2601 E Paradise Ln

Phoenix, AZ 85032
  • $499,000

    Price

About the Listing kwsl02 - ag421

Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential. Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development. Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix.

Listing Highlights for 2601 E Paradise Ln

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 7095968
Year Built 1984
County Maricopa
Neighborhood Kay Acres
Elementary School Whispering Wind Academy
Middle School Explorer Middle School

Interior Details

  • Appliances:
  • Air Cond: Central Air,Electric,Heat Pump
  • Heating: Electric
  • Fireplaces:
  • Floor: Tile,Carpet,Ceramic Tile
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition,Built-Up
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $2,098
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 214-40-022-D
  • Tax Year: 2025

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Listing Location

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2601 E Paradise Ln Phoenix, AZ 85032

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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Shanna Day Team

Operator & Expansion Partner | Shanna Day Team | Keller Williams Realty Phoenix

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