Prime R-5 Zoned Corner Lot Near Downtown Phoenix! Discover an excellent investment opportunity in a rapidly developing area surrounded by new multi-unit projects. This R-5 zoned corner lot offers convenient access to downtown Phoenix and is located just minutes from the heart of the city. Power, water, and sewer are nearby, making this an attractive site for future development. A new park is planned just around the corner, and the light rail is conveniently located within the immediate area. Whether you're looking to build multi-family housing or pursue your next investment project, this prope
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 grouped with the current listings without a reported bedroom count in Phoenix. Its asking price falls near the 35th 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
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 $344,950, and the median is $202 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 |
|---|---|---|---|---|
| 1630 E ADAMS Street, Phoenix, AZ 85034 | Aug 3, 2026 | 2 bd · 728 sqft | $289,900 | 0.3 mi |
| 329 N 17TH Drive, Phoenix, AZ 85007 | Jun 25, 2026 | 4 bd | $505,000 | 0.3 mi |
| 377 N 15TH Street, Phoenix, AZ 85006 | Sep 21, 2026 | 8 bd | $550,000 | 0.5 mi |
| 1426 E WASHINGTON Street 19 & 20, Phoenix, AZ 85034 | May 1, 2026 | — | $400,000 | 0.6 mi |
| 1417-1421 E WASHINGTON Street, Phoenix, AZ 85034 | Jul 3, 2026 | — · 5,630 sqft | $975,000 | 0.6 mi |
| 1438 E Jackson Street, Phoenix, AZ 85034 | Aug 1, 2026 | — | $46,750 | 0.6 mi |
| 2159 E MCKINLEY Street, Phoenix, AZ 85006 | Jun 16, 2026 | 3 bd · 1,258 sqft | $260,000 | 0.6 mi |
| 1010 N 18TH Street, Phoenix, AZ 85006 | Jul 15, 2026 | 2 bd · 1,264 sqft | $250,000 | 0.7 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
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
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