320 E Hatcher Road, Phoenix, AZ 85020

$649,000
Property Type: Multiple Dwellings Bedrooms: 58 Baths: 38 Status: Active
Current Price: $649,000 Last Modified: 11/05/2026

Overview

Description

R-5 Zoned for High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Shovel ready, fully approved project awaiting a developer to pull permits for a 20 unit 2 story development with 10 garages and 21 additional surface parking spaces. However, there is also a previously approved 24 unit 3 story project that has the following floor plans: 14 three bed/two bath, 6 two bed/one bath, and 4 one bed/one bath. The development consists of 24,324 square feet of living space. Both plan set conveys with sale.

Listing Details MLS# 7103060

Location, Tax & Legal

House Number
320
Compass
E
Street Name
Hatcher
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85020
Country
US
County Code
Maricopa
Assessor Number
159-45-141
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
218 x 175
Year Built
2026
Uncvrd Parking Spcs
21
Total # of Units
24
# of Buildings
Yes
Zoning
R5
Flood Zone
No
Elementary School District
Washington Elementary School District
High School District
Glendale Union High School District
Elementary School
Sunnyslope Elementary School
Jr. High School
Sunnyslope Elementary School
High School
Sunnyslope High School

Remarks Misc

Cross Street
Hatcher and 3rd Street
Directions
From AZ-51 and Northern Avenue, West on Northern, North on 7th Street, West on Hatcher to property.

Legal Info

Lot Number
Yes

1 Bedroom Units

# 1 Bedroom Units
4
# Baths
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
6
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
14
# Baths
2

Structure

Bedrooms Total
58
Bathrooms Total
38

Income Expenses

Gross Annual Sch Inc
588000

Showing Notification Methods

Showing Service
No Showing Service Used

Property Features

Project Type: 13 - 24 Units; 25 - 50 Units Construction: Wood Frame Const - Finish: Stucco Construction Status: To Be Built Roofing: Foam Floors: Vinyl Sale Includes: Other (See Remarks) Community Features: No Pool; Barbecue Exterior Amenities: Fenced; Security Light(s) Appliances Included: See Remarks Heating: See Remarks Cooling: See Remarks Water Source: See Remarks Sewer: See Remarks Electric: Other (See Remarks) Gas: Other (See Remarks) Parking Features: See Remarks Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Projected Proforma Special: Owner/Agent Showing Notification Methods: Text; Email; Phone Call; No Notification Required to Show Lockbox Type: None New Financing: Cash; Cash to Loan; Conventional; Owner May Carry; Wraparound; 1031 Exchange Environmental: Phase I Available
IDX
Listing Office: Grayson Real Estate
Office Phone: 602-418-2950
Office Email: keith@phxeco.com
Last Updated: November - 05 - 2026
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