R-5 Multifamily Development
For Sale
$169,000
1521 West McKinley Street Unit 19, Phoenix, AZ 85007
Residentially zoned R-5 parcel with development potential near Downtown Phoenix.
Property Size6,375 SF
Price / SF$26.51
Days on Market308
Property Features for 1521 West McKinley Street Unit 19
General Information
Standard status
Active
Size
6,375 SF
Property subtype
Land
Zoning
R-5
Taxes and HOA fees
Annual Taxes
$1,532
Amenities
0.0
2
Listing Agency:
A.Z. & Associates
(623) 262-8283
Listed By:
Lorinda Fernandez · License #SA658525000
(623) 262-8283
Source:
Compass
Added: Oct 10, 2025
Changed: Aug 8
Last Checked: Mar 25 at 4:13PM
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 A.Z. & Associates
Investment Insights
Based on property information with market context.
This is a for-sale residential development lot zoned R-5, presented as an opportunity for potential multifamily development. Lot lines shown in the provided photos are approximate.
The parcel is located in Phoenix with proximity to Downtown Phoenix, as well as medical centers, shopping, dining, and entertainment.
An additional parcel is also for sale on the same street, which may support investor plans to expand or assemble a larger multifamily project.
The parcel is located in Phoenix with proximity to Downtown Phoenix, as well as medical centers, shopping, dining, and entertainment.
An additional parcel is also for sale on the same street, which may support investor plans to expand or assemble a larger multifamily project.
Key Highlights
- R‑5 zoned residential parcel in Phoenix with multifamily development potential
- Two lots included (Number Of Lots: 2)
- Location is near Downtown Phoenix and close to medical centers, shopping, dining, and entertainment
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,578
Businesses Nearby
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residentially zoned R-5 parcel with development potential near Downtown Phoenix.
Where is this residential land & home lot located?
The property is located at 1521 West McKinley Street Unit 19 Phoenix, AZ.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: R‑5 zoned residential parcel in Phoenix with multifamily development potential; Two lots included (Number Of Lots: 2); Location is near Downtown Phoenix and close to medical centers, shopping, dining, and entertainment
