4202 S 3RD Street 5
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $498,000

    Listing View11
    Like Count-
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    4202 S 3RD Street, #5,

    Phoenix, AZ 85040

    Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family — Build up to 35 Units! By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St! Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and freeways Maricopa Assessor Parcel # 113-13-011 This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market. Serious buyers only — priced to move. Multi-family gems like this don't last. Zoned.Positioned.Priced right...See More

    • 0 Beds
    • 0 Baths
    • 46228 Sqft
    • Land/commercial

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 639,000
    Listing Date: 06/20/2025
    Days on dealty:Was on Dealty for 207 days
    County:Maricopa
    MLS Type:ARMLS
    Built In:0
    Has HOA:No
    Status Change Date:January 13, 2026
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    Flooring
      --
    Interior Spaces
      --
    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: ,
    Lot Details
    • Lot size: 1.06 Acres / 46228.0 Square feet

    AmenitiesAmenities

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    Utilities
    • Water Source : City Franchise
    • Sewer Information : Sewer - Available
    Laundry
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    Parking
    • Garage Spaces: 0
    • Covered Spaces: 0
    • Parking Spaces: 0

    HOAHOA & Financial

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    Primary HOA
      No
    Second HOA
      No
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Roosevelt Elementary District
    • Phoenix Union High School District
    Neighborhood
    • BOWLES SUB

    NeighborhoodExplore The Area

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    Similar HomesSimilar Properties

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    AgentListing Agent

    Agent
    Gregory Johnson

    (United Southwest Realty)

    MLS # 6883246

    4202 S 3RD Street 5

    Phoenix, AZ 85040

    $498,000
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/4202-s-3rd-street-5-phoenix-az-85040
    Approx sqft
    46228
    Year Built
    0
    Lot Size
    46228 sqft/ 1.063 acres

    Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family — Build up to 35 Units! By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St! Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and f...(Visit the link to Get more info)

    AGENT CONTACT
    Gregory Johnson
    United Southwest Realty

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.