338 E PORTLAND Street Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85004
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision East Evergreen Addn Blks 13, 14, 19, 20
MLS Listing ID 6754543
Maintenance Fees $1,520
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1948
Annual Tax Amount $2,140
Tax Year 2023
Lot Dimensions 70' x 190'
Property Description
This fully remodeled, 9-unit multi-family property is situated in the heart of the Roosevelt Arts District, offering immediate rental income while you plan a redevelopment project with high ROI potential. Zoned DTC-E-EV, this prime lot allows for up to 98 residential units or a mix of retail and boutique hotel space, with building heights up to 250 feet. Located in one of Phoenix's fastest-growing areas, close to public transit, dining, and entertainment, this property is perfect for investors looking to capitalize on the city's rapid development. Don't miss out on this rare opportunity to maximize your returns!
Location
State AZ
County Maricopa
Community East Evergreen Addn Blks 13, 14, 19, 20
Zoning DTC-E-EV
Interior
Heating Central,Electric
Cooling Central A/C,Electric
Flooring Wood,Concrete
Appliance F/S Oven/Range,Microwave
Exterior
Garage Paved Parking,Fee,Assigned,Auto Door Opener,Street Parking
Community Features Play Area,No Pool
Waterfront No
Roof Type Composition
Total Parking Spaces 7
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-38-061
Acceptable Financing Conventional,1031 Exchange,FHA
Listing Terms Conventional,1031 Exchange,FHA