4202 S 3rd Street #5, Phoenix, AZ 85040

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
4202 S 3rd Street #5,Phoenix, AZ 85040
$639,000
  • 1.06 Acres
  • Lots / Land
  • Pending
Listed by: gregory p johnson
Office: united southwest realty
MLS#:6883246
Source:ARMLS

Price summary

  • Price:$639,000

About this home

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!

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Home facts

  • Listing ID #:6883246
  • Updated:December 17, 2025 at 12:14 PM

Structure and exterior

  • Lot area:1.06 Acres

Utilities

  • Water:City Franchise
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$639,000
  • Tax amount:$2,815
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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