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Multi-Family Zoned Vacant Land
For Sale
$250,000

1724 W DESERT COVE Avenue -, Phoenix, AZ 85029

Vacant residential lot zoned R-3 with city utilities access, suited for multi-family development or related investment planning.

Property SizeContact for details
Days on Market161

Property Features for 1724 W DESERT COVE Avenue -

General Information

Standard status Active
Property subtype Lots/Land
Zoning R-3

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $667
Listing Agency: Realty ONE Group
Listed By: Christopher J Miller · License #SA710286000
Source: Exitrealty
Added: Mar 18 Changed: Aug 8 Last Checked: Jul 3 at 7:25PM

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 Realty ONE Group

Investment Insights

Based on property information with market context.

This is a vacant residential lot positioned for future development, with zoning designated R-3 for multi-family use. The property includes access to city utilities, which supports planning for residential construction. The site is described as being surrounded by existing multi-family homes, offering a consistent neighborhood context for a planned residential project.

The location is in Phoenix, with the property noted as being convenient to schools, shopping, dining, entertainment, and parks. Prospective buyers should confirm all site-specific conditions and development requirements, including zoning compliance and any permitting steps, as part of their due diligence.

For developers and investors evaluating multi-family opportunities, the R-3 zoning and utility access provide a practical starting point for designing a residential project on the site. The seller is willing to consider seller carry financing, which may be useful for qualified buyers structuring their purchase and timeline. Interested parties should review local development standards and utility details directly to determine feasibility and site plan parameters.

Key Highlights

  • Vacant residential lot in Phoenix
  • Zoned R‑3 for multi‑family use
  • Includes access to city utilities

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Cafe & Coffee Shop Locksmith Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby

Demographics for 85029, AZ

47,101
Population
19,723
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
5,011
Density / Sq Mi
$60,384
Median Household Income
$37,282
Median Earnings
$1,319
Median Rent
$307,800
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 - Vacant residential lot zoned R-3 with city utilities access, suited for multi-family development or related investment planning.
Where is this residential land & home lot located?
The property is located at 1724 W DESERT COVE Avenue - Phoenix, AZ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Vacant residential lot in Phoenix; Zoned R‑3 for multi‑family use; Includes access to city utilities
More about this property
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