Now offered at $900,000 (previously $1,100,000), this 2.68-acre parcel presents a compelling infill opportunity in a rapidly evolving South Phoenix corridor near South Mountain Park.Zoned R-3 with strong potential for multifamily use (buyer to verify density; conceptually ~45 units), and possible upside through rezoning to R-4 for increased density. Dual access from both 2nd Street and 3rd Street enhances site planning, circulation, and potential unit layout efficiency.Flat, usable acreage with existing improvements including a 3BD/2BA residence and a separate 1BD/1BA structure. Improvements require renovation. Additional features include a workshop, covered pavilion, and open land suitable for staging or phased use.Strategically located just two blocks from light rail with... convenient access to I-10 freeway, Loop 202, and Phoenix Sky Harbor International Airport, supporting strong connectivity for future residential demand.Surrounded by ongoing residential growth and positioned within a transit-accessible corridor, this site offers long-term upside for developers, builders, or land investors seeking scale in an infill location.Ideal for multifamily, build-to-rent, or land hold strategies.Buyer to verify zoning, density, utilities, and all material facts.Sold as-is.
Listed By
Agency Name: Prestige Realty
Agency Phone: 602-944-2100
Shown By
Agent Name: The Adlers
Agent Phone: (480) 267-5444
Agency Title: Arizona Best Real Estate
Estimated Payment
$ 2,471.18 per month $2,003.01 Principal & Interest $205.67 Property Tax $262.50 Homeowner's Insurance
“All information should be verified by the recipient and none is
guaranteed as accurate by ARMLS”
8047 S 2nd Street | MLS# 7017086
This single family home located at 8047 S 2nd Street, Phoenix, AZ 85042 is currently listed for sale with an asking price of $900,000. This property was built in 1966 and has 3 bedrooms with 1524 sq. ft. S 2nd Street is located in the PT LOT 7 N 5745 OF E 279 OF SW4 NE4 S OF CAN EX N 1 AC 268 AC subdivision within the Phoenix Union High School District school district. Search PT LOT 7 N 5745 OF E 279 OF SW4 NE4 S OF CAN EX N 1 AC 268 AC real estate on www.bestarizonahomes.com today.