216 E RIVERSIDE Street 6, Phoenix, AZ 85040
$350,000
Property Type:
Land
Lot Size (sq. ft.):
70,132
Status:
Closed
Current Price:
$350,000
List Date:
10/26/2022
Last Modified:
2/12/2026
Description
Great opportunity to purchase these multifamily zoned lots, and build the investment property you have been looking for. There are two separate parcels equalling 1.61 ACRES. Parcel C is 0.89 Acres & Parcel D is 0.72 Acres. These two parcels are being sold together. This land is zoned for multi-family high density. I-17 & I-10 freeways are nearby.
More Information MLS# 6474372
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $350,000
Sold Price: $350,000
Status: Closed
List Date: 2022-10-07
Location, Tax & Legal
Lot #: 6
Assessor's Map #: 13
Legal Description (Abbrev): BOWLES SUB MCR 9-21 LT 6 EX E 147.95F & EX S 20F RD P/F 84-407954
Assessor's Parcel #: 13
Assessor Parcel Ltr: C
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 115400
Taxes: 1019
Map Code/Grid: R34
House Number: 216
Compass: E
Street Name: RIVERSIDE
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1050
County Code: Maricopa
Assessor Number: 113-13-013-C
Subdivision: BOWLES SUB
Tax Year: 2022
General Property Description
Apx Total Acres: 1.61
Apx Total Acres G/N: G
Price Per Acre: 217391.3
Apx SqFt: 70131.6
Price Per SqFt: 4.99
Apx SqFt G/N: G
Lot Size Dimensions: 251x240 approx
Horses: N
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Roosevelt Elementary School
Jr. High School: Roosevelt Elementary School
High School: South Mountain High School
Zoning: R4
Legal Info
Range: 3E
Section: 20
Township: 1N
Lot Number: 6
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 350000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Residential Acreage: 1
Zoned Presently
Multi-Family: 1
Potential Use
Multi-Family: 1
Parcel Size
1.00 - 2.49 Acres: 1
Proposed Density
40+ Units P/Acre: 1
Fencing
None: 1
Water Source
Other: 1
See Remarks: 1
Freeway/Highway
Up to 1 Mile: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Existing 1st Loan
Conventional: 1
Distance to Electric
On Property: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
On Property: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
On Property: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-578-5600
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 3rd Street & Broadway
Directions: E. Broadway Road to S. 3rd Street to E. Riverside Street.
Geo Lat: 33.408921
Geo Lon: -112.070199
Status Change Info
Off Market Date: 2022-10-26
Under Contract Date: 2022-10-13
Close of Escrow Date: 2022-10-28
Sold Price: $350,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Residential Acreage
Zoned Presently: Multi-Family
Potential Use: Multi-Family
Parcel Size: 1.00 - 2.49 Acres
Proposed Density: 40+ Units P/Acre
Existing Structures: None
Water Source: Other; See Remarks
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Conventional
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Showing Notification Methods: Text
Lockbox Type: None
Fencing: None
Listing Office:
Elite Partners
Last Updated: February - 12 - 2026
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