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4622 S 7th Street Unit 3, Phoenix
$319,000
7042737 MLS ⋅ ACTIVE Status ⋅ 0.44 Acres ⋅ 85040 Zip Code
Excellent development opportunity near the Valley Metro light rail B Line. This oversized 0.44-acre lot measures approximately 110 feet by 174 feet and is zoned R-5, one of Phoenix's higher-density multifamily residential zoning classifications. R-5 zoning may accommodate apartments, condominiums, townhomes, attached housing, or multiple residential units on a single property, subject to City of Phoenix approval, development standards, parking, setbacks, access, and site-plan requirements. The city's published zoning guidance identifies a base multifamily density of approximately 43.5 dwelling units per gross acre, with potential density bonuses available for qualifying developments. Utilities are already located on or adjacent to the property, including an electric pole at the northwest corner, a water meter at the sidewalk, and a capped sewer line near the tree and pedestrian gate, identified by a concrete block. The property is enclosed by a block fence and offers a compelling opportunity for a multifamily infill project, income-producing development, or custom residential concept in a transit-accessible location. Buyer to independently verify zoning, density, utilities, lot dimensions, development feasibility, and all information material to the buyer.

4622 S 7th Street Unit 3, Phoenix

2804 E Broadway Road Unit -, Phoenix
$640,000
7038862 MLS ⋅ ACTIVE Status ⋅ 0.88 Acres ⋅ 85040 Zip Code
Exceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.

2804 E Broadway Road Unit -, Phoenix

5625 S 11 Street Unit 34, Phoenix
$421,000
7026900 MLS ⋅ ACTIVE Status ⋅ 0.95 Acres ⋅ 85040 Zip Code
Excellent development opportunity in Phoenix! This approximately 0.95-acre lot offers strong potential for builders, investors, and developers. Based on current zoning requirements of approximately 6,000 SF per lot, the property may have the potential to be subdivided into up to 6 residential lots. Nearby newly built homes have sold around $350k-$450k, making this an attractive infill development opportunity. Convenient Phoenix location with access to shopping, dining, schools, and major transportation routes. Buyer and Buyer's Agent to verify all material facts, including but not limited to zoning, subdivision requirements, utilities, permits, schools, lot dimensions, development potential, and all other information deemed important during the inspection period. No SPDS. Sold as is.

5625 S 11 Street Unit 34, Phoenix

5225 S 7th Street Unit -, Phoenix
$289,900
7014585 MLS ⋅ ACTIVE Status ⋅ 0.44 Acres ⋅ 85040 Zip Code
Discover an incredible opportunity in the heart of Phoenix! This vacant lot at 5225 S. 7th Street offers the perfect canvas for builders, investors, or homeowners ready to bring their vision to life. Zoned residential (buyer to verify specifics with the City of Phoenix), this lot presents excellent potential for a custom single-family home or new construction project. With continued growth and redevelopment happening throughout South Phoenix, this is a prime opportunity for builders looking to capitalize on an up-and-coming area. Conveniently located with easy access to major freeways, Downtown Phoenix, Sky Harbor Airport, shopping, and dining, this property offers both accessibility and long-term value. Surrounded by established homes and ongoing development, it's an ideal site for a spec build or personalized residence. Utilities are onsite (buyer to verify), helping streamline the building process and reduce upfront development hurdles. Whether you're a seasoned builder, investor, or someone looking to design a home from the ground up, this lot checks all the boxes. Don't miss your chance to secure land in one of Phoenix's rapidly expanding corridors--build now or hold for future appreciation! (lot dimensions pending verification)

5225 S 7th Street Unit -, Phoenix

2854 E Wier Avenue Unit -, Phoenix
$1,425,000
6986821 MLS ⋅ ACTIVE Status ⋅ 2.08 Acres ⋅ 85040 Zip Code
This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units. " Civil plans completed. " Landscape plans completed. " Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.

2854 E Wier Avenue Unit -, Phoenix

5020 S 16th Street Unit --, Phoenix
$950,000
6981619 MLS ⋅ ACTIVE Status ⋅ 0.98 Acres ⋅ 85040 Zip Code
A-2 industrial land in South Phoenix: approximately 42,863 SF (0.984 acre), offered at $950,000, or about $22.16/SF. The generally level infill parcel offers access to I-10, I-17, Loop 202 and the Sky Harbor employment area. Potential uses include contractor operations, equipment or fleet storage, warehousing and transportation-related uses, subject to City approval. An ALTA survey, utility information and a prior City-reviewed CDL site plan are available. Buyer must verify current approvals, access, utilities, dimensions, zoning and development feasibility. APN 113-54-014. No seller financing. 5020 S 16th Street offers approximately 42,863 SF, or 0.984 acre, of vacant A-2 industrial land in the established South Phoenix industrial corridor. The asking price is $950,000, approximately $22.16 per square foot. The property is offered as one fee-simple parcel, APN 113-54-014. Reported 2025 property taxes are $3,012. The generally level site may accommodate industrial, contractor, fleet, equipment-storage, transportation, warehousing or related operations, subject to applicable zoning, development requirements and City approval. A potential CDL/driver-training use is referenced in a prior City-reviewed site plan. That historical plan does not establish a current permit, transferable approval or entitlement for any proposed use. Available materials include an ALTA survey, utility information, a plat map, aerials and the prior site plan. Approximate dimensions are reported as 110 by 388 feet; the survey should govern the verified boundaries and dimensions. Utilities are reported in the area. Buyers must determine actual service locations, connection status, capacity, upgrade needs and costs. The South Phoenix location provides access to Interstate 10, Interstate 17, Loop 202, Downtown Phoenix and the Sky Harbor area. Surrounding uses include industrial, automotive, contractor, warehouse and transportation operations. Seller financing is not available. Coordinate site access through the listing agent. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, acreage, dimensions, boundaries, title, easements, access, utilities, environmental conditions, taxes, zoning, permitted uses, plan status, permits and development feasibility with the appropriate authorities and advisors. Prior plans or reviews do not guarantee current approvals. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

5020 S 16th Street Unit --, Phoenix

832 E Roeser Road Unit -, Phoenix
$380,000
6974743 MLS ⋅ ACTIVE Status ⋅ 0.91 Acres ⋅ 85040 Zip Code
This property provides an investor with a head start in the development process. Planned for a 14 unit multi-family community, the Planned Roeser Road Apartments includes surveys, site planning, and city comments to be conveyed. This allows a buyer to jump straight into the process utilizing the existing plans, or recreate their own vision using the existing R-3 zoning. The proposed development aims to deliver contemporary living spaces complemented by centralized location, and nearby employment. Convenient access to major roadways and nearby services further enhances the site's appeal with Downtown Phoenix only a short drive north. Overall, the property represents a strong opportunity to contribute to the area's ongoing urban growth and residential demand.

832 E Roeser Road Unit -, Phoenix

111 E Southern Avenue Unit -, Phoenix
$1,675,000
6732075 MLS ⋅ ACTIVE Status ⋅ 2.82 Acres ⋅ 85040 Zip Code
GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..

111 E Southern Avenue Unit -, Phoenix

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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