About The Property

Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.
Courtesy of Grigg's Group Powered by The Altman Brothers 480-788-0929
Listing Snapshot
Days Online
134
Last Updated
Property Type
Multiple Dwellings
Year Built
2026
MLS Number
6886048
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Building
Built in 2026
Cooling
"See Remarks"
Heating
"Electric"
Parking
"None"
Property
Zoning: R-4
Sewer
"Public Sewer"
Taxes
Annual amount: $109, Lot: 152
Utilities
"APS"
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30 Days Snapshot Of 85013
$744k
+9%
(avg) sold price
11
-35%
homes sold
80
-24%
(avg) days on market
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Monthly Payment
$0

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