Active

338 E PORTLAND Street

Phoenix AZ, 85004

$3,380,000


Active

Other

Built in 1948

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!

6754543

MLS ID

September 9, 2024

Listed

October 2, 2024

Updated

Map

338 E PORTLAND Street
Phoenix AZ, 85004

Interior Features

Floor Description

Wood, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central A/C, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Roof

Composition


Sewer

Public Sewer

School Information

School District

Phoenix Elementary District

Other Property Details

Taxes

$2,140


Tax Frequency

Annually


Days on Market

12


Garage

No


Parking

Paved Parking, Fee, Assigned, Auto Door Opener, Street Parking


Parking Total

7


View

No


County

Maricopa


Water Source

City Franchise


Pool

No


Zoning

DTC-E-EV

Courtesy of HomeSmart

Listing Contact: 707-843-9262 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Karas Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 2:07 AM UTC, 10/2/2024.

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