320 E Hatcher Road, 6, Phoenix, AZ 85020

$1,350,000
Property Type: Land Lot Size (sq. ft.): 29,557 Status: Active
Current Price: $1,350,000 List Date: 6/25/2025 Last Modified: 8/03/2025

Description

Seller may carry. R-5 High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Permits and plans are approved through the City of Phoenix for this 2 story, 20 unit multi-family project. The current unit mix is very diverse to make this a unique project for the area. There are 10 garages, 4 three bed/two bath, 6 two bed/two bath, 2 one bed/one bath, and 8 studios. The development consists of 16,396 square feet of living area. Sale includes parcels 159-45-092-A, 159-45-092-B, 159-45-108, 159-45-101.

More Information MLS# 6884548

Contract Information

Current Price: $1,350,000 List Price: $1,350,000 Status: Active List Date: 2025-06-24 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 320 Compass: E Street Name: Hatcher St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85020 Zip4: 2536 County Code: Maricopa Assessor Number: 159-45-092-A Subdivision: TENGEN PLACE ADDITION Tax Year: 2024

General Property Description

Apx Total Acres: 0.68 Apx Total Acres G/N: N Price Per Acre: 1985294.12 # Lots in Listing: 4 # Units Allowed: 35 Apx SqFt: 29557 Price Per SqFt: 45.67 Apx SqFt G/N: N Lot Size Dimensions: 218 x 137 Horses: N Zoning: R-5 Flood Zone: No Elementary School District: Washington Elementary School District High School District: Glendale Union High School District Elementary School: Sunnyslope Elementary School Jr. High School: Sunnyslope Elementary School High School: Sunnyslope High School

Remarks Misc

Geo Lat: 33.571647 Geo Lon: -112.0685

Legal Info

Township: 3N Range: 3E Section: 29 Lot Number: 6

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot; Commercial Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: .50 - .99 Acres Current Density: 40+ Units P/Acre Development Status: Subdivision Plat Apv; Plans Available; Plans Included; Prelim Eng Included; Flood Elevation Certificate Land Features: North/South Exp View: Mountain(s) Elevation Source: Topo Survey Land Configuration: Square Rectangular Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Submetered System; Individual Meter Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property New Financing: Cash; Conventional; Owner May Carry; Wrap; 1031 Exchange; Trade Environmental: Phase I Available Lockbox Type: None Fencing: Block; Chain Link
Listing Office: Grayson Real Estate
Last Updated: August - 03 - 2025
320 E Hatcher Road, 6, Phoenix, AZ 85020- MLS# 6884548
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