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4202 S 3RD Street 5
Phoenix AZ 85040 US

$639,000

Active Listing ID 6883246
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Lot: 1.06 Acres
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Other

$639,000

Active Listing ID 6883246
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4202 S 3RD Street 5 Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family — Build up to 35 Units! By 3rd St & Broadway, this 46, 228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St! Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and freeways Maricopa Assessor Parcel # 113-13-011 This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market. Serious buyers only — priced to move. Multi-family gems like this don't last. Zoned. Positioned. Priced right. In Opportunity Zone. Let's build!

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Property Features

  • Facts
  • Lot Size: 1.06 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 639000
  • unparsedaddress: 4202 S 3RD Street
  • unitnumber: 5
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85040
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.06
  • lotsizeunits: Acres
  • lotsizearea: 1.06
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.40811
  • longitude: -112.069831
  • listagentfullname: Gregory P Johnson
  • listagentemail: unitedswrealty@gmail.com
  • listagentkey: 3yd-ARMLSAZ-gj010
  • listagentmlsid: gj010
  • listagentpreferredphone: 6027175115
  • listagentofficephone: 4809415114
  • listofficekey: 3yd-ARMLSAZ-unit01
  • listofficemlsid: unit01
  • disclaimer: Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • listingcontractdate: 2025-06-20
  • listagenturl: http://UnitedSouthwestRealty.com
  • countyorparish: Maricopa
  • parcelnumber: 113-13-011
  • elementaryschooldistrict: Phoenix Union High School District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.06983, 33.40811
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"GREG JOHNSON", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"unitedswrealty@gmail.com", "ListBrokerageCity":"SCOTTSDALE", "ListBrokerageCountry":"US", "ListBrokerageEmail":"unitedswrealty@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/ARMLSAZ/75811641cbca11dea46100065bf395fa/20170516214449906.png", "ListBrokerageName":"GREG JOHNSON", "ListBrokeragePhone":"(602) 717-5115", "ListBrokeragePostalCode":"85251", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8601 E HAZELWOOD ST", "ListBrokerageWebsiteUrl":"http://UnitedSouthwestRealty.com", "ListOfficeAddress1":"8601 E Hazelwood Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"gj010", "ListOfficeCity":"Scottsdale", "ListOfficeCountry":"US", "ListOfficeEmail":"unitedswrealty@gmail.com", "ListOfficePostalCode":"85251", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"Land - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4202-S-3rd-St-Lot-5_Phoenix_AZ_85040_M97833-09035?f=listhub&s=ARMLSAZ&m=6883246&c=rexren", "MLSModificationTimestamp":null, "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Land", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2815, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/17/2025 11:33:23 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Gregory P Johnson, United Southwest Realty, unitedswrealty@gmail.com

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.