1 month on rocket

1624 E Portland St -, Unit Phoenix, AZ, 85006

$1,750,000

1.34 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #6769204
Lot Size1.34 Acres
StatusActive

About 1624 E Portland St -

Multifamily land opportunity near the vibrant Roosevelt Row Arts District and Downtown Phoenix! This ±1.34-acre site, with entitlements in place for 17 townhomes for rent, presents an excellent development prospect in one of the city's redeveloping neighborhoods. Located within an opportunity zone and a qualified census tract, this property may offer significant tax incentives for developers and investors. With its proximity to thriving local businesses, cultural attractions, and major transportation routes, this site is ideally positioned for residential growth in the heart of Phoenix's urban revitalization!

Property Details

Property Features

Listing Office:

  • Office Name: R.O.I. Properties
  • Office Phone: (602) 319-1326
  • Listing Agent: Jason Butler

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 1.34 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

1624 E Portland St - vs Phoenix

43 DAYS ON ROCKET

-19 Days

$1,750,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6769204

Listing Office:

  • Office Name: R.O.I. Properties
  • Office Phone: (602) 319-1326
  • Listing Agent: Jason Butler

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-851065
4
/10
  • Asu Preparatory Academy- Phoenix Elementary School

  • 735 E Fillmore St

  • 1.18 miles

  • Public Charter Grades KG-4

school-card-donut-851066
5
/10
  • Imagine Academy of Phoenix

  • 2645 N 24th St

  • 1.46 miles

  • Public Charter Grades KG-5

school-card-donut-851067
2
/10
  • Wilson Primary School

  • 415 N 30th St

  • 1.77 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,045. The majority of Phoenix, AZ residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1624 E Portland St -

What is the listing price of this property?

The listing price of 1624 E Portland St - property is $1,750,000.

What type of property is this?

The property 1624 E Portland St - is land located in Unit Phoenix, Arizona, 85006.

Is this property for sale now?

Active Listing: 1624 E Portland St - is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1624 E Portland St - is 1.34 acres.
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Rocket HomesArizonaMaricopa CountyPhoenix850061624 E Portland St -

This home is located at 1624 E Portland St - in Unit Phoenix, AZ and zip code 85006 in the Central City neighborhood. This home sits on a 1.34 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $1,750,000.

In October 2024 more than 250 listings in Phoenix, AZ were sold above the asking price. During the same period more than 344 listings were sold at asking price, while more than 697 were sold below. The number of listings in Phoenix, AZ increased by 7.5% between September 2024 and October 2024. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $450,977.

From Rocket Homes Real Estate and based on county public records data.

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