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Lot/land
  • $1,700,000

    2854 E WIER Avenue #-, Phoenix, AZ 85040

    --beds
    --baths
    2.08Acres
    Land
    Built in ----
    2.08 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units. " Civil plans completed. " Landscape plans completed. " Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.
    151 days
    |
    26
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Rosella 602-920-2438,

    Kidder Mathews

    Source: ARMLS,MLS#: 6986821MLS Logo

      Facts & features

      Property

      Lot
      • Size: 2.08 Acres
      • Dimensions: 126 x 37 x 130 x 175 x 199 x 199 x 214
      Details
      • Parcel number: 12258131
      • Zoning: R-3

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Subdivision: 28TH STREET LOFTS
      HOA
      • Has HOA: No
      Location
      • Region: Phoenix

      Financial & listing details

      • Tax assessed value: $9,900
      • Annual tax amount: $3,269
      • Date on market: 2/19/2026
      • Cumulative days on market: 151 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/19/2026Listed for sale$1,700,000-34.5%
        Source: ARMLS #6986821 Report a problem
        3/21/2025Listing removed$2,595,000
        Source: ARMLS #6260088 Report a problem
        12/13/2023Listing removed--
        Source: ARMLS #6260088 Report a problem
        7/31/2021Listing removed$2,595,000
        Source: ARMLS #6260088 Report a problem
        7/9/2021Listed for sale$2,595,000
        Source: ARMLS #6260088 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$115 +2.7%$1,485 -31.3%
        2024$112 +2.8%$2,160 +211.7%
        2023$109 +2%$693 -42.3%
        2022$107 $1,200 +19.9%
        2021-- $1,001
        Find assessor info on the county website

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Mountain

        Getting around

        44 / 100
        Car-Dependent
        44 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Roosevelt 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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