4035 S 9TH Street 20/22, Phoenix, AZ 85040

$1,500,000
Property Type: Land Lot Size (sq. ft.): 149,716 Status: Closed
Current Price: $1,500,000 List Date: 10/22/2025 Last Modified: 12/23/2025

Overview

Description

Large in-fill development opportunity allowing up to 109 Units! Located minutes away from Downtown Phoenix and Sky Harbor International Airport. Situated on a combined 3.44 acres in an Opportunity Zone and Qualified Census Tract, this site is ideal for high density residential development. This property offers strong redevelopment potential in a rapidly emerging submarket that continues to experience significant employment growth and investment.

Listing Details MLS# 6936954

Location, Tax & Legal

House Number
4035
Compass
S
Street Name
9TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
1207
Country
US
County Code
Maricopa
Assessor Number
113-21-032
Subdivision
MONTE VISTA ACRES
Tax Year
2024
Lot #
20/22
Assessor's Map #
21
Legal Description (Abbrev)
LOT 20 MONTE VISTA ACRES MCR 002024
Assessor's Parcel #
32
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
115300
Taxes
32997

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
3.44
Apx Total Acres G/N
G
Price Per Acre
501453.49
Apx SqFt
149716
Price Per SqFt
11.52
Apx SqFt G/N
G
Lot Size Dimensions
Regular
Zoning
R-4
Elementary School District
Roosevelt Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
South 9th St & East Braodway Road
Directions
7th St to Broadway Road, North on 9th St to property on the east side of 9th St.

Status Change Info

Off Market Date
2025-12-04
Under Contract Date
2025-11-14
Close of Escrow Date
2025-12-22

Legal Info

Township
1N
Range
3E
Section
21
Lot Number
20/22

More Information

Showing Notification Methods

Showing Service
Non-MLS Showing Service - See Private Remarks

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

Owner/Agent
Yes

Pmt & Rate Info

Equity
1725000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes
Other (See Rmks)
Yes

Potential Use

Multi-Family
Yes

Parcel Size

2.50 - 4.99 Acres
Yes

Current Density

Other (See Rmks)
Yes

Development Status

On Site Imp Needed
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Distance to Gas

On Property
Yes

Distance to Sewer

On Property
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family; Other (See Rmks) Potential Use: Multi-Family Parcel Size: 2.50 - 4.99 Acres Current Density: Other (See Rmks) Development Status: On Site Imp Needed Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP 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: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None Fencing: Chain Link
IDX
Listing Office: Compass
Last Updated: December - 23 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.