1624 E Portland Street -, Phoenix AZ 85006
$1,250,000
Brokerage: Ivy Realty(623) 299-4954
Home facts
- Price
- $1,250,000
- Status
- Active
- Baths
- 0
- Lot
- 58,492 sq ft
- Type
- C
- Pool
- No
- Water
- See Remarks
- Sewer
- Other
- HOA
- None
- MLS #
- 7022190
Listed by R.O.I. Properties · 602-319-1326
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle -- as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses -- including self-storage, specialty or high-end vehicle storage, and other commercial concepts -- for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developer ready to move.
Features
Sewer
Other
Electric
Other (See Rmks)
WaterSource
See Remarks
Map
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:31 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).