$199,000

2543 E Broadway Rd Unit 13 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $1,155/month

0.32 Acre
$621,875 Price per Acre
13,939 Sq Ft Lot

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

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

Listing Agent

Zhobin Jawanmardi

Compass License #SA654716000 Listed on: 05/29/2025

Compass

Co-Listing Agent

Adam Joffe

Compass License #SA648317000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $488

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Property is zoned R-5

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association
  • Broadway Estates Lots 137 158 Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 122-57-005

Property Details

Property Type

Land

Est. Annual Taxes

$488

Lot Details

0

Listing Details

  • Cross Street: 24th St & Broadway Rd
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-5
  • Tax Year: 2022
  • Lot Size Acres: 0.32
  • Road Surface Type: Gravel, Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: BROADWAY ESTATES LOTS 137-158
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: North/South Exp
  • Disclosures: None
  • 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: unknown
  • Lot Size Sq Ft: 14136.0
  • Additional Parcels: No
  • Parcel #: 122-57-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 488.0
  • Tax Book Number: 122.00
  • Tax Lot: 13
  • Tax Map Number: 57.00

Map

Range of Values:

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Average Value
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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 $904 $6,156 $6,156 --
2024 $247 $5,863 $5,863 --
2023 $247 $8,138 $8,138 --
Source: Public Records

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)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6872613

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-005-A