AZ
Maricopa
Phoenix
85040
3108 E SOUTHERN Avenue 5
3108 E SOUTHERN Avenue 5, Phoenix, AZ 85040
Share Listing
Listing Type
Lots/Land
Listing Status
active
10
$715,000

Home Details for 3108 E SOUTHERN Avenue 5

Price
$715,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.48
County
Maricopa
Garage
Days on site
65
Listing #
6894694
Listing Courtesy: My Home Group Real Estate - 480-685-2760
Property Description

This 1.5-acre property, zoned R5, offers incredible potential for development of up to 63 units. The owner has already completed studies for multiple configurations, including: 24 units in six fourplexes, 32-unit apartment complex, 52-unit apartment complex The location is unbeatable—minutes from Sky Harbor Airport, Tempe ASU, and Downtown Phoenix, making it ideal for workforce housing, student housing, or a luxury rental community. Flexible financing options available! The seller may be willing to carry a short-term note, making this an attractive opportunity for developers and investors looking to secure the property while finalizing plans or construction financing. Don't miss this versatile, strategically located development site in one of Phoenix's fastest-growing areas!

Property Features
  • Water Features
    • Public
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Last Updated: 2025-08-20 12:00:31
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64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
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480 791 4604
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