#6743802, DeAnn Fry, Listing office: West USA Realty
#6894694·
Listing office: My Home Group Real Estate·
Listing agent: Kristopher R Ontiveros·
Listing office phone: 480-685-2760
$750,000 List price
3108 E Southern Ave Unit 5 Phoenix, AZ 85040
0.5 acres
Land
Property details
About 3108 E Southern Ave Unit 5
This 1.5-acre property, zoned R5, offers incredible potential for development of up to 63 units. The owner has already completed studies for multiple configurations, including: 24 units in six fourplexes, 32-unit apartment complex, 52-unit apartment complex The location is unbeatable—minutes from Sky Harbor Airport, Tempe ASU, and Downtown Phoenix, making it ideal for workforce housing, student housing, or a luxury rental community. Flexible financing options available! The seller may be willing to carry a short-term note, making this an attractive opportunity for developers and investors looking to secure the property while finalizing plans or construction financing. Don't miss this versatile, strategically located development site in one of Phoenix's fastest-growing areas!
Highlights
Home typeOther
StatusActive
Lot size0.48 Acres
MLS #6894694
ViewMountain(s)
Summary
- View: Mountain(s)
- List Price: $750,000
- Lot: Private
- Directions: West to land between Southern and Old Southern
- Lot Size: 0.48 Acres
- MLS Number: 6894694
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: My Home Group Real Estate
- Office Phone: (480) 685-2760
- Office Email: andrew@myhomegroup.com
- Listing Agent: Kristopher R Ontiveros
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
1
Kaizen Education Foundation Dba South Pointe Elementary Scho
Public Charter KG-6
1.3 mi
•2033 E Southern Ave
2
Nevitt Elementary School
Public District PK-5
1.8 mi
•4525 E Saint Anne Ave
1
John F. Kennedy Elementary School
Public District PK-3
2.6 mi
•6825 S 10th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,111. Most Phoenix, AZ residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
51%
<35k
24%
35k-100k
22%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
39%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
31%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Burlington
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Toyota
Chevrolet
Kia
What do the neighbors listen to?
Adult Hits
Urban Adult Contemporary- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3108 E Southern Ave Unit 5
The listing price of 3108 E Southern Ave Unit 5 property is $750,000.
The property 3108 E Southern Ave Unit 5 is land located in Phoenix, Arizona, 85040.
Active Listing: 3108 E Southern Ave Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3108 E Southern Ave Unit 5 are: Kaizen Education Foundation Dba South Pointe Elementary Scho (GreatSchools Rating 1/10), Nevitt Elementary School (GreatSchools Rating 2/10), John F. Kennedy Elementary School (GreatSchools Rating 1/10), Percy L. Julian School (GreatSchools Rating 1/10), South Valley Preparatory and Arts School (GreatSchools Rating 5/10), T. G. Barr Elementary School (GreatSchools Rating 3/10), Skyline Preparatory High School (GreatSchools Rating 4/10), Aaec - Smcc Campus (GreatSchools Rating 5/10), Hope College and Career Readiness Academy (GreatSchools Rating 2/10).
The property 3108 E Southern Ave Unit 5 is 0.48 acres.
This home is located at 3108 E Southern Ave Unit 5 in Phoenix, AZ and zip code 85040 in the South Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $750,000.
Phoenix, AZ housing market in June 2025 saw over 188 listings sold above listed price, more than 341 sold at listed price and over 788 sold below. In June 2025 in Phoenix, AZ there were 0.2% less homes for sale than in May. The median list price of listings available in June 2025 was $460,087, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.