NEW! Buy and sell safely with virtual options - Learn More
About the Listing gntr01 - ms3512
Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7,253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units. The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review. The sellers are actively working on finalizing these entitlements; buy now at $269,000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy c capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status. Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1,264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!
Listing Highlights
Status
Active
Days on Site
14
Property Type
Residential
MLS ®
7032653
Year Built
1928
Total Square Footage
1,264
Lot/Acreage
0.17
County
Maricopa
Neighborhood
Grand View Annex
School District
Phoenix Elementary District
Elementary School
Thomas A Edison School
Middle School
Thomas A Edison School
High School
Central High School
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Non-laminate Counter,Full Bth Master Bdrm
- Water: City Water
Exterior Details
- Lot Description: Dirt Front,Dirt Back
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Attached Carport,Side Vehicle Entry
Financial Details
- Tax Amount: $470
- Taxes w/Assessments: N/A
- Tax/Property ID: 116-15-069
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1010 N 18th St Phoenix, AZ 85006
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
