1503 W HADLEY Street, 3, Phoenix, AZ 85007
New Listing
$185,000
Property Type:
Land
Lot Size (sq. ft.):
6,426
Status:
Active
Current Price:
$185,000
List Date:
7/25/2025
Last Modified:
7/26/2025
Description
Prime Multifamily Lot - Ready to Build in the Heart of Phoenix!Incredible opportunity to own a centrally located .15-acre lot in the city of Phoenix, zoned and ready for multifamily development. Permits have already been submitted, saving you time and moving you one step closer to breaking ground. This flat, buildable lot is ideal for investors or builders looking to develop in a high-demand area near downtown, major freeways, shopping, dining, and public transit. Whether you're looking to build a duplex, triplex, or more (subject to zoning), this location offers endless potential for rental income or resale. Don't miss this ready-to-go project in one of the fastest-growing cities in the country!
More Information MLS# 6897112
Contract Information
Current Price: $185,000
List Price: $185,000
Status: Active
List Date: 2025-07-24
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 1503
Compass: W
Street Name: HADLEY
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3524
County Code: Maricopa
Assessor Number: 112-14-084
Subdivision: STEVE RAYBURN SUBDIVISION
Tax Year: 2024
General Property Description
Apx Total Acres: 0.15
Apx Total Acres G/N: G
Price Per Acre: 1233333.33
Apx SqFt: 6426
Price Per SqFt: 28.79
Apx SqFt G/N: G
Lot Size Dimensions: 50x129
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Grant & 15th Ave
Geo Lat: 33.439231
Geo Lon: -112.091658
Legal Info
Township: 1N
Range: 3E
Section: 7
Lot Number: 3
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .0 - .24 Acres
Proposed Density: 11 - 15 Units P/Acre
Development Status: Raw Land
Land Configuration: Square Rectangular
Road Responsibility: City Maintained Road
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Lockbox Type: None
Listing Office: HomeSmart
Last Updated: July - 26 - 2025
Broker Attribution:
6025655072
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