1624 East Portland Street
- Approved for 17 Townhomes for Rent
- Located in an Opportunity Zone and Qualified Census Tract
- Near Roosevelt Row and DTPHX
- Positioned Ahead of the Next Multifamily Cycle
Property Description
This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle — as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses — including self-storage, specialty or high-end vehicle storage, and other commercial concepts — for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developer ready to move.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Lot Size: | 1.34 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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