4622 S 7TH Street #3, Phoenix, AZ 85040
4622 S 7TH Street #3, Phoenix, AZ 85040
4622 S 7TH Street #3, Phoenix, AZ 85040
4622 S 7TH Street #3, Phoenix, AZ 85040
4622 S 7TH Street #3, Phoenix, AZ 85040
4622 S 7TH Street #3, Phoenix, AZ 85040
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$ 399,000
Est. payment | /mo

0.44 Acres Lot


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$ 399,000
Est. payment | /mo
Save

0.44 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Bailie Sub

MLS Listing ID 7042737

HOA Y/N No

Annual Tax Amount $621

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 110*174

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Excellent development opportunity near the Valley Metro light rail B Line. This oversized 0.44-acre lot measures approximately 110 feet by 174 feet and is zoned R-5, one of Phoenix's higher-density multifamily residential zoning classifications. R-5 zoning may accommodate apartments, condominiums, townhomes, attached housing, or multiple residential units on a single property, subject to City of Phoenix approval, development standards, parking, setbacks, access, and site-plan requirements. The city's published zoning guidance identifies a base multifamily density of approximately 43.5 dwelling units per gross acre, with potential density bonuses available for qualifying developments. Utilities are already located on or adjacent to the property, including an electric pole at the northwest corner, a water meter at the sidewalk, and a capped sewer line near the tree and pedestrian gate, identified by a concrete block. The property is enclosed by a block fence and offers a compelling opportunity for a multifamily infill project, income-producing development, or custom residential concept in a transit-accessible location. Buyer to independently verify zoning, density, utilities, lot dimensions, development feasibility, and all information material to the buyer.

Location

State AZ

County Maricopa

Community Bailie Sub

Area Maricopa

Zoning R5

Interior

Flooring Flooring

Exterior

Fence Block

View City

Topography Level

Private Pool No

Building

Sewer Sewer-In & Connected, Sewer - Available, Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 113-37-003

Acceptable Financing Cash, Other (See Rmks), Conventional

Disclosures None

Listing Terms Cash, Other (See Rmks), Conventional

Arizona Regional MLS (ARMLS)
Listed by eXp Realty • John P Galaviz

NEARBY SCHOOL & BUSINESS

Brian Ramsey

+1(602) 584-2023

bramsey@equitystarrealty.com

20860 N. Tatum Blvd. Ste. 275, Phoenix, AZ, 85050, United States

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4622 S 7TH Street #3