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Lot/land
    • $1,250,000

    1624 E Portland Street #-, Phoenix, AZ 85006

    --beds
    --baths
    1.34Acres
    Land
    Built in ----
    1.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle -- as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses -- including self-storage, specialty or high-end vehicle storage, and other commercial concepts -- for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developer ready to move.
    71 days
    |
    69
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Jo Zeitzer 602-319-1326,

    R.O.I. Properties,

    Jason Butler 602-390-0361,

    R.O.I. Properties

    Source: ARMLS,MLS#: 7022190MLS Logo

      Facts & features

      Property

      Features
      • Fencing: See Remarks
      Lot
      • Size: 1.34 Acres
      • Dimensions: 224.88'' width x 331.30' depth
      Details
      • Parcel number: 11615096B
      • Zoning: C-2

      Utilities & green energy

      • Electric: Other (See Rmks)
      • Sewer: Other
      • Water: See Remarks

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Phoenix

      Financial & listing details

      • Annual tax amount: $2,025
      • Date on market: 5/1/2026
      • Listing terms: Other (See Rmks)
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/1/2026Listed for sale$1,250,000-28.6%
        Source: ARMLS #7022190 Report a problem
        4/1/2025Listing removed$1,750,000
        Source: ARMLS #6769204 Report a problem
        10/10/2024Listed for sale$1,750,000
        Source: ARMLS #6769204 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central City

        Getting around

        69 / 100
        Somewhat Walkable
        45 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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