1010 N 18TH Street

Phoenix, AZ 85006

Other

Phoenix, AZ 85006

1010 N 18TH Street

$269,000

MLS#: 7032653

Status: Active

Listing provided by: Gentry Real Estate

Listing agent phone: None

Last update: 12 days ago

On site: 23 days ago

GRAND VIEW ANNEX - Residential

About

Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7,253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units. The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review. The sellers are actively working on finalizing these entitlements; buy now at $269,000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy c capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status. Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1,264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1928

Sq.Footage

1,264

Features

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding, Frame

  • Parking

    Off Street, Attached Carport, Garage Faces Side

  • Pool

    No

  • View

    City

Area & Lot

  • Lot Size(acres)

    0.17

  • Lot Size(square feet)

    7253.0

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Other

Price

  • Sales Price

    $269,000

  • Tax Amount

    $470

  • Sq. Footage

    1, 264

  • Price/SqFt

    $212

HOA

  • Association

    No

School District

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Thomas A Edison School

  • High School

    Central High School

Property Features

  • Stories

    1

  • New Construction

    NO

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Thomas A Edison School

  • High School

    Central High School

Listing Courtesy of Mark St. Peter , Gentry Real Estate

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1010 N 18TH Street

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