Prime Development Opportunity!! This high-density residential-zoned lot offers the potential for up to 24 units with 110' of prime frontage along McDowell Road. Situated in a Qualified Census Tract (QCT), the property is eligible for Low-Income Housing Tax Credits, making it an ideal investment. With an annual average household income of over $80,000 within a 1-mile radius, the area is ripe for development. Don't miss out on this rare opportunity!
Sold for $260,000
$260,000
4007 W McDowell Road #623, Phoenix, AZ 85009
--beds
--baths
0.42Acres
Land
Built in ----
0.42 Acres Lot
$-- Zestimate®
$--/sqft
$1,789 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,789/mo
Zestimate® history
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$1,789/mo
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$1,479/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: December 10, 2024 at 01:07am
Listed by:
Olivia Guza 406-580-2876,
Compass
Bought with:
Alma R Chavez, BR538904000
WeDo Real Estate and Beyond
Source: ARMLS,MLS#: 6759712
Facts & features
Property
Lot
- Size: 0.42 Acres
- Dimensions: 165' x 110'
Details
- Parcel number: 10630127
- Zoning: R-5
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Location
- Region: Phoenix
- Subdivision: WINONA PARK 5
Other
Other facts
- Listing terms: Cash,Other (See Rmks),Seller Approve Terms,1031 Exchange,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2024 | Sold | $260,000-9.7% |
Source:  ARMLS #6759712 Report a problem | ||
| 10/7/2024 | Price change | $288,000-3.4% |
Source: ARMLS #6759712 Report a problem | ||
| 9/19/2024 | Listed for sale | $298,000-24.6% |
Source: ARMLS #6759712 Report a problem | ||
| 1/24/2024 | Listing removed | $395,000 |
Source: ARMLS #6548649 Report a problem | ||
| 4/26/2023 | Listed for sale | $395,000-24.8% |
Source: ARMLS #6548649 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Maryvale
Nearby schools
GreatSchools rating
- 2/10Alta E Butler SchoolGrades: K-5Distance: 0.8 mi
- 5/10Morris K. Udall Escuela De Bellas ArtesGrades: 6-8Distance: 0.6 mi
- 3/10Carl Hayden High SchoolGrades: 9-12Distance: 1 mi
- Arizona
- Maricopa County
- Phoenix
- 85009
- Maryvale
- 4007 W McDowell Road Unit 623