2543 E Broadway Road Unit 13, Phoenix, AZ 85040

$135,000

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Sold Price
$135,000
List Price
$148,000
Closing Date
Oct 15, 2025
Days on Market
140
Status
CLOSED
MLS#
6872613
City
Phoenix
Lot Size
14,136
Subdivision
Broadway Estates Lots 137-158

Property Description

Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often. Parcels: 122-57-003-A & 112-57-005-A

Additional Information

Acres
0.32
Electric
APS
Lot Size
14,136
New Financing
Cash, Conventional
Subdivision
Broadway Estates Lots 137-158
Taxes
$488
Tax Year
2022
Vegetation
Natural Vegetation
Water
City Franchise
Zoning
R-5

Courtesy of Compass. 480-776-1555 Selling Office: Libertas Real Estate.

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