4622 S 7th Street #3, Phoenix, AZ 85040
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
4622 S 7th Street #3,Phoenix, AZ 85040
$399,000
- 0.44 Acres
- Lots / Land
- Active
Listed by: john p galaviz
Office: exp realty
MLS#:7042737
Source:ARMLS
Price summary
- Price:$399,000
About this home
Excellent development opportunity near the Valley Metro light rail B Line. This oversized 0.44-acre lot measures approximately 110 feet by 174 feet and is zoned R-5, one of Phoenix's higher-density multifamily residential zoning classifications. R-5 zoning may accommodate apartments, condominiums, townhomes, attached housing, or multiple residential units on a single property, subject to City of Phoenix approval, development standards, parking, setbacks, access, and site-plan requirements. The city's published zoning guidance identifies a base multifamily density of approximately 43.5 dwelling units per gross acre, with potential density bonuses available for qualifying developments. Utilities are already located on or adjacent to the property, including an electric pole at the northwest corner, a water meter at the sidewalk, and a capped sewer line near the tree and pedestrian gate, identified by a concrete block. The property is enclosed by a block fence and offers a compelling opportunity for a multifamily infill project, income-producing development, or custom residential concept in a transit-accessible location. Buyer to independently verify zoning, density, utilities, lot dimensions, development feasibility, and all information material to the buyer....
Contact an agent
Home facts
- Subdivision & Development:BAILIE SUB
- Listing ID #:7042737
- Updated:August 02, 2026 at 03:17 PM
Structure and exterior
- Lot area:0.44 Acres
Utilities
- Water:City Franchise
- Sewer:Sewer Available, Sewer in & Connected
Finances and disclosures
- Price:$399,000
- Tax amount:$621 (2025)
New listings near 4622 S 7th Street #3
- New
$770,000Active3 beds 3 baths2,987 sq. ft.521 E Mineral Road, Phoenix, AZ 85042
MLS# 7061525Listed by: HOMESMART - New
$390,000Active3 beds 2 baths1,560 sq. ft.3916 W Northern Avenue, Phoenix, AZ 85051
MLS# 7061532Listed by: HOMESMART - New
$195,000Active2 beds 2 baths1,152 sq. ft.6565 N 19th Avenue #27, Phoenix, AZ 85015
MLS# 7061492Listed by: MY HOME GROUP REAL ESTATE - New
$235,000Active2 beds 2 baths890 sq. ft.2228 N 52nd Street #241, Phoenix, AZ 85008
MLS# 7061498Listed by: EXP REALTY - New
$579,000Active3 beds 2 baths1,800 sq. ft.2506 E Casitas Del Rio Drive E, Phoenix, AZ 85024
MLS# 7061499Listed by: FATHOM REALTY ELITE - New
$1,049,000Active3 beds 5 baths3,188 sq. ft.2301 N 13th Street, Phoenix, AZ 85006
MLS# 7061447Listed by: HOMESMART - New
$335,000Active3 beds 2 baths1,406 sq. ft.810 E Colter Street #34, Phoenix, AZ 85014
MLS# 7061448Listed by: GOOD OAK REAL ESTATE - New
$515,969Active4 beds 3 baths2,929 sq. ft.9433 W Elm Street, Phoenix, AZ 85037
MLS# 7061454Listed by: HOME HUNTERS REALTY - New
$475,000Active2 beds 2 baths1,423 sq. ft.5350 E Deer Valley Drive #2400, Phoenix, AZ 85054
MLS# 7061469Listed by: FATHOM REALTY - New
$475,000Active3 beds 3 baths1,826 sq. ft.2121 W Sonoran Desert Drive #99, Phoenix, AZ 85085
MLS# 7061430Listed by: TOLL BROTHERS REAL ESTATE