1624 E Portland Street -, Phoenix, AZ 85006 (MLS# 7022190)

1624 E Portland Street -, Phoenix, AZ 85006

$1,250,000

Property Type: Land Lot Size (sq. ft.): 58,492 Status: Active

Current Price: $1,250,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Overview

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.

Listing Details MLS# 7022190

Location, Tax & Legal

House Number: 1624
Compass: E
Street Name: Portland
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Country: US
County Code: Maricopa
Assessor Number: 116-15-096-B
Tax Year: 3830
Lot #: -
Assessor's Map #: 15
Assessor's Parcel #: 96
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 113300
Taxes: 2025

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 1.34
Apx Total Acres G/N: N
Price Per Acre: 932835.82
Apx SqFt: 58492
Price Per SqFt: 21.37
Apx SqFt G/N: G
Lot Size Dimensions: 224.88'' width x 331.30' depth
Horses: N
Zoning: C-2
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 16th Street & Portland Street
Directions: Head west on I-10 W then Turn left at the 1st cross street onto E Portland St

Legal Info

Township: 1N
Range: 3E
Section: 3
Lot Number: -

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

More Information

Contact Info

List Agent Home Phn: 602-390-0361
List Agent Hme Phn 2: 602-390-0361
List Agent Cell Phn2: 602-390-0361

Special Listing Cond

N/A: Yes

Pmt & Rate Info

Equity: 1250000
Total Owed: 0

Assoc/Prop Info

HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N

Lockbox Type

None: Yes

Existing Land Use

Other (See Rmks): Yes

Zoned Presently

Multi-Family: Yes
Other (See Rmks): Yes

Parcel Size

1.00 - 2.49 Acres: Yes

Fencing

See Remarks: Yes

Water Source

See Remarks: Yes

Sewer

Other: Yes

Electric

Other (See Rmks): Yes

Gas

Other (See Rmks): Yes

Distance to Cable

Call Listing Office: Yes

New Financing

Other (See Rmks): Yes

Distance to Phone

Call Listing Office: Yes

Distance to Water

Call Listing Office: Yes

Distance to Electric

Call Listing Office: Yes

Distance to Gas

Call Listing Office: Yes

Distance to Sewer

Call Listing Office: Yes

Reports/Disclosures

Other (See Rmks): Yes

Environmental

Other (See Rmks): Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Other (See Rmks) Zoned Presently: Multi-Family; Other (See Rmks) Parcel Size: 1.00 - 2.49 Acres Water Source: See Remarks Sewer: Other Electric: Other (See Rmks) Gas: Other (See Rmks) Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office New Financing: Other (See Rmks) Environmental: Other (See Rmks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: See Remarks

Listing Office: R.O.I. Properties

Last Updated: May - 01 - 2026

1624 E Portland Street -, Phoenix, AZ 85006 (MLS# 7022190)