1401 E Wood Street Unit 24, Phoenix, AZ 85040
- $320,000
- Sold Price
- $320,000
- List Price
- $350,000
- Status
- CLOSED
- Days on Market
- 282
- Closing Date
- May 30, 2025
- MLS#
- 6729598
- Subtype
- Land
- Lot Size
- 31,363
- Acres
- 0.72
- Subdivision
- Centergrove Tract 1 Through 16
Property Description
Multifamily Development Opportunity at 1401 E Wood St, Phoenix, AZ 85040. Seize this rare chance to own a 0.72-acre parcel zoned R-4, allowing for the development of up to 20 units in a thriving location. Situated in both an opportunity zone and a QCT-qualified census tract, it presents substantial tax incentives for investors. The lot offers easy access to the I-10 freeway, setting the stage for effortless commuting to Downtown Phoenix, and the Sky Harbor Airport. The scenic South Mountain Park and Preserve is in proximity. Build a prosperous future in a booming locale, and watch your vision come to life at 1401 E Wood Street.
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Additional Information
- Taxes
- $521
- Zoning
- R-4
- School District
- Phoenix Union High School District
Mortgage Calculator
Listing courtesy of Listing Agent: Reggie Joyner (480-247-1437) from Listing Office: Get Multifamily.
Selling Office: Get Multifamily.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.