AZ > Phoenix > East Evergreen Addn Blks 13, 14, 19, 20
Phoenix, AZ 85004,338 E PORTLAND Street
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Phoenix, AZ 85004,338 E PORTLAND Street
Phoenix, AZ 85004,338 E PORTLAND Street
Phoenix, AZ 85004,338 E PORTLAND Street
Phoenix, AZ 85004,338 E PORTLAND Street
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Michael Hankerson

Michael Hankerson

+1(602) 770-7205
$ 3,380,000
Est. payment /mo
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338 E PORTLAND Street Phoenix, AZ 85004

UPDATED:

09/09/2024 05:01 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision East Evergreen Addn Blks 13, 14, 19, 20

MLS Listing ID 6754543

Maintenance Fees $1,520

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1948

Annual Tax Amount $2,140

Tax Year 2023

Lot Dimensions 70' x 190'

Property Description

This fully remodeled, 9-unit multi-family property is situated in the heart of the Roosevelt Arts District, offering immediate rental income while you plan a redevelopment project with high ROI potential. Zoned DTC-E-EV, this prime lot allows for up to 98 residential units or a mix of retail and boutique hotel space, with building heights up to 250 feet. Located in one of Phoenix's fastest-growing areas, close to public transit, dining, and entertainment, this property is perfect for investors looking to capitalize on the city's rapid development. Don't miss out on this rare opportunity to maximize your returns!

Location

State AZ

County Maricopa

Community East Evergreen Addn Blks 13, 14, 19, 20

Zoning DTC-E-EV

Interior

Heating Central, Electric

Cooling Central A/C, Electric

Flooring Wood, Concrete

Appliance F/S Oven/Range, Microwave

Exterior

Garage Paved Parking, Fee, Assigned, Auto Door Opener, Street Parking

Community Features Play Area, No Pool

Roof Type Composition

Total Parking Spaces 7

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-38-061

Acceptable Financing Conventional, 1031 Exchange, FHA

Listing Terms Conventional, 1031 Exchange, FHA

Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by HomeSmart

Michael Hankerson

Designated Broker | License ID: BR648768000

+1(602) 770-7205

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