● For sale

$1,250,000

1624 E Portland Street -, Phoenix, AZ 85006

Maricopa County

1.34 acres No HOA

31 days on market

What's special

No HOA

Description

This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle -- as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses -- including self-storage, specialty or high-end vehicle storage, and other commercial concepts -- for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developer ready to move.

Property details

Exterior

Exterior and Lot Features

Fencing: See Remarks

Land Info

Lot Size Acres: 1.34
Lot Size Square Feet: 58,492
Lot Size Dimensions: 224.88'' width x 331.30' depth

Community

Homeowners Association

Association: No

Listing

Other Property Info

Annual Tax Amount: $2,025
Source Listing Status: Active
County: Maricopa
Directions: Head west on I-10 W then Turn left at the 1st cross street onto E Portland St
Parcel Number: 116-15-096-B
Zoning: C-2
Postal City: Phoenix
Listing Date: 5/1/2026
On Market Date: 5/1/2026
MLS#: 7022190

Features

Utilities

Sewer: Other
Water Source: See Remarks

Contact Us

Ask a question or schedule a showing

Listed by Beth Jo Zeitzer& Jason Butler R.O.I. Properties

Listing updated: May 1, 2026

MLS#: 7022190

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.

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