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4622 S 7th Street #3, Phoenix, AZ 85040

Phoenix
Local realty services provided by:CENTURY 21 Arizona Foothills
4622 S 7th Street #3,Phoenix, AZ 85040
$399,000
  • 0.44 Acres
  • Lots / Land
  • Active
Listed by: john p galaviz
Office: exp realty
MLS#:7042737
Source:ARMLS

Price summary

  • Price:$399,000

About this home

Excellent development opportunity near the Valley Metro light rail B Line. This oversized 0.44-acre lot measures approximately 110 feet by 174 feet and is zoned R-5, one of Phoenix's higher-density multifamily residential zoning classifications. R-5 zoning may accommodate apartments, condominiums, townhomes, attached housing, or multiple residential units on a single property, subject to City of Phoenix approval, development standards, parking, setbacks, access, and site-plan requirements. The city's published zoning guidance identifies a base multifamily density of approximately 43.5 dwelling units per gross acre, with potential density bonuses available for qualifying developments. Utilities are already located on or adjacent to the property, including an electric pole at the northwest corner, a water meter at the sidewalk, and a capped sewer line near the tree and pedestrian gate, identified by a concrete block. The property is enclosed by a block fence and offers a compelling...

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Home facts

  • Subdivision & Development:BAILIE SUB
  • Listing ID #:7042737
  • Updated:July 30, 2026 at 04:04 PM

Structure and exterior

  • Lot area:0.44 Acres

Utilities

  • Water:City Franchise
  • Sewer:Sewer Available, Sewer in & Connected

Finances and disclosures

  • Price:$399,000
  • Tax amount:$621 (2025)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Floyd Scott

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