1010 N 18th Street, Phoenix, AZ 85006
- $250,000
- 2
- BD
- 2
- BA
- 1,264
- SqFt
- Sold Price
- $250,000
- List Price
- $269,000
- Closing Date
- Jul 15, 2026
- Days on Market
- 55
- Status
- CLOSED
- MLS#
- 7032653
- City
- Phoenix
- Bedrooms
- 2
- Bathrooms
- 2
- Living SQFT
- 1,264
- Lot Size
- 7,253
- Subdivision
- Grand View Annex
- Year Built
- 1928
- Type
- Single Family Residence
Property Description
Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7,253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units. The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review. The sellers are actively working on finalizing these entitlements; buy now at $269,000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy c capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status. Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1,264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!
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Additional Information
- Elementary School
- Thomas A Edison School
- High School
- Central High School
- Middle School
- Thomas A Edison School
- Acres
- 0.17
- Architecture
- Other
- Assoc Fee Includes
- No Fees
- Builder Name
- Unknown
- Construction
- Wood Frame, Painted, Wood Siding
- Cooling
- Central Air
- Fencing
- Wrought Iron, Block
- Flooring
- Tile
- Heating
- Natural Gas
- Living Area
- 1,264
- Lot Size
- 7,253
- New Financing
- Cash, Conventional
- Parking Features
- Side Vehicle Entry, Attached Carport, Off Street
- Property Condition
- Fixer
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Style
- Other
- Subdivision
- Grand View Annex
- Taxes
- $470
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Gentry Real Estate. Selling Office: United Southwest Realty.
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.