4622 S 7th Street #3, Phoenix, AZ 85040
Local realty services provided by:CENTURY 21 Desert Estates Realty
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 opportunity for a multifamily infill project, income-producing development, or custom residential concept in a transit-accessible location. Buyer to independently verify zoning, density, utilities, lot dimensions, development feasibility, and all information material to the buyer....
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Home facts
- Listing ID #:7042737
- Updated:June 17, 2026 at 04:34 AM
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)
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