Prime 2-Acre Multi-Family Property with R4 Zoning - Great Investment Opportunity! This versatile 2-acre property offers incredible potential with its R4 zoning, perfect for multi-family development or other investment opportunities. Located in a highly accessible area with both an entrance and exit on Roeser Rd and Cody Drive, this property ensures convenience and ease of access. The property also features a well-maintained 3-bedroom, 2-bathroom residence. Whether you are looking to expand your investment portfolio or create a thriving multi-family community, this location offers limitless possibilities.
For sale
$950,000
502 E Roeser Road, Phoenix, AZ 85040
3beds
2,356sqft
Est.:
Single Family Residence
Built in 1926
2 Acres Lot
$-- Zestimate®
$403/sqft
$-- HOA
What's special
- 330 days |
- 289 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: February 09, 2026 at 09:11pm
Listed by:
Esther Perez Gallardo 602-799-7908,
West USA Realty
Source: ARMLS,MLS#: 6833343
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Gas Range, Gas Oven
Features
- Eat-in Kitchen, 3/4 Bath Master Bdrm
- Flooring: Laminate, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,356
- Total interior livable area: 2,356 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Stories: 1
- Patio & porch: Patio
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link,Wrought Iron
Lot
- Size: 2 Acres
- Features: Dirt Front, Dirt Back
Details
- Parcel number: 11336041
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $403/sqft
- Tax assessed value: $344,500
- Annual tax amount: $2,247
- Date on market: 4/15/2025
- Cumulative days on market: 301 days
- Listing terms: Owner May Carry,Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Price change | $950,000-4.5%$403/sqft |
Source:  ARMLS #6833343 Report a problem | ||
| 8/12/2025 | Listed for sale | $995,000$422/sqft |
Source: ARMLS #6833343 Report a problem | ||
| 6/9/2025 | Listing removed | $995,000$422/sqft |
Source: ARMLS #6833343 Report a problem | ||
| 5/20/2025 | Price change | $995,000-9.5%$422/sqft |
Source: ARMLS #6833343 Report a problem | ||
| 3/11/2025 | Listed for sale | $1,100,000+1900%$467/sqft |
Source: ARMLS #6833343 Report a problem | ||
| 3/10/1999 | Sold | $55,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,306 +2.6% | $34,450 -11.5% |
| 2024 | $2,247 +3.2% | $38,930 +151.6% |
| 2023 | $2,178 +2.1% | $15,472 -28.6% |
| 2022 | $2,133 +91.8% | $21,670 +38.5% |
| 2021 | $1,112 +3.5% | $15,650 +5.2% |
| 2020 | $1,074 +3% | $14,870 +18.9% |
| 2019 | $1,044 | $12,510 -1.3% |
| 2018 | $1,044 +7.3% | $12,680 +18.5% |
| 2017 | $973 +13.4% | $10,700 +6.4% |
| 2016 | $857 -2.4% | $10,060 +31.5% |
| 2015 | $878 | $7,650 +17.2% |
| 2014 | -- | $6,530 +36.9% |
| 2013 | -- | $4,770 +13.3% |
| 2012 | -- | $4,210 -55% |
| 2011 | -- | $9,350 -31.1% |
| 2010 | -- | $13,580 -22.9% |
| 2009 | -- | $17,610 -11.1% |
| 2008 | -- | $19,800 +14.8% |
| 2007 | -- | $17,250 +18.2% |
| 2006 | -- | $14,600 |
| 2005 | -- | $14,600 +19.7% |
| 2004 | -- | $12,200 |
| 2003 | -- | $12,200 +24.5% |
| 2002 | -- | $9,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,881/mo
Principal & interest
$4556
Property taxes
$325
More affordability tools
Climate risks
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- 4/10Irene Lopez SchoolGrades: PK-8Distance: 0.6 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Irene Lopez School
- Middle: Cesar E Chavez Community School
- High: South Mountain High School
- 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.
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