Incredible development opportunity in the Oakland Historic District, just minutes from downtown Phoenix. This offering includes 2 contiguous R-5 zoned lots totaling 12,600 SF, with potential for up to 12 multi-family units or two custom single-family homes with detached ADUs. The existing structure is a teardown, & the property is sold for land value only. This area is undergoing rapid revitalization with new construction, renovated historic homes, & increasing investment. Conveniently located near Roosevelt Row, ASU Downtown, Valley Metro light rail, & the Grand Avenue Arts District. Ideal for developers or investors seeking strong long-term upside in one of Phoenix's most promising urban neighborhoods. Cash offers only. Buyers to complete all due diligence prior to submitting an offer.
Listed by:
RE/MAX Excalibur
Date | Days Ago | Event | New Price |
---|---|---|---|
May 15, 2025 | 2 mos ago | Price increased24,900 (8%) | $299,900 |
Apr 28, 2025 | 3 mos ago | Price decreased70,000 (20%) | $275,000 |
Feb 5, 2025 | 5 mos ago | Price decreased5,000 (1%) | $345,000 |
Oct 17, 2024 | 9 mos ago | Price decreased25,000 (7%) | $350,000 |
Sep 4, 2024 | 10 mos ago | Price decreased24,000 (6%) | $375,000 |
Jul 24, 2024 | 12 mos ago | Price decreased26,000 (6%) | $399,000 |
Jul 1, 2024 | 1 yr ago | New on market | $425,000 |