4202 S 3RD Street # 5 Phoenix, AZ $ 639,000
4202 S 3RD Street # 5
$ 639,000
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4202 S 3RD Street # 5

Phoenix, AZ, 85040
$ 639,000
Baths0.0

Monthly Estimate*

$ 3,987

4202 S 3RD Street # 5, Phoenix, AZ 85040 - Image 1
4202 S 3RD Street # 5, Phoenix, AZ 85040 - Image 2
4202 S 3RD Street # 5, Phoenix, AZ 85040 - Image 3
4202 S 3RD Street # 5, Phoenix, AZ 85040 - Image 4
Studio

Lots and Land for sale in Phoenix, AZ

for $639,000. The lot size is 1.06.

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. In Opportunity Zone. Let's build!

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Lots and Land Pending

Price

$ 639,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,815

Style

Land

Lot Size

1.06

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6883246

Features
General
Sewer Sewer - Available
Zoning R4
Electric SRP
Township 1N
Unit Number 5
Tax Year 2024
County Maricopa
Property Type Land
HOA N
Subdivision Name BOWLES SUB
Possible Use Multi-Family Commercial
Other Structures None
Special Listing Conditions N/A
Status Pending
Directions Central Ave & Broadway Rd
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Lot Size Units Acres
Lot Size Square Feet 46228.0
Carport Y/N N
Tax Annual Amount 2815.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Elementary School District Roosevelt Elementary District
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 5
New Financing: Conventional True
Senior Community N
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Exterior
Water Source City Franchise
Lot Size Area 1.06
Spa N
Lot Dimensions IRR
Lot Size Acres 1.06
Road Surface Type Asphalt
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 4202
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* Excluded Features
List By
United Southwest Realty

Broker

unitedswrealty@gmail.com

Email

Affordability Calculator

$4,221
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,987
Monthly Property Taxes
$235
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2025$639,000 Listed Price

Map


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4202 S 3RD Street # 5, Phoenix, AZ, 85040 is a Lots and Land for sale at $639,000 with a lot size of 1.06. 4202 S 3RD Street # 5 is a studio with 0.0 baths. The property's zip code is 85040 which is in Phoenix, AZ