1405 N 1ST Street, Phoenix, AZ 85004, Phoenix AZ 85004
APN: 111-35-085, 111-35-086, 111-35-100, 111-35-098 Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,540 square feet of office improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125 dwelling units per acre, the property offers significant redevelopment potentia
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $442 per square foot, compared with a $5 median for active listings without a reported bedroom count in Phoenix. Its asking price falls near the 91st percentile of that active group. The comparison uses 564 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $435,000, and the median is $320 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1326 N CENTRAL Avenue 209, Phoenix, AZ 85004 | Jun 11, 2026 | 1 bd · 1,275 sqft | $365,000 | 0.2 mi |
| 1326 N CENTRAL Avenue 413, Phoenix, AZ 85004 | Jun 22, 2026 | 2 bd · 1,491 sqft | $515,000 | 0.2 mi |
| 130 E CORONADO Road 16, Phoenix, AZ 85004 | May 28, 2026 | 1 bd · 975 sqft | $210,000 | 0.3 mi |
| 126 E CORONADO Road 17, Phoenix, AZ 85004 | Sep 29, 2026 | 1 bd · 975 sqft | $245,000 | 0.3 mi |
| 1130 N 2ND Street 214, Phoenix, AZ 85004 | Apr 20, 2026 | 1 bd · 683 sqft | $349,000 | 0.3 mi |
| 69 W LYNWOOD Street, Phoenix, AZ 85003 | Jun 15, 2026 | 5 bd · 3,661 sqft | $1,500,000 | 0.3 mi |
| 325 E CORONADO Road 20, Phoenix, AZ 85004 | Aug 17, 2026 | 2 bd · 1,718 sqft | $505,000 | 0.3 mi |
| 70 W LYNWOOD Street, Phoenix, AZ 85003 | Sep 18, 2026 | 3 bd · 1,414 sqft | $925,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $3,330,000 · Active
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