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Vacant Multifamily Development Lot
For Sale
$140,000

4230 S 20th Place, Phoenix, AZ 85040

Land, Phoenix, AZ

Property SizeContact for details
Lot Size0.17 Acres
Days on Market49

Property Features for 4230 S 20th Place

General Information

Property type Land
Property subtype Other
Zoning Multi- Family
Subdivision HARLEM HOMES
Elementary school Percy L Julian School
Middle school Percy L Julian School
High school South Mountain High School
Elementary school district Roosevelt Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Head east on E Broadway Road (0.5 mi). Property is just after S 20th Street on North side of road.
Standard status Active
APN 122-36-042
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 498

Utilities

Sewer type Public Sewer
Listing Agency: My Home Group Real Estate
Listed By: Adam Gillick · License #SA653049000
Added: Jul 7 Changed: Aug 21 Last Checked: Aug 24 at 6:06PM
MLS# 7050959

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 offering is a cleared, vacant multifamily lot in Phoenix. The prior home on the parcel was removed many years ago, leaving a clean site ready for a new multifamily project, site improvements, or redevelopment planning. The property size is 0.1733 acres, providing room to consider on-site parking additions as part of the next development concept.

The lot is zoned Multi-Family. The listing also notes the availability of an investment package when purchased together with the neighboring fourplex, allowing additional flexibility for a combined ownership strategy.

For development, investors, or builders looking for a straightforward build-site, the cleared condition and multifamily zoning support a range of redevelopment approaches centered on new construction and parking/site enhancements.

Key Highlights

  • Vacant multifamily lot with a cleared parcel—previous home was removed many years ago
  • Public sewer available
  • Extra land provides flexibility for future expansion, additional tenant parking, or redevelopment

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Spa & Massage Center Gym & Fitness Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared vacant lot zoned for multifamily use at 4230 S 20th Place.
Where is this residential land & home lot located?
The property is located at 4230 S 20th Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Vacant multifamily lot with a cleared parcel—previous home was removed many years ago; Public sewer available; Extra land provides flexibility for future expansion, additional tenant parking, or redevelopment
More about this property
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