5228 S 3RD Street 31, Phoenix, AZ 85040 (MLS# 7081359)

5228 S 3RD Street 31, Phoenix, AZ 85040

New Listing

$295,000

Property Type: Land Lot Size (sq. ft.): 12,150 Status: Active

Current Price: $295,000 List Date: 9/17/2026 Last Modified: 9/17/2026

Overview

Description

Builders, investors, or owner-users. Ready-to-take-over duplex project. ''Rare chance to acquire a 12,150 SF multifamily lot with an approved duplex project already underway.'' YES, APPROVED PLANS AND PERMITS INCLUDED, which may save 10+ months in plans approval. The Site is substantially prepared with duplex pad completed and foundation excavation and forms in place. Ideal for builders, investor or owner users who wants to own an income producing property living in one unit and renting the other. A unique opportunity to move forward with a project already past key time consuming stages.

Listing Details MLS# 7081359

Location, Tax & Legal

House Number: 5228
Compass: S
Street Name: 3RD
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 8704
Country: US
County Code: Maricopa
Assessor Number: 113-42-031
Tax Year: 2025
Lot #: 31
Assessor's Map #: 42
Legal Description (Abbrev): E 135' OF N 90' OF S 450' OF W 295'OF NE4 NW4 SE4 .28 AC
Assessor's Parcel #: 31
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115801
Taxes: 604

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 0.28
Apx Total Acres G/N: G
Price Per Acre: 1053571.43
Apx SqFt: 12150
Price Per SqFt: 24.28
Apx SqFt G/N: G
Lot Size Dimensions: 90x136
Horses: N
Zoning: R4
Flood Zone: No
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Sunland Elementary School
Jr. High School: Sunland Elementary School
High School: South Mountain High School

Remarks Misc

Cross Street: Roeser Rd and 3rd St
Directions: From the intersection of 7th St and Roeser Rd drive West to 3rd St. Drive South to the property on the right side of the street.

Legal Info

Township: 1N
Range: 3E
Section: 29
Lot Number: 31

Showing Notification Methods

Showing Service: No Showing Service Used

More Information

Special Listing Cond

Owner/Agent: Yes

Pmt & Rate Info

Equity: 295000
Total Owed: 0

Assoc/Prop Info

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

Lockbox Type

None: Yes

Existing Land Use

Residential Lot: Yes

Zoned Presently

Single Family: Yes
Multi-Family: Yes

Parcel Size

.25 - .49 Acres: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Electric

SRP: Yes

Gas

Other (See Rmks): Yes

Distance to Cable

On Property: Yes

New Financing

Cash: Yes
Conventional: Yes

Distance to Phone

None: Yes

Distance to Water

On Property: Yes

Distance to Electric

On Property: Yes

Distance to Gas

Call Listing Office: Yes

Distance to Sewer

On Property: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Single Family; Multi-Family Parcel Size: .25 - .49 Acres Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Rmks) Distance to Cable: On Property Distance to Phone: None Distance to Water: On Property Distance to Electric: On Property Distance to Gas: Call Listing Office Distance to Sewer: On Property New Financing: Cash; Conventional Environmental: None Lockbox Type: None

Listing Office: Barrett Real Estate

Last Updated: September - 17 - 2026