$1,000,000

Estimated payment $5,502/month

-- Bed
-- Bath
1,721 Sq Ft
$581 Price per Sq Ft

Highlights

  • Community Kitchen
  • Skylights
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heat Pump System

About This Home

Rare opportunity to purchase a R-5 (High Density) zoned Multifamily land in a prime central Phoenix location. The existing structure is a 1,731 square foot single family home built in 1952, situated on a site zoned R-5. The R-5 zoning allows for a variety of residential and limited commercial uses, offering flexibility for investors, developers, or owner - occupants seeking to capitalize on the property's strong location and zoning potential. Property is located within the Arcadia Lite area of Phoenix and situated on Indian School Rd for great visibility. Within its proximity to major thoroughfares, shopping, dining, and employment centers, the property is ideally suited for a modern adaptive reuse or small-scale multifamily development after renovations/re-build.**Buyer to verify all fac

Listing Agent

Jason Miszuk

Realty ONE Group License #SA562932000 Listed on: 12/23/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot
  • Chain Link Fence
  • Property is zoned R-5

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,721 Sq Ft Home
  • Skylights
  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space
  • Private Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 170-32-115

Community Details

Overview

  • Building Dimensions are Irregular
  • Rancho Del Monte Unit 2 Subdivision

Amenities

  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$3,159

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Indian School Rd/40th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 1
  • Year Built: 1952
  • Tax Year: 2025
  • Lot Size Acres: 0.28
  • Subdivision Name: RANCHO DEL MONTE UNIT 2
  • Structure Type: Commercial
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1721.0
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Private
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Heat Pump
  • Green Building Features: Kitchen, Skylight(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 12033.0
  • Parcel #: 170-32-115

Multi Family

  • Leasable Area: 1721.0

Tax Info

  • Tax Annual Amount: 3159.0
  • Tax Book Number: 170.00
  • Tax Lot: 13
  • Tax Map Number: 32.00

Map

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $3,159 $26,442 -- --
2024 $3,001 $25,183 -- --
2023 $3,001 $52,620 $10,520 $42,100
2022 $2,873 $39,080 $7,810 $31,270
2021 $2,981 $38,720 $7,740 $30,980
2020 $2,903 $35,480 $7,090 $28,390
2019 $2,887 $32,280 $6,450 $25,830
2018 $2,824 $31,200 $6,240 $24,960
2017 $2,709 $27,670 $5,530 $22,140
2016 $2,598 $24,260 $4,850 $19,410
2015 $2,422 $22,580 $4,510 $18,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 For Sale $1,000,000 -- $581 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6960569

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-32-115