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    Shovel-Ready Multifamily Development Title is generated by Realmo AI

    320 E Hatcher Road, Phoenix, AZ 85020

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    Claim this Listing
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    For Sale
    $694,900

    MULTI_FAMILY - Phoenix, AZ

    Property size:
    16,396 SF
    Price / SF:
    $42/SF
    Added:
    Jun 11, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 11 at 3:06 pm

    Property Features for 320 E Hatcher Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    R5
    Security features
    Security Lighting
    Standard status
    Active
    APN
    159-45-141

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 1 HATCHER APARTMENTS MCR 189017
    Tax Annual Amount
    2498

    Building Details

    Year built
    2026
    Number of units
    20
    Flooring type
    Vinyl
    Building materials
    Wood Frame, Stucco
    Roof type
    Foam

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    Listing Contact
    Keith Grayson

    Listing agent Keith Grayson

    Listing office Grayson Real Estate 8025 N 12th St, Phoenix, AZ

    Listing date Jun 11, 2026

    MLS# 7040399 Listing URL

    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.

    HighLights

    • 2‑story, 20‑unit multi‑family project currently under construction, built in 2026
    • Zoned R‑5 High Density Multi‑Family and located within the Hatcher District Overlay allowing restaurants, office, and retail in new developments
    • Parking includes 10 garages plus 20 additional surface parking spaces
    • Unit mix: 4 three bed/2 bath, 6 two bed/2 bath, 2 one bed/1 bath, and 8 studios
    • Project development size is 16,396 SF; plans set conveys with sale
    • Construction materials include wood frame and stucco with vinyl flooring and a foam roof

    Overview

    This shovel-ready, fully approved two-story multifamily project is planned as a 20-unit development, zoned R-5 High Density Multi-Family. The plan set is included with the sale and the project is currently awaiting the next step to pull permits. The tenant mix is designed across 4 three-bedroom/two-bath units, 6 two-bedroom/two-bath units, 2 one-bedroom/two-bath units, and 8 studio units. Parking includes 10 garages and 20 additional surface spaces.

    The property is located at 320 E Hatcher Road in Phoenix, Arizona 85020, within the Hatcher District Overlay. The overlay permits restaurants, office, and retail within new developments, supporting mixed-use flexibility for qualifying plans.

    For developers and operators looking to move from approval to permitting, this package provides an already-approved framework with clear unit configuration and defined parking capacity. The included plan set can help streamline early pre-development work, while the R-5 zoning and overlay allowances may support a broader development approach for the right team.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.068697
    Latitude
    33.571655

    FAQs

    What type of property is this?
    Apartment building - Approved 20-unit, two-story project with on-site parking and unit mix designed for straightforward multifamily redevelopment.
    Where is this apartment building located?
    The property is located at 320 E Hatcher Road Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $694,900.
    What are key features of this property?
    This property features: 2‑story, 20‑unit multi‑family project currently under construction, built in 2026; Zoned R‑5 High Density Multi‑Family and located within the Hatcher District Overlay allowing restaurants, office, and retail in new developments; Parking includes 10 garages plus 20 additional surface parking spaces
    More about this property
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