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● For sale

$890,000

5437 S 4TH Street, Phoenix, AZ 85040

REXMERE HEIGHTS · Maricopa County

7 beds 7 baths 862 sqft 1.37 acres Built 1920 $1,032 /sqft No HOA

95 days on market

What's special

No HOA

Description

Rare 1.367-acre (59,555 sq ft) R4-zoned infill opportunity in central Phoenix just minutes from Downtown. Large residential parcel offering significant development potential in an established neighborhood experiencing ongoing growth and redevelopment. City zoning allows for multiple residential configurations (buyer to verify density, lot split potential, and permitted uses). Flat, usable land with irrigation and convenient access to major transportation corridors, schools, shopping, and employment centers. Parcels of this size within the city limits are increasingly scarce. The value is in the land and its long-term development potential. Great investor opportunity!

Property details

Interior

Bedrooms

Bedrooms: 7

Bathrooms

Total Bathrooms: 7
Full Bathrooms: 7

Interior Features

Flooring: Other

Appliances

Gas Range
Electric Range
Laundry Features: See Remarks

Heating and Cooling

Cooling Features: Central Air, See Remarks
Heating Features: Heat Pump

Other Interior

Stories: 1

Exterior

Exterior and Lot Features

Fencing: See Remarks

Land Info

Dirt Front
Dirt Back
Lot Size Acres: 1.37
Lot Size Square Feet: 59,555

Garage and Parking

Carport Spaces: 2
Attached Garage: No
Parking Features: Off Street

Community

Homeowners Association

Association: No
Association Fee Includes: No Fees

Neighborhood

Subdivision: REXMERE HEIGHTS

Listing

Other Property Info

Annual Tax Amount: $3,477
Source Listing Status: Active
County: Maricopa
Property Subtype: Single Family Residence
Parcel Number: 113-45-047-B
Postal City: Phoenix
Listing Date: 2/26/2026
MLS#: 6991708

Features

Building and Construction

Total Square Feet Living: 862
Year Built: 1920
Property Age: 106
Construction Materials: Other, Painted
Roof: Other
Stories: 1
Living Area Source: Assessor

Utilities

Water Source: Public

Contact Us

Ask a question or schedule a showing

Listed by Maria Stamate eXp Realty

Listing updated: April 17, 2026

MLS#: 6991708

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.