1503 W Hadley St Unit 3 Phoenix, AZ 85007
Central City NeighborhoodEstimated payment $1,053/month
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
HomeSmart Brokerage Phone: 6025655072 License #SA695617000 Listed on: 07/25/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $15,000 | Unknown |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6897112

APN: 112-14-084
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