501 W Mohave Street, 1, Phoenix, AZ 85003
$170,000
Property Type:
Land
Lot Size (sq. ft.):
10,512
Status:
Closed
Current Price:
$170,000
List Date:
4/26/2022
Last Modified:
8/01/2025
Description
Not your standard size corner lot. Approx 10,512 sq ft R3 multifamily project in downtown Phoenix is shovel ready for your development needs. According to city of Phoenix planning and development, this parcel can have up to 6 units placed on it. Run your own numbers and look at what new multifamily is selling for in the area. Build and hold long term or build to sell both make sense. Owner(s) are licensed real estate agents in AZ.
More Information MLS# 6355564
Contract Information
Current Price: $170,000
Sold Price: $170,000
Status: Closed
List Date: 2022-02-14
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
Map Code/Grid: Q34
House Number: 501
Compass: W
Street Name: Mohave
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
County Code: Maricopa
Assessor Number: 112-37-120
Tax Year: 2021
General Property Description
Apx Total Acres: 0.24
Apx Total Acres G/N: N
Price Per Acre: 729166.67
Apx SqFt: 10512
Price Per SqFt: 16.65
Apx SqFt G/N: N
Lot Size Dimensions: 75 X 140
Horses: N
Zoning: r3
Remarks Misc
Cross Street: 7th ave and Buckeye
Directions: From 7th ave turn east on mohave st to property
Geo Lat: 33.430846
Geo Lon: -112.080694
Status Change Info
Off Market Date: 2022-05-06
Under Contract Date: 2022-05-05
Close of Escrow Date: 2022-05-31
Sold Price: $170,000
Legal Info
Lot Number: 1
Contact Info
List Agent Home Phn: 602-510-5741
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .0 - .24 Acres
Water Source: City Franchise
Sewer: Sewer - Public; Sewer - Available
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
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: Block; Chain Link
Listing Office: Realty85
Last Updated: August - 01 - 2025
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