4007 W Mcdowell Road Unit 623, Phoenix, AZ 85009
- $260,000
- Sold Price
- $260,000
- List Price
- $288,000
- Closing Date
- Dec 09, 2024
- Days on Market
- 88
- Status
- CLOSED
- MLS#
- 6759712
- City
- Phoenix
- Lot Size
- 18,150
- Subdivision
- Winona Park 5
Property Description
Prime Development Opportunity!! This high-density residential-zoned lot offers the potential for up to 24 units with 110' of prime frontage along McDowell Road. Situated in a Qualified Census Tract (QCT), the property is eligible for Low-Income Housing Tax Credits, making it an ideal investment. With an annual average household income of over $80,000 within a 1-mile radius, the area is ripe for development. Don't miss out on this rare opportunity!
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Additional Information
- Acres
- 0.42
- Electric
- SRP
- Lot Size
- 18,150
- New Financing
- Cash, Other (See Rmks), Seller Approve Terms, 1031 Exchange, Conventional
- Sewer
- Public Sewer
- Subdivision
- Winona Park 5
- Taxes
- $1,103
- Tax Year
- 2023
- Water
- City Franchise
- Zoning
- R-5
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Listing courtesy of Compass. Selling Office: WeDo Real Estate and Beyond.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.