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    Shovel-Ready 20-Unit Multifamily Project Title is generated by Realmo AI

    320 E Hatcher Road, Phoenix, AZ 85020

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    Claim this Listing
    New
    For Sale
    $674,900

    MULTI_FAMILY - Phoenix, AZ

    Property size:
    16,396 SF
    Price / SF:
    $41/SF
    Added:
    Jun 11, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 16 at 11:06 pm

    Property Features for 320 E Hatcher Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    R5
    Security features
    Security Lighting
    Standard status
    Active
    APN
    159-45-141

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1 HATCHER APARTMENTS MCR 189017
    Tax Annual Amount
    2498

    Building Details

    Year built
    2026
    Number of units
    20
    Flooring type
    Vinyl
    Building materials
    Wood Frame, Stucco
    Roof type
    Foam

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    Listing Contact
    Keith Grayson

    Listing agent Keith Grayson

    Listing office Grayson Real Estate 8025 N 12th St, Phoenix, AZ

    Listing date Jun 11, 2026

    MLS# 7040399 Listing URL

    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.

    HighLights

    • 2‑story, 20‑unit multi‑family project currently under construction, built in 2026
    • Zoned R‑5 High Density Multi‑Family and located within the Hatcher District Overlay allowing restaurants, office, and retail in new developments
    • Parking includes 10 garages plus 20 additional surface parking spaces
    • Unit mix: 4 three bed/2 bath, 6 two bed/2 bath, 2 one bed/1 bath, and 8 studios
    • Project development size is 16,396 SF; plans set conveys with sale
    • Construction materials include wood frame and stucco with vinyl flooring and a foam roof

    Overview

    This shovel-ready, fully approved two-story, 20-unit multifamily project is being offered with the plan set included in the sale, and is awaiting a developer to pull permits. The development is zoned R-5 High Density Multi-Family and is within the Hatcher District Overlay. The unit mix includes four three-bedroom/two-bath residences, six two-bedroom/two-bath residences, two one-bedroom/two-bath residences, and eight studio units.

    The project is located at 320 E Hatcher Road in Phoenix, AZ 85020. Parking for the development includes 10 garages and 20 additional surface parking spaces. The project is described with 16,396 square feet of development area. The Hatcher District Overlay allows restaurants, office, and retail within new developments.

    For developers or investors looking for an approved multifamily framework, this offering provides a complete, permit-ready development package with defined unit composition and on-site parking. The seller carry is available, which may be of interest for qualifying buyers working through construction start timelines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.068697
    Latitude
    33.571655

    FAQs

    What type of property is this?
    Apartment building - Fully approved, shovel-ready multifamily plan set awaits permit pull, with parking for 30 vehicles and a clear unit mix.
    Where is this apartment building located?
    The property is located at 320 E Hatcher Road Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: 2‑story, 20‑unit multi‑family project currently under construction, built in 2026; Zoned R‑5 High Density Multi‑Family and located within the Hatcher District Overlay allowing restaurants, office, and retail in new developments; Parking includes 10 garages plus 20 additional surface parking spaces
    More about this property
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