$160,000
UNDER CONTRACT $40K PRICE DROP

1601 W Mcdowell Rd Unit 1 Phoenix, AZ 85007

North Encanto Neighborhood

Estimated payment $1,025/month

Total Views 1,609
0.17 Acre
$941,176 Price per Acre
7,507 Sq Ft Lot

About This Lot

Investors/Builders Dream! Multi-family zoned land offering significant development potential due to its proximity to downtown and the Roosevelt Row Arts District. This zoning supports high-density residential development, including larger apartment complexes and mixed-use developments. Ideally, this lot is to be sold with 1605 & 1609 W McDowell Rd, to create the ultimate investors dream to build 3 multi-family units right next to each other! Seller willing to put an attractive deal together to the buyer who purchases all 3 lots. These lots are also listed for lease.

Listing Agent

Erica Romain

SERHANT. License #SA699007000 Listed on: 05/29/2025

SERHANT.

Co-Listing Agent

Tanya Toliver

SERHANT. License #BR680323000

Property Details

Property Type

  • Land

Lot Details

  • 7,507 Sq Ft Lot
  • Property is zoned R-5

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111-18-132

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: Mcdowell Rd & 16th Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2024
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: serh002
  • Co List Office Phone: 623-680-6022
  • Water Source City Franchise2: Yes
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Multi-Family, Commercial, Industrial

Exterior Features

  • Disclosures: 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: Rectangular
  • Lot Size Sq Ft: 7507.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 111-18-132

Tax Info

  • Tax Book Number: 111.00
  • Tax Lot: 1
  • Tax Map Number: 18.00

Map

Range of Values:

Collateral Analytics

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $160,000 -5.9% --
07/23/2025 07/23/25 Price Changed $170,000 -10.5% --
07/21/2025 07/21/25 Price Changed $190,000 +3700.0% --
05/29/2025 05/29/25 For Sale $5,000 -97.5% --
05/29/2025 05/29/25 For Sale $200,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6872475

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85007 North Encanto

1601 W Mcdowell Rd Unit 1, Phoenix, AZ

This home is located at 1601 W Mcdowell Rd Unit 1, Phoenix, AZ 85007 and is currently priced at $160,000. 1601 W Mcdowell Rd Unit 1 is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Listing Agent
Erica Romain
Section Image
SERHANT.
(623) 244-6706