Entitled Multifamily Townhome
For Sale
Contact for pricing
1616 E PORTLAND ST, Phoenix, AZ 85006
Entitled site approved for 17 townhomes for rent, zoned C-2, with direct I-10 access.
Property Size58,492 SF
Lot Size1.34 Acres
Price / SF$21.37
Days on Market104
Property Features for 1616 E PORTLAND ST
General Information
Standard status
Active
Size
58,492 SF
Lot size
1.34 Acres
Property subtype
Land
Zoning
C-2
Additional Details
Opportunity Zone
Yes
Highway Access
Yes
Building Details
Units
2
Listing Agency:
R.O.I. Properties
(602) 319-1326
Listed By:
Beth Jo Zeitzer · License #AZ BR044331000
Source:
Crexi
Added: May 1
Changed: Aug 8
Last Checked: May 8 at 7:41AM
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 R.O.I. Properties
Investment Insights
Based on property information with market context.
This ±1.34-acre infill site at 1616 E Portland St, Phoenix, AZ is an entitled, shovel-ready multifamily opportunity approved for 17 townhomes for rent. The property is also identified as being within an Opportunity Zone and a Qualified Census Tract.
Zoned C-2, the site may support a range of alternative commercial concepts in addition to the approved multifamily plan, including self-storage and specialty or high-end vehicle storage. The site offers direct access to I-10 and is described as being close to Roosevelt Row amid ongoing residential development in Downtown Phoenix.
With the approved 17-townhome configuration already in place, this property is positioned for an ownership or development team looking for an entitled multifamily path with the flexibility associated with C-2 zoning.
Zoned C-2, the site may support a range of alternative commercial concepts in addition to the approved multifamily plan, including self-storage and specialty or high-end vehicle storage. The site offers direct access to I-10 and is described as being close to Roosevelt Row amid ongoing residential development in Downtown Phoenix.
With the approved 17-townhome configuration already in place, this property is positioned for an ownership or development team looking for an entitled multifamily path with the flexibility associated with C-2 zoning.
Key Highlights
- 1.34‑acre infill site approved for 17 townhomes for rent
- Zoned C‑2
- Entitlements described as shovel‑ready
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,778
Businesses Nearby
Explore this area
Business Placement
Demographics for 85006, AZ
23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled site approved for 17 townhomes for rent, zoned C-2, with direct I-10 access.
Where is this residential land & home lot located?
The property is located at 1616 E PORTLAND ST Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1.34‑acre infill site approved for 17 townhomes for rent; Zoned C‑2; Entitlements described as shovel‑ready
