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4202 S 3rd St #5, Phoenix, AZ 85040
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4202 S 3rd St #5, Phoenix, AZ 85040
Sold for $498,000
4202 S 3rd St #5, Phoenix, AZ 85040
Sold for $498,000
4202 S 3rd St #5, Phoenix, AZ 85040
4202 S 3rd St #5, Phoenix, AZ 85040
4202 S 3rd St #5, Phoenix, AZ 85040

4202 S 3rd St #5 Phoenix, AZ 85040

$498,000

CLOSED
Beds
Baths
0
Sqft
Acres
1.06
Year
Close Date
Jan 12, 2026
Property Type
Land
Sub Type
Date Listed
Jun 20, 2025

Description of 4202 S 3rd St #5, Phoenix, AZ 85040

Listing details for 4202 S 3rd St #5, Phoenix, AZ 85040 : Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family — Build up to 35 Units! By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St! Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and freeways Maricopa Assessor Parcel # 113-13-011 This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market. Serious buyers only — priced to move. Multi-family gems like this don't last. Zoned. Positioned. Priced right. In Opportunity Zone. Let's build!
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Listing Updated : 04-30-2026 at 9:09 AM MST
Listing Provided By : Gregory P Johnson, 602-717-5115, United Southwest Realty

Properties displayed may be listed or sold by various participants in the MLS

Source :

ARMLS, MLS#: 6883246

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Property History

DateEventPrice
1/12/2026
Sold
$498,000 -22.1%
Source:ARMLS #6883246
6/20/2025
Listed for sale
$639,000
Source:ARMLS #6883246

Location of 4202 S 3rd St #5, Phoenix, AZ 85040

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4202 S 3rd St #5, Phoenix, AZ 85040