Development Opportunity! This rare R-3/R-I Multi-Family Residential infill lot parcel sits on over 1/3 acre in the heart of central Phoenix with no HOA, alley access, and utilities already on site. Ideally located near SR-51, I-10, Phoenix Children's Hospital, downtown Phoenix, and the Biltmore corridor. Situated between a recently completed condominium development and an apartment complex, this property is surrounded by continued growth. The existing home and detached garage are not habitable and are being sold as-is, with the primary value in the land. Buyers to verify zoning, development s
CloseDaily local analysis
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
This property is offered at $274 per square foot, compared with a $212 median for active 2-bedroom homes in Phoenix. Its asking price falls near the 77th percentile of that active group. The comparison uses 1,733 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
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
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 $465,000, and the median is $313 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 |
|---|---|---|---|---|
| 1748 E MONTE VISTA Road, Phoenix, AZ 85006 | Apr 30, 2026 | 2 bd · 960 sqft | $475,000 | 0.1 mi |
| 1630 E HARVARD Street, Phoenix, AZ 85006 | May 29, 2026 | 3 bd · 1,462 sqft | $455,000 | 0.2 mi |
| 2310 N 16TH Street, Phoenix, AZ 85006 | Sep 11, 2026 | — · 12,027 sqft | $2,057,755 | 0.2 mi |
| 1848 E OAK Street, Phoenix, AZ 85006 | Apr 15, 2026 | 2 bd · 894 sqft | $265,000 | 0.3 mi |
| 1914 E MONTE VISTA Road, Phoenix, AZ 85006 | Jul 17, 2026 | 4 bd · 1,235 sqft | $389,000 | 0.3 mi |
| 2533 N 16TH Street, Phoenix, AZ 85006 | Aug 28, 2026 | — · 7,933 sqft | $3,200,000 | 0.3 mi |
| 1526 E CORONADO Road, Phoenix, AZ 85006 | Apr 10, 2026 | 3 bd · 1,949 sqft | $845,000 | 0.3 mi |
| 1904 E HARVARD Street, Phoenix, AZ 85006 | Sep 9, 2026 | 3 bd · 999 sqft | $299,500 | 0.3 mi |
MLS timeline
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.
Continue comparing
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