Seller represented by:
Gregory P Johnson with United Southwest Realty

4202 S 3RD Street 5
  • Active
  • Land 5 Unit

4202 S 3RD Street 5 Get directions

$639,000
1.06 Acre Lot
  • Area BOWLES SUB
  • MLS# 6883246
  • Listed June 20, 2025

Overview

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. 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 build!!

Features

Lot

  • 1.06 acres
  • Lot Size: 46228 sq ft
  • Lot Size Area: 1.06
  • Lot Size Dimensions: IRR

Water Source

  • Public

We're sorry we have no data related to schools for this listing.

  • 4202 3RD 5, Phoenix, AZ 85040 $639,000
  • 1.06 Acre Lot

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