$970,000
$30K PRICE DROP

Estimated payment $5,447/month

Total Views 2,475
-- Bed
-- Bath
1,721 Sq Ft
$564 Price per Sq Ft

Highlights

  • Community Kitchen
  • Skylights
  • Central Air
  • Phoenix Coding Academy Rated A
  • Patio
  • 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

  • 12,033 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned R-5

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,721 Sq Ft Home
  • Ceiling height under 8 feet
  • Skylights

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available

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

0.28 Acres

Listing Details

  • Cross Street: Indian School Rd/40th St
  • 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
  • Road Surface Type: Asphalt
  • Subdivision Name: RANCHO DEL MONTE UNIT 2
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Living Area: 1721.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Exterior: Other (See Remarks)

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Private
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0

Utilities

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

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: 170.0
  • Tax Lot: 13
  • Tax Map Number: 32.0

Map

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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
03/17/2026 03/17/26 Price Changed $970,000 -3.0% $564 / Sq Ft
01/02/2026 01/02/26 Off Market $1,000,000 -- --
12/30/2025 12/30/25 For Sale $1,000,000 0.0% $581 / 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

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