4515 14Th StPhoenix, AZ 85040

Property Details for 4515 14Th St

Year built

1986

Lot size

0.48 AC

Property size (Sq ft)

1,096 SF

Property type

Land

Property subtype

Residential income homes

Description

This vacant, 1,096 sq ft, single-story home sits on a 0.478-acre lot in Phoenix, AZ (85040), zoned M-M. Built in 1986, the property presents a compelling redevelopment opportunity for investors seeking a multi-family project. The existing structure, while vacant, offers a solid foundation for renovation or repurposing. Its location in South Phoenix provides convenient access to downtown Phoenix, the airport, and Tempe. The property's substantial lot size allows for significant development potential, aligning with its multi-family zoning designation. The asking price is $395,000, representing a strong value proposition for those seeking to capitalize on the area's growth. The property is a fee simple ownership with no ground lease. While the existing structure requires updating, its spacious layout and quiet setting offer a unique canvas for a future project. This is a rare opportunity to acquire a sizable lot in a desirable location with significant upside potential. The property's APN is 113-55-051-A.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4048

Longitude

-112.051

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