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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Owner options
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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#: 6872616

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
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $135,000-8.8% |
Source: | ||
| 9/26/2025 | Price change | $148,000+14.7% |
Source: | ||
| 9/13/2025 | Price change | $129,000-32.1% |
Source: | ||
| 8/11/2025 | Price change | $190,000-3.1% |
Source: | ||
| 7/22/2025 | Price change | $196,000-1.5% |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- NAMartin Luther King Jr Elementary SchoolGrades: PK-3Distance: 0.5 mi
- 6/10Percy L Julian SchoolGrades: 4-8Distance: 0.7 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 2.3 mi
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.
