$350,000
PENDING

1401 E Wood St Unit 24 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $1,997/month

0.72 Acre
$486,111 Price per Acre
31,363 Sq Ft Lot

Highlights

  • 0.72 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

About This Lot

Multifamily Development Opportunity at 1401 E Wood St, Phoenix, AZ 85040. Seize this rare chance to own a 0.72-acre parcel zoned R-4, allowing for the development of up to 20 units in a thriving location. Situated in both an opportunity zone and a QCT-qualified census tract, it presents substantial tax incentives for investors. The lot offers easy access to the I-10 freeway, setting the stage for effortless commuting to Downtown Phoenix, and the Sky Harbor Airport. The scenic South Mountain Park and Preserve is in proximity. Build a prosperous future in a booming locale, and watch your vision come to life at 1401 E Wood Street.

Listing Agent

Reggie Joyner

Get Multifamily License #SA704874000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $521

Lot Details

  • 0.72 Acre Lot
  • Level Lot
  • Property is zoned R-4

Community Details

  • No Home Owners Association
  • Centergrove Tract 1 Through 16 Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 113-26-011

Property Details

Property Type

Land

Est. Annual Taxes

$521

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Broadway
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-4
  • Tax Year: 2022
  • Directions: From 16th Street & Broadway, head west to 13th Street, north to Wood Street, east to property located on the south side of Wood Street.
  • Horses: No
  • Lot Size Acres: 0.72
  • Road Surface Type: Asphalt
  • Subdivision Name: CENTERGROVE TRACT 1 THROUGH 16
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: UNK
  • Lot Size Sq Ft: 31363.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 113-26-011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 521.0
  • Tax Book Number: 113.00
  • Tax Lot: 24
  • Tax Map Number: 26.00

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Pending -- -- --
03/10/2025 03/10/25 Price Changed $350,000 0.0% --
03/10/2025 03/10/25 For Sale $350,000 +9.4% --
02/28/2025 02/28/25 Sold $320,000 -8.6% --
01/06/2025 01/06/25 For Sale $350,000 0.0% --
01/01/2025 01/01/25 Off Market $350,000 -- --
12/17/2024 12/17/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $350,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6729598

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85040 South Mountain

1401 E Wood St Unit 24, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1401 E Wood St Unit 24, Phoenix, AZ 85040 and is currently priced at $350,000. 1401 E Wood St Unit 24 is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Listing Agent
Reggie Joyner
Section Image
Get Multifamily
(480) 247-1437