1624 E Portland St - Residential LAND FOR SALE


Phoenix, AZ 85006- Central City58,370 SF
$1,250,000 USD
602-319-1326
1624 E Portland St, Phoenix, AZ for Sale
$1,250,000 USD
Residential LAND - FOR SALE
1/2
58,370 SF

1624 E Portland St
Phoenix, AZ 85006
Central City


HIGHLIGHTS

  • Approved for 17 Townhomes for Rent
  • Located in an Opportunity Zone and Qualified Census Tract
  • Near Roosevelt Row and DTPHX
  • Positioned Ahead of the Next Multifamily Cycle

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$932,836/AC

PRICE/SF

$21 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

1.34 AC

LAND SF

58,370 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C-2

APN/PARCEL ID

116-15-096B

ASK ABOUT THIS PROPERTY

Jason ButlerROI Properties, LLCMore Info
602-319-1326

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Jason ButlerROI Properties, LLCMore Info
602-319-1326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.