Multifamily Development
For Sale
Contact for pricing
1020 E MOHAVE ST, Phoenix, AZ 85034
Fully fenced lot with utilities in place, suitable for constructing two or three residential units.
Property SizeContact for details
Days on Market70
Property Features for 1020 E MOHAVE ST
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
R-3
Investment Type
Redevelopment
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Opportunity Zone
Yes
Multifamily Units
3
Building Details
Year Built
1948
Buildings
1
Stories
1
Units
4
Listing Agency:
Grayson & Grayson
(602) 418-2950
Listed By:
Keith Grayson · License #BR636932000
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Jul 15 at 11:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grayson & Grayson
Investment Insights
Based on property information with market context.
This multifamily development site supports the construction of 2 or 3 units and is presented as vacant land, with the building shown in the photo removed. Utilities remain in place on the property, and the site is fully fenced with a block wall, helping define the parcel for development planning and management.
The property is located at 1020 E MOHAVE ST in Phoenix, Arizona. The seller notes the site is in an Opportunity Zone, which may be relevant to eligible investor criteria.
For buyers and developers looking for a small-lot multifamily opportunity, the ability to build two or three units can support a range of residential project concepts. With utilities already in place and fencing in place around the perimeter, the property may reduce initial site preparation needs relative to undeveloped parcels that require complete utility and boundary installation. The seller may also carry, subject to an executed agreement.
The property is located at 1020 E MOHAVE ST in Phoenix, Arizona. The seller notes the site is in an Opportunity Zone, which may be relevant to eligible investor criteria.
For buyers and developers looking for a small-lot multifamily opportunity, the ability to build two or three units can support a range of residential project concepts. With utilities already in place and fencing in place around the perimeter, the property may reduce initial site preparation needs relative to undeveloped parcels that require complete utility and boundary installation. The seller may also carry, subject to an executed agreement.
Key Highlights
- Multifamily development site allowing 2 or 3 units to be constructed
- Located in an Opportunity Zone
- Fully fenced with block wall
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 85034, AZ
5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully fenced lot with utilities in place, suitable for constructing two or three residential units.
Where is this residential land & home lot located?
The property is located at 1020 E MOHAVE ST Phoenix, AZ.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Multifamily development site allowing 2 or 3 units to be constructed; Located in an Opportunity Zone; Fully fenced with block wall
