About 1624 E Portland Street (unit -)
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.
Features of 1624 E Portland Street (unit -)
| MLS® # | 7022190 |
|---|---|
| Price | $1,250,000 |
| Acres | 1.34 |
| Type | Land |
| Status | Active |
Community Information
| Address | 1624 E Portland Street (unit -) |
|---|---|
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85006 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
School Information
| District | Phoenix Union High School District |
|---|
Additional Information
| Zoning | C-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | R.O.I. Properties |
|---|