4515 14Th St Phoenix, AZ 85040

This Phoenix, Arizona property, located at 4515 S. 14th Street, 85040, presents a unique redevelopment opportunity. Priced at $395,000, this single-family home sits on a sizable 0.478-acre lot, zoned M-M, offering significant potential for multi-family development. The 1,096 square foot, one-unit property, built in 1986, is currently vacant. While needing renovation, its solid foundation and spacious layout provide a strong base for a renovation project. The property's location in South Phoenix offers convenient access to downtown Phoenix, the airport, and Tempe. The quiet, private setting contrasts with its proximity to key amenities. The property's APN is 113-55-051-A, and ownership is fee simple. This is a rare chance to acquire a property with substantial upside in a desirable location. The property's existing structure, while requiring updates, provides a head start on the redevelopment process. The large lot size and multi-family zoning unlock numerous possibilities for investors seeking to maximize their return. This is an exceptional opportunity to capitalize on the growing Phoenix real estate market. Serious inquiries are encouraged.