Phoenix Land Near
For Sale
$199,000
2203 W JEFFERSON Street, Phoenix, AZ 85009
LAND - Phoenix, AZ
Property SizeContact for details
Lot Size0.22 Acres
Days on Market464
Property Features for 2203 W JEFFERSON Street
General Information
Property type
Land
Property subtype
Other
Zoning
R5
Subdivision
CAPITOL ADDITION
Lot features
Corner Lot
Elementary school
Mary Mcleod Bethune School
Middle school
Mary Mcleod Bethune School
High school
Metro Tech High School
Elementary school district
Phoenix Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
Directions
On the Southwestern corner of Jefferson St and 22nd Ave
Standard status
Active
APN
109-48-097-A
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CAPITOL ADD LOTS 1 & 2 BLK 40 EX S 50F OF LOT 1 & EX S 50F OF E 35F OF LOT 2
Tax Annual Amount
549
Legal Description
CAPITOL ADD LOTS 1 & 2 BLK 40 EX S 50F OF LOT 1 & EX S 50F OF E 35F OF LOT 2
Utilities
Sewer type
Public Sewer
Listing Agency:
Russ Lyon Sotheby's International Realty
(480) 287-5200
Listed By:
Dorette A. Oppong-Takyi · License #BR642230000
(480) 286-3242
Added: May 18, 2025
Changed: Aug 1
Last Checked: Aug 24 at 4:06PM
MLS# 6871932
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 corner vacant lot is situated on Jefferson Street within the Capitol Addition subdivision, less than ten minutes from downtown Phoenix. Zoned R5, the lot accommodates multi-family property development, presenting an excellent opportunity for a new construction project. This project could be for investment purposes or owner occupancy with the potential for supplementary income from additional units. Its advantageous position offers close proximity to several key landmarks, including the Arizona Capitol Museum, the Children's Museum of Phoenix, Japanese Friendship Garden of Phoenix, and the Phoenix Convention Center. The property is also located within a few blocks of the Phoenix Suns Arena and Chase Field. Convenient access to the I-17, I-10, and SR 51 freeways is available. The lot size is 0.2238 acres.
Key Highlights
- Prime corner vacant lot zoned for multi‑family development
- Excellent opportunity for new construction investment or owner‑occupancy with income potential
- Located less than ten minutes from downtown Phoenix
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
Explore this area
Business Placement
Demographics for 85009, AZ
50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Vacant lot near downtown Phoenix suitable for multi-family development.
Where is this land located?
The property is located at 2203 W JEFFERSON Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Prime corner vacant lot zoned for multi‑family development; Excellent opportunity for new construction investment or owner‑occupancy with income potential; Located less than ten minutes from downtown Phoenix
