$890,000
$40K PRICE DROP

5437 S 4th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $5,014/month

Total Views 3,331
7 Beds
7 Baths
862 Sq Ft
$1,032 Price per Sq Ft

Highlights

  • 1.37 Acre Lot
  • No HOA
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Central Air
  • 4-minute walk to Momo Park

About This Home

Rare 1.367-acre (59,555 sq ft) R4-zoned infill opportunity in central Phoenix just minutes from Downtown. Large residential parcel offering significant development potential in an established neighborhood experiencing ongoing growth and redevelopment. City zoning allows for multiple residential configurations (buyer to verify density, lot split potential, and permitted uses). Flat, usable land with irrigation and convenient access to major transportation corridors, schools, shopping, and employment centers. Parcels of this size within the city limits are increasingly scarce. The value is in the land and its long-term development potential. Great investor opportunity!

Listing Agent

Maria Stamate

eXp Realty License #SA708564000 Listed on: 02/26/2026

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1920

Interior Spaces

  • 862 Sq Ft Home
  • 1-Story Property
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Parking

  • 7 Open Parking Spaces
  • 2 Carport Spaces
  • Off-Street Parking

Schools

  • C O Greenfield Elementary And Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • 1.37 Acre Lot
  • Flood Irrigation

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Rexmere Heights Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 113-45-047-B

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,477

Year Built

Built in 1920

Lot Details

1.37 Acres

Listing Details

  • Cross Street: 7TH ST AND SOUTHERN
  • Property Type: Residential
  • Ownership: Fee Simple
  • Separate Den Office Sep Den Office: N
  • Year Built: 1920
  • Tax Year: 2025
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.37
  • Subdivision Name: REXMERE HEIGHTS
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • General Property Description:PriceSqFt: 1032.48
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Range, Electric Range
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Fireplace: No
  • Living Area: 862.0
  • Stories: 1

Exterior Features

  • Fencing: See Remarks
  • Lot Features: Dirt Front, Dirt Back
  • Pool Private: No
  • Disclosures: None
  • Common Walls: All on One Level
  • Construction Type: Other, Painted
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Off Street
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 7.0

Utilities

  • Cooling: Central Air, See Remarks
  • Heating: Heat Pump
  • Laundry Features: See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: C O Greenfield School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: C O Greenfield School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 59555.0
  • Parcel #: 113-45-047-B

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 3477.0
  • Tax Book Number: 113.0
  • Tax Lot: 33
  • Tax Map Number: 45.0

Map

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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 List to Sale Price per Sq Ft
04/01/2026 04/01/26 Price Changed $890,000 -4.3% $1,032 / Sq Ft
02/26/2026 02/26/26 For Sale $930,000 -- $1,079 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6991708

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-45-047B

Arizona Maricopa County Phoenix 85040 South Mountain

5437 S 4th St, Phoenix, AZ

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
Maria Stamate
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eXp Realty
(480) 508-8331
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