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Sold for $135,000 on 10/15/25
  • $135,000

    2539 E Broadway Rd #12, Phoenix, AZ 85040

    --beds
    --baths
    7,009Square Feet
    Land
    Built in ----
    7,009 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often. Parcels: 122-57-003-A & 112-57-005-A

    Zillow last checked: 8 hours ago

    Listing updated: October 16, 2025 at 01:12am

    Listed by:

    Zhobin Jawanmardi 602-828-4995,

    Compass,

    Adam Joffe 602-561-3633,

    Compass

    Bought with:

    Diego Romero Pena, SA682194000

    Libertas Real Estate

    Source: ARMLS,MLS#: 6872616MLS Logo

    Facts & features

    Property

    Lot
    • Size: 7,009 sqft
    • Topography: Level
    • Residential vegetation: Natural Vegetation
    Details
    • Additional structures: None
    • Parcel number: 12257003A
    • Zoning: R-5

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Location
    • Region: Phoenix
    • Subdivision: BROADWAY ESTATES LOTS 1-10, 33-52, 75-94

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Gravel

    Price history

    DateEventPrice
    10/15/2025Sold$135,000-8.8%
    Source: ARMLS #6872616
    9/26/2025Price change$148,000+14.7%
    Source: ARMLS #6872616
    9/13/2025Price change$129,000-32.1%
    Source: ARMLS #6872616
    8/11/2025Price change$190,000-3.1%
    Source: ARMLS #6872616
    7/22/2025Price change$196,000-1.5%
    Source: ARMLS #6872616

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Mountain

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Roosevelt Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.