1601 W MCDOWELL Road, 1, Phoenix, AZ 85007

$170,000
Property Type: Land Lot Size (sq. ft.): 7,507 Status: Active
Current Price: $170,000 List Date: 5/29/2025 Last Modified: 7/28/2025

Description

Investors/Builders Dream! Multi-family zoned land offering significant development potential due to its proximity to downtown and the Roosevelt Row Arts District. This zoning supports high-density residential development, including larger apartment complexes and mixed-use developments. Ideally, this lot is to be sold with 1605 & 1609 W McDowell Rd, to create the ultimate investors dream to build 3 multi-family units right next to each other! Seller willing to put an attractive deal together to the buyer who purchases all 3 lots. These lots are also listed for lease.

More Information MLS# 6872475

Contract Information

Current Price: $170,000 List Price: $170,000 Status: Active List Date: 2025-05-28 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 1601 Compass: W Street Name: MCDOWELL St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85007 County Code: Maricopa Assessor Number: 111-18-132 Tax Year: 2024

General Property Description

Apx Total Acres: 0.17 Apx Total Acres G/N: G Price Per Acre: 1000000 # Lots in Listing: 1 Apx SqFt: 7507 Price Per SqFt: 22.65 Apx SqFt G/N: G Lot Size Dimensions: Rectangular Horses: N Zoning: R-5 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: Mcdowell Rd & 16th Ave Geo Lat: 33.465505 Geo Lon: -112.093623

Legal Info

Township: 1N Range: 3E Section: 6 Lot Number: 1

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Multi-Family Potential Use: Multi-Family; Commercial; Industrial; Retail Parcel Size: .0 - .24 Acres Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Owner May Carry Environmental: None Showing Notification Methods: Text; Email; Phone Call; No Notification Required to Show Lockbox Type: None
Listing Office: SERHANT.
Last Updated: July - 28 - 2025
1601 W MCDOWELL Road, 1, Phoenix, AZ 85007- MLS# 6872475
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