4035 S 9TH Street, 20, Phoenix, AZ 85040
$1,100,000
Property Type:
Land
Lot Size (sq. ft.):
104,980
Status:
Closed
Current Price:
$1,100,000
List Date:
12/20/2024
Last Modified:
6/13/2025
Description
Development opportunity! This large double lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes five residential buildings and is zoned for high-density multi-family development. Conveniently situated close to the I-10 and I-17, the property is nestled between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, shopping, dining, and more.
More Information MLS# 6796357
Contract Information
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
List Date: 2024-12-20
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 4035
Compass: S
Street Name: 9TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1207
Country: US
County Code: Maricopa
Assessor Number: 113-21-032
Subdivision: MONTE VISTA ACRES
Tax Year: 2024
General Property Description
Apx Total Acres: 3.43
Apx Total Acres G/N: G
Price Per Acre: 437317.78
Apx SqFt: 104980
Price Per SqFt: 14.29
Apx SqFt G/N: G
Lot Size Dimensions: Regular
Zoning: R-4
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: S 7th St & E Dr MLK Jr Blvd
Geo Lat: 33.409211
Geo Lon: -112.059072
Status Change Info
Status Change Date: 2025-06-13
Off Market Date: 2025-01-13
Under Contract Date: 2025-01-12
Close of Escrow Date: 2025-06-12
Sold Price: $1,100,000
Legal Info
Township: 1N
Range: 3E
Section: 21
Lot Number: 20
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Cash
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 8000
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family; Other (See Rmks)
Potential Use: Multi-Family
Parcel Size: 2.50 - 4.99 Acres
Current Density: 02 - 05 Units P/Acre
Development Status: On Site Imp Needed
Road Responsibility: City Maintained Road
Topography: Level
Existing Structures: Shed(s); Abandoned; Residence
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Distance to Cable: None
Distance to Phone: None
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Lockbox Type: None
Fencing: Chain Link
Listing Office: My Home Group Real Estate
Last Updated: June - 13 - 2025
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