1152 E MONROE Street #15 new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85034
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Porter Baxter Subdivision Of Tract B Murphys Addit
MLS Listing ID 6804118
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $7,075
Tax Year 2024
Lot Size 0.541 Acres
Acres 0.54
Lot Dimensions 235' X 104'
Property Description
Exceptional redevelopment opportunity in Downtown Phoenix, AZ. +/-23,500 SFT property, Zoned R-5, potential for higher density development under
Walkable Urban Code and in an Opportunity Zone with potential for tax incentives. - Buyer and their experts to verify. The site is primed for transformation into multi-family housing, a modern light office space, or mixed-use development. Positioned near two key light rail stops at 12th Street and Washington, and 12th Street and Jefferson and convenient access to the I-10 and SR 51 freeways, the property ensures unparalleled accessibility. Located just 3/4 mile from the vibrant Stadium/Arena district, offering an abundance of dining, entertainment, and services.
Location
State AZ
County Maricopa
Community Porter Baxter Subdivision Of Tract B Murphys Addit
Zoning R5
Direction Van Burn North on 12th St to Monroe. Washing St South on 12th St to Monroe.
Exterior
Fence Chain Link
Topography Level
Building
Lot Description Historic District
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Lowell Elementary School
Middle Schools Lowell Elementary School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-43-016
Acceptable Financing 1031 Exchange,Conventional
Horse Property N
Listing Terms 1031 Exchange,Conventional
Special Listing Condition Owner/Agent