4202 S 3rd Street Unit 5, Phoenix, AZ 85040

$498,000

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Sold Price
$498,000
List Price
$639,000
Status
CLOSED
Days on Market
170
Closing Date
Jan 12, 2026
MLS#
6883246
Subtype
Land
Lot Size
46,228
Acres
1.06
Subdivision
Bowles Sub

Property Description

Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family — Build up to 35 Units! By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St! Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and freeways Maricopa Assessor Parcel # 113-13-011 This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market. Serious buyers only — priced to move. Multi-family gems like this don't last. Zoned. Positioned. Priced right. In Opportunity Zone. Let's bu

Additional Information

Taxes
$2,815
Zoning
R4

Courtesy of United Southwest Realty. 480-941-5114 Selling Office: Non-MLS Office.

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