Search
Vacant Multifamily Development Site
For Sale
$150,000

4320 S 20th Place 9, Phoenix, AZ 85040

Cleared vacant multifamily lot in Phoenix, AZ, ready for a new build, parking additions, or redevelopment.

Property SizeContact for details
Days on Market41

Property Features for 4320 S 20th Place 9

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $498
Listing Agency: My Home Group Real Estate
Listed By: Adam Gillick · License #SA653049000
Source: Exitrealty
Added: Jul 15 Changed: Aug 8 Last Checked: Jul 16 at 2:03AM

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 My Home Group Real Estate

Investment Insights

Based on property information with market context.

This is a vacant multifamily lot that has been cleared for development. The prior home on the parcel was removed many years ago, leaving a ready site for your next project. The property offers flexibility for a new multifamily build and potential improvements such as additional parking, as well as redevelopment options that fit your plan.

Located at 4320 S 20th Place 9 in Phoenix, AZ 85040, the lot can also be purchased with the neighboring fourplex to create a combined investment package. If you’re looking for land that can accommodate future expansion, additional tenant parking, or a phased redevelopment approach, this cleared parcel provides the basic groundwork to get started.

The site is being marketed as an opportunity to own a vacant lot suitable for multifamily development, with the removed-home condition supporting a straightforward path toward planning and construction.

Key Highlights

  • Cleared vacant multifamily lot in Phoenix, AZ, ready for a new build
  • Previous home has been removed, leaving a cleared parcel
  • Land offers flexibility for adding parking and redevelopment options

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Spa & Massage Center Gym & Fitness Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
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 - Cleared vacant multifamily lot in Phoenix, AZ, ready for a new build, parking additions, or redevelopment.
Where is this residential land & home lot located?
The property is located at 4320 S 20th Place 9 Phoenix, AZ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Cleared vacant multifamily lot in Phoenix, AZ, ready for a new build; Previous home has been removed, leaving a cleared parcel; Land offers flexibility for adding parking and redevelopment options
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message