2539 E Broadway Rd Unit 12 Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $1,166/month
Highlights
- No HOA
- Phoenix Coding Academy Rated A
- Level Lot
About This Lot
Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often. Parcels: 122-57-003-A & 112-57-005-A
Property Details
Property Type
- Land
Est. Annual Taxes
- $798
Lot Details
- 7,009 Sq Ft Lot
- Level Lot
- Property is zoned R-5
Community Details
- No Home Owners Association
- Broadway Estates Lots 1 10, 33 52, 75 94 Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 122-57-003-A
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | For Sale | $199,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6872616

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