This exceptional development opportunity blends historical preservation with modern potential. The 25,860 SF corner lot (17,399 SF net) is your canvas for a 25-unit project, featuring 13 studios and 12 1-bedroom units. Zoning allows 43.5 units/acre with a 65-foot height limit, offering creative freedom.
Nestled near Downtown Phoenix, ASU, and the I-10 Freeway, this property ensures connectivity. The Phoenix Light-Rail, just half a mile away, enhances accessibility. Plus, Roosevelt Row, a vibrant hub for dining and nightlife, is a mere 0.5 miles, making this property truly remarkable.
Sold for $700,000
$700,000
1414 N 5th Street #7, Phoenix, AZ 85004
--beds
--baths
4,253Square Feet
Land
Built in ----
4,253 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,745 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,745/mo
Zestimate® history
Owner options
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$1,745/mo
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$1,745/mo
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$3,986/mo
Est. payment
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$3,986/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joshua Wedel amber.valentine@kw.com,
Keller Williams Realty Phoenix
Bought with:
Roger D Phillips, SA651186000
Keller Williams Realty Phoenix
Source: ARMLS,MLS#: 6597067
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 4,253 sqft
- Dimensions: 85' x 205'
- Features: Corner Lot
- Topography: Level
Details
- Additional structures: None
- Parcel number: 11137041
- Zoning: C-DTC-EEVER
- Special conditions: Owner/Agent
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Location
- Region: Phoenix
- Subdivision: East Evergreen Addn Blks 3-6, 11&12
Other
Other facts
- Listing terms: Cash,Other (See Rmks),1031 Exchange,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2023 | Sold | $700,000-28.9% |
Source:  ARMLS #6597067 Report a problem | ||
| 8/25/2023 | Listed for sale | $985,000 |
Source: ARMLS #6597067 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 8/10Ralph Waldo Emerson Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Central High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Kenilworth Elementary School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Arizona
- Maricopa County
- Phoenix
- 85004
- Central City
- 1414 N 5th Street Unit 7
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