Investors/Builders Dream! Multi-family zoned land offering significant development potential due to its proximity to downtown and the Roosevelt Row Arts District. This zoning supports high-density residential development, including larger apartment complexes and mixed-use developments. Ideally, this lot is to be sold with 1605 & 1609 W McDowell Rd, to create the ultimate investors dream to build 3 multi-family units right next to each other! Seller willing to put an attractive deal together to the buyer who purchases all 3 lots. These lots are also listed for lease.
Lot/land
Price cut: $20K (7/23)
$170,000
1601 W McDowell Rd #1, Phoenix, AZ 85007
--beds
--baths
7,507Square Feet
Land
Built in ----
7,507 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Larger apartment complexesMixed-use developmentsHigh-density residential development
- 74 days
- on Zillow |
- 286 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 04:46pm
Listed by:
Erica Romain 480-939-0245,
SERHANT.,
Tanya Toliver 623-680-6022,
SERHANT.
Source: ARMLS,MLS#: 6872475

Travel times
Facts & features
Property
Lot
- Size: 7,507 Square Feet
Details
- Parcel number: 11118132
- Zoning: R-5
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Date on market: 5/29/2025
- Listing terms: Owner May Carry,Cash,Conventional
- Electric utility on property: Yes
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