Multifamily Land in Fountain
For Sale
$359,900
16328 E ARROW Drive, Fountain Hills, AZ 85268
LAND - Fountain Hills, AZ
Property SizeContact for details
Lot Size0.48 Acres
Days on Market378
Property Features for 16328 E ARROW Drive
General Information
Property type
Land
Property subtype
Other
Zoning
R-3
Subdivision
FOUNTAIN HILLS ARIZONA FINAL PLAT NO 111
Lot features
Cul-De-Sac, North/ South Exp, Adjacent to Wash
Elementary school
McDowell Mountain Elementary School
Middle school
Fountain Hills Middle School
High school
Fountain Hills High School
Elementary school district
Fountain Hills Unified District
Middle school district
Fountain Hills Unified District
High school district
Fountain Hills Unified District
Standard status
Active
APN
176-01-391
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
FOUNTAIN HILLS AZ FINAL PLAT NO 111
Tax Annual Amount
656
Legal Description
FOUNTAIN HILLS AZ FINAL PLAT NO 111
Utilities
Sewer type
Public Sewer
Water source
Private
Listing Agency:
RETSY
(602) 842-0000
Listed By:
Zeljko Minic
(602) 214-5157
Added: Aug 17, 2025
Changed: Aug 3
Last Checked: Aug 29 at 1:06AM
MLS# 6907193
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.48-acre property is located in Fountain Hills, Arizona, and is zoned R-3 for multifamily use. The property was previously approved for five units. It is suitable for residential development.
Key Highlights
- Zoned for multifamily use, presenting an excellent investment opportunity.
- Previously approved for 5 units, streamlining the development process.
- Public sewer access available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 85268, AZ
24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,172
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Land zoned for multifamily use, previously approved for five units.
Where is this land located?
The property is located at 16328 E ARROW Drive Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Zoned for multifamily use, presenting an excellent investment opportunity.; Previously approved for 5 units, streamlining the development process.; Public sewer access available.
