742 S 1ST Street, -, Phoenix, AZ 85004
New Listing
$250,000
Property Type:
Land
Lot Size (sq. ft.):
7,113
Status:
Active
Current Price:
$250,000
List Date:
8/17/2025
Last Modified:
8/17/2025
Description
Developer's Dream in Downtown Phoenix! Just a ½ mile stroll to the Suns Basketball Arena, this prime location places you in the heart of Phoenix's vibrant urban core. Enjoy easy access to the city's energetic nightlife, renowned culinary experiences, and hip local bars—including the iconic The Duce, just a 5-minute walk away---with light RAIL 0.2M. Property is nestled near Phoenix's Central Park, offering the perfect blend of city living and green space. Whether you're envisioning a personal residence immersed in the action or planning to invest in a duplex or triplex, this location delivers unmatched potential. Architectural plans available for a stunning duplex with a detached dwelling above the garage, designed to capture city lights and breathtaking sunrise/sunset views
More Information MLS# 6907071
Contract Information
Current Price: $250,000
List Price: $250,000
Status: Active
List Date: 2025-08-16
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 742
Compass: S
Street Name: 1ST
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2601
County Code: Maricopa
Assessor Number: 112-25-010
Subdivision: CENTRAL PARK PLACE
Tax Year: 2024
General Property Description
Apx Total Acres: 0.16
Apx Total Acres G/N: N
Price Per Acre: 1562500
Apx SqFt: 7113
Price Per SqFt: 35.15
Apx SqFt G/N: N
Lot Size Dimensions: 47' X 151.33'
Zoning: DTC-CENTP
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Silvestre S Herrera School
Jr. High School: Silvestre S Herrera School
High School: Central High School
Remarks Misc
Cross Street: 7th St and Jefferson
Directions: West on Washington from 7th St, turn South on 1st St for ~1 mile, lot is on right side between grant and Hadley on the rigth (west side of street)
Geo Lat: 33.439528
Geo Lon: -112.072749
Legal Info
Lot Number: -
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Parcel Size: .0 - .24 Acres
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
New Financing: Cash; Conventional
Environmental: None
Lockbox Type: None
Listing Office: HomeSmart
Last Updated: August - 17 - 2025
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