$1,250,000

1624 E Portland Street -, Phoenix, AZ 85006

Land
Built in ——
1.34acre lot
—— car garage
$——/sqft
Listed 19 days ago

Property Description

This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle -- as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses -- including self-storage, specialty or high-end vehicle storage, and other commercial concepts -- for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developer ready to move.

Listing Status:: Active
Date Added:: May 1, 2026
Data Last Updated:: May 21, 2026 at 1:07AM
Listing Office:: R.O.I. Properties : 602-319-1326
Listing Agent:: Beth Jo Zeitzer : 602-319-1326
MLS ID:: 7022190

Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Phoenix Elementary District
County: Maricopa

Zoning: C-211615096B
Fencing: See Remarks

Water: See Remarks
Sewer: Other

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Beth Jo Zeitzer , R.O.I. Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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