1624 E Portland Street -, Phoenix, AZ 85006, Phoenix AZ 85006
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. W
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 grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 83rd percentile of that active group. The comparison uses 566 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 $318,000, and the median is $222 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 |
|---|---|---|---|---|
| 1114 N 18TH Street, Phoenix, AZ 85006 | Aug 27, 2026 | 5 bd · 2,157 sqft | $435,000 | 0.1 mi |
| 1110 N 18TH Street, Phoenix, AZ 85006 | Aug 13, 2026 | 2 bd · 868 sqft | $240,000 | 0.1 mi |
| 1010 N 18th st Street, Phoenix, AZ 85006 | Apr 27, 2026 | 2 bd · 1,264 sqft | $150,000 | 0.2 mi |
| 1709 E WILLETTA Street, Phoenix, AZ 85006 | Apr 24, 2026 | 4 bd · 1,496 sqft | $508,000 | 0.2 mi |
| 1010 N 18TH Street, Phoenix, AZ 85006 | Jul 15, 2026 | 2 bd · 1,264 sqft | $250,000 | 0.2 mi |
| 1433 E GARFIELD Street, Phoenix, AZ 85006 | Aug 5, 2026 | 4 bd · 1,802 sqft | $400,000 | 0.4 mi |
| 1335 E MORELAND Street, Phoenix, AZ 85006 | Jun 25, 2026 | 2 bd · 1,064 sqft | $386,000 | 0.4 mi |
| 0000 E XXXXXXXX Avenue, Phoenix, AZ 85018 | Jun 15, 2026 | — | $187,500 | 0.4 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.
- $1,250,000 · Active
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Similar active homes in Phoenix
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