Prime Development Opportunity!! This high-density residential-zoned lot offers the potential for up to 24 units with 110' of prime frontage along McDowell Road. Situated in a Qualified Census Tract (QCT), the property is eligible for Low-Income Housing Tax Credits, making it an ideal investment. With an annual average household income of over $80,000 within a 1-mile radius, the area is ripe for development. Don't miss out on this rare opportunity!
Property Details
Property Features
Listing Office:
Office Name: Compass
Office Phone: (480) 776-1555
Listing Agent: Olivia Guza
Lot Features
Lot Information:
Lot Size: 0.42 Acres
Other
Directions Information:
Directions: Heading west on McDowell Rd, property is on your left
Price Information
Listing Price Info
Price Summary:
List Price: $288,000
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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.
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Nearby Schools
2
/10
Mitchell Elementary School
1700 N 41st Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-5
6
/10
Vista College Preparatory - Maryvale
4520 W McDowell Rd
Distance between this listing and this school0.59 miles
Public Charter Grades KG-5
1
/10
Alta E. Butler Elementary School
3348 W McDowell Rd
Distance between this listing and this school0.60 miles
Public District Grades KG-5
Nearby Schools
2
/10
Morris K. Udall Middle School
3348 W McDowell Rd
Distance between this listing and this school0.67 miles
Public District Grades 6-8
1
/10
Isaac Middle School
3402 W McDowell Rd
Distance between this listing and this school0.77 miles
Public District Grades 6-8
2
/10
Madrid Neighborhood School
3736 W Osborn Rd
Distance between this listing and this school1.58 miles
Public District Grades KG-8
Nearby Schools
3
/10
Southwest Leadership Academy
4301 W Fillmore St
Distance between this listing and this school0.92 miles
Public Charter Grades 9-12
2
/10
West Phoenix High School
3835 W Thomas Rd
Distance between this listing and this school0.96 miles
Public Charter Grades 9-12
3
/10
Carl Hayden High School
3333 W Roosevelt St
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $34,800. The majority of Phoenix, AZ residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4007 W Mcdowell Rd Unit 623
What is the listing price of this property?
The listing price of 4007 W Mcdowell Rd Unit 623 property is $288,000.
What type of property is this?
The property 4007 W Mcdowell Rd Unit 623 is land located in Phoenix, Arizona, 85009.
Is this property for sale now?
Accepting Backup Offers: 4007 W Mcdowell Rd Unit 623 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How much acreage is this property?
The property 4007 W Mcdowell Rd Unit 623 is 0.42 acres.
Interested in 4007 W Mcdowell Rd Unit 623? Let's connect.
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This home is located at 4007 W Mcdowell Rd Unit 623 in Phoenix, AZ and zip code 85009 in the Maryvale neighborhood. This home sits on a 0.42 acre lot. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $288,000.
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. Between September 2024 and October 2024, Phoenix, AZ real estate market has seen increase in the number of listings by 7.5%. 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.