Residential Land for Sale in Phoenix, Arizona
2045 E Michigan Ave Phoenix, AZ 85022
NO HOA - READY FOR MULTIFAMILY - ALL UTILITIES ON PROPERTY - Welcome to an exceptional real estate opportunity in a thriving community! These two contiguous parcels, zoned for high-density multifamily development, come with a valuable bonus - a manufactured home on each property that can generate income as you plan your development. This unique feature ensures immediate revenue, making this investment practical and promising. Strategically located near major freeways, schools, and a variety of dining and shopping options, these parcels are perfectly positioned for a multifamily development. Notably, a large parcel across the street is already capitalizing on the same development opportunity, highlighting the strong demand for multifamily housing in the area.
Directions
Located between Cave Creek Rd & 20th St and Union Hills & Bell Rd.
Property details
- County
- Maricopa County
- Community
- New Bell Park
- School District
- Paradise Valley Unified District
- Zoning
- R4-A
- Elevation
- 1,450 feet
- MLS Number
- ARMLS 6618440
- Date Listed
Legal description
LOT 153 NEW BELL PARK MCR 009623
Parcels
- 214-71-153
Property taxes
- 2022
- $481
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Echo Mountain Intermediate School | Elementary | Paradise Valley Unified District | — |
Mountain Sky Middle School | Middle | Paradise Valley Unified District | — |
North Canyon High School | High | Paradise Valley Unified District | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 30, 2024 | Relisted | $376,000 | — | ARMLS |
Apr 1, 2024 | Listing removed | $376,000 | — | — |
Oct 16, 2023 | New listing | $376,000 | — | ARMLS |