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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/mo

Infill 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
School district
Phoenix Union High School District
Elevation
1,224 feet
Coordinates
33.5351, -112.046

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

Details and features

Listing

Type
Land

Lot

View
Mountain

Exterior

Features
East/West Exposure

Nearby schools

NameLevelDistrictDescription
Madison #1 Elementary SchoolElementaryPhoenix Union High School District
Madison #1 Elementary SchoolMiddlePhoenix Union High School District
Camelback High SchoolHighPhoenix Union High School District

Listing history

DateEventPriceChangeSource
Sept 28, 2025Price drop$775,000$20,000 -2.5%ARMLS
July 23, 2025Price drop$795,000$55,000 -6.5%ARMLS
June 6, 2025Price drop$850,000$25,000 -2.9%ARMLS
Feb 3, 2025New listing$875,000ARMLS
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This 0.49-acre property is located at 1620 E Ocotillo Rd in Phoenix, AZ 85016. The property is available for sale for $775,000.

Checked 52 mins ago — Updated

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