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Residential Land for Sale in Phoenix, Arizona
1620 E Ocotillo Rd, Phoenix, AZ 85016
$775,000
0.49 acres
Active
$20k drop
Est $5,420/moInfill Deveopment Opportunity. City Approved, Permit Ready Plans for two Duplex buildings. Four two story Units 2,035 SF each. Main living on 2nd floor with awesome views of Piestewa Peak.
Permit ready plans and reports will be provided at contract acceptance. Partial plans in document Folder. Build to rent or create a condo plat to sell. Rent comps at $4,500/Unit. Sale Comps at $1,200,000 just up the street.
Location
- Street address
- 1620 E Ocotillo Rd
- County
- Maricopa County
- School district
- Phoenix Union High School District
- Elevation
- 1,224 feet
Directions
South on 16th St from Glendale, East on Ocotillo Rd to property. Drive-by only. Do not disturb tenant without prior notice.
Property details
- Lot size
- 0.49 acres21,344 sq ft
- Zoning
- R-3
- MLS #
- ARMLS 6814930
- Posted
Property taxes
- 2024
- $1,567
Parcels
- 164-34-022-A
Legal description
W 75' OF E 288.28'OF N 282.2' OF S 302.2' OF W 720.7' OF N2 NW4 .49 AC
Details and features
Listing
- Type
- Land
Lot
- View
- Mountain
Exterior
- Features
- East/West Exposure
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Madison #1 Elementary School | Elementary | Phoenix Union High School District | — |
| Madison #1 Elementary School | Middle | Phoenix Union High School District | — |
| Camelback High School | High | Phoenix Union High School District | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 28, 2025 | Price drop | $775,000 | $20,000 -2.5% | ARMLS |
| July 23, 2025 | Price drop | $795,000 | $55,000 -6.5% | ARMLS |
| June 6, 2025 | Price drop | $850,000 | $25,000 -2.9% | ARMLS |
| Feb 3, 2025 | New listing | $875,000 | — | ARMLS |
Payment calculator
Ingibjorg Valsdottir
HomeSmart
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