$185,000
$20K PRICE INCREASE

1503 W Hadley St Unit 3 Phoenix, AZ 85007

Central City Neighborhood

Estimated payment $1,053/month

Total Views 1,986
0.15 Acre
$1,233,333 Price per Acre
6,426 Sq Ft Lot

About This Lot

Prime Multifamily Lot - Ready to Build in the Heart of Phoenix!Incredible opportunity to own a centrally located .15-acre lot in the city of Phoenix, zoned and ready for multifamily development. Permits have already been submitted, saving you time and moving you one step closer to breaking ground. This flat, buildable lot is ideal for investors or builders looking to develop in a high-demand area near downtown, major freeways, shopping, dining, and public transit. Whether you're looking to build a duplex, triplex, or more (subject to zoning), this location offers endless potential for rental income or resale. Don't miss this ready-to-go project in one of the fastest-growing cities in the country!

Listing Agent

Gryssell Garcia

HomeSmart Brokerage Phone: 6025655072 License #SA695617000 Listed on: 07/25/2025

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $367

Lot Details

  • 6,426 Sq Ft Lot
  • Property is zoned R-3

Community Details

  • No Home Owners Association
  • Steve Rayburn Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 112-14-084

Property Details

Property Type

Land

Est. Annual Taxes

$367

Lot Details

0

Listing Details

  • Cross Street: Grant & 15th Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-3
  • Tax Year: 2024
  • Attribution Contact: 6025655072
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt, Concrete, Sidewalk(s)
  • Subdivision Name: STEVE RAYBURN SUBDIVISION
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 50x129
  • Lot Size Sq Ft: 6426.0
  • Additional Parcels: No
  • Parcel #: 112-14-084

Tax Info

  • Tax Annual Amount: 367.18
  • Tax Book Number: 112.00
  • Tax Lot: 3
  • Tax Map Number: 14.00

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $367 $2,746 $2,746 --
2024 $364 $2,615 $2,615 --
2023 $364 $7,590 $7,590 $0
2022 $351 $4,725 $4,725 $0
2021 $348 $4,035 $4,035 $0
2020 $352 $3,525 $3,525 $0
2019 $352 $3,135 $3,135 $0
2018 $346 $2,235 $2,235 $0
2017 $338 $1,935 $1,935 $0
2016 $328 $1,770 $1,770 $0
2015 $340 $1,888 $1,888 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $185,000 +12.1% --
07/25/2025 07/25/25 For Sale $165,000 +17.9% --
11/26/2024 11/26/24 Sold $140,000 -18.4% --
11/18/2024 11/18/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $171,500 +24.7% --
08/10/2022 08/10/22 Sold $137,500 +1.9% --
07/16/2022 07/16/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $135,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Driggs Title Agency
Warranty Deed $137,500 Pioneer Title
Warranty Deed -- Pioneer Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6897112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-14-084