4249 N 16TH Street -, Phoenix, AZ 85016, Phoenix AZ 85016
Rare opportunity to acquire a mixed-use development site in the heart of Central Phoenix. This vacant parcel features C-2 Commercial zoning at the front and R-3 Multifamily zoning at the rear, offering exceptional flexibility for residential, mixed-use, or commercial development. Plans have been submitted to the City of Phoenix for 8 modern townhomes. Highlights: Mixed C-2 & R-3 zoning Plans submitted for 8 townhomes High-visibility 16th Street frontage Utilities available Minutes from SR-51, Downtown Phoenix, Midtown, Camelback Corridor, and Sky Harbor Airport Ideal for townhomes,
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 82nd 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 $345,750, and the median is $366 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 |
|---|---|---|---|---|
| 1617 E TURNEY Avenue, Phoenix, AZ 85016 | Jun 30, 2026 | 2 bd · 830 sqft | $329,000 | 0.1 mi |
| 1614 E ROMA Avenue, Phoenix, AZ 85016 | Jun 15, 2026 | 4 bd · 1,326 sqft | $495,000 | 0.2 mi |
| 1714 E ROMA Avenue, Phoenix, AZ 85016 | Aug 5, 2026 | 3 bd · 1,448 sqft | $530,000 | 0.3 mi |
| 1624 E CAMPBELL Avenue 46, Phoenix, AZ 85016 | Sep 22, 2026 | 2 bd · 852 sqft | $255,000 | 0.3 mi |
| 4308 N 14TH Street, Phoenix, AZ 85014 | Apr 8, 2026 | 2 bd · 633 sqft | $277,000 | 0.3 mi |
| 1841 E MONTECITO Avenue, Phoenix, AZ 85016 | Aug 12, 2026 | 4 bd · 2,260 sqft | $825,000 | 0.3 mi |
| 4204 N 19TH Street, Phoenix, AZ 85016 | Apr 14, 2026 | 3 bd · 1,448 sqft | $362,500 | 0.3 mi |
| 4200 N 19TH Street, Phoenix, AZ 85016 | Apr 14, 2026 | 2 bd · 980 sqft | $315,000 | 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.
- $1,195,000 · Active
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