearsEst Age
- MLS# 7048471
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market29 days
- AreaN/A
- CountyMaricopa
- Subdivision Capitol Blk 43, 44, 35-38, 29, 30
Overview
Exceptional value-add opportunity in the heart of Phoenix. Situated on an expansive 14,000 SF lot, this 5-unit multifamily property offers tremendous potential for investors, developers, and owner-operators seeking their next repositioning project. The property requires substantial renovation, creating a true blank canvas for value-add improvements, redevelopment, or adaptive reuse potential. Whether your strategy is long-term hold, multifamily investment, workforce housing, or reimagining the site for its highest and best use, this asset offers exceptional flexibility. Ideally located just minutes from Downtown Phoenix and the Arizona State Capitol, with convenient access to I-10, I-17, Sky Harbor International Airport, the Phoenix Bioscience Core, ASU`s Downtown Campus, and the city`s major sports and entertainment venues. Positioned within an evolving urban corridor experiencing continued public and private investment, this rare large-lot property combines location, density, and long-term upside. Investment opportunities with this combination of size, proximity to the urban core, and repositioning potential are becoming increasingly difficult to find. Bring your vision and unlock the possibilities.
Agriculture / Farm
Horse: No
Association Fees / Info
Community Features: No Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Painted, Stucco
Roof: Composition
Exterior Features
Pool Private: No
Financial
Owner Pays: Electricity,Trash Collection,Water,Sewer
Garage / Parking
Parking Features: 1 Space/Unit
Garage: No
Attached Garage: No
Interior Features
Flooring: Ceramic Tile, Vinyl
Appliances: None
Fireplace: No
Lot Info
Lot Size: 14,000
Number of Buildings: 4
Other School Info
Property Info
Road Surface Type: Gravel
Zoning: R-3
Property Attached: No
Tax Info
Tax Legal Description: LOT 5 BLOCK 43 CAPITOL BLK 43, 44, 35-38, 29, 30 MCR 000213
Tax Amount Annual: 1299
Unit Info
Total Units: 5
Utilities / Hvac
Water Source: City Franchise
Electric: APS
Cooling: No
Cool System: None
Heating: None
Heating: No
Sewer: Public Sewer
Waterfront / Water
Water Front: No
Directions
West on Washington to property on south side of street.
Listings courtesy of Serhant.
MLS# 7055439 
