#6861744, Patrick A Horine, Benjamin Crognale, Listing office: Echo Real Estate
#6883246·
Listing office: United Southwest Realty·
Listing agent: Gregory P Johnson·
Listing office phone: 480-941-5114
$639,000 List price
4202 S 3rd St Unit 5 Phoenix, AZ 85040
1.1 acres
Land
Property details
About 4202 S 3rd St Unit 5
Located in an OPPORTUNITY ZONE! Zoned R-4 Multi-Family — Build up to 35 Units! By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail. Ideal for build-to-rent or pad-split models. Pad-Split or BTR model = Maximum ROI Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!) Minutes from Sky Harbor, downtown, and freeways Maricopa Assessor Parcel # 113-13-011 This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market. Serious buyers only — priced to move. Multi-family gems like this don't last. Zoned. Positioned. Priced right. In Opportunity Zone. Let's build!!
Highlights
Home typeOther
StatusActive
Lot size1.06 Acres
MLS #6883246
Summary
- List Price: $639,000
- Directions: Central Ave & Broadway Rd
- Lot Size: 1.06 Acres
- MLS Number: 6883246
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: United Southwest Realty
- Office Phone: (480) 941-5114
- Office Email: unitedswrealty@gmail.com
- Listing Agent: Gregory P Johnson
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: 6/23/2025, 12:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$639,000
4202 S 3rd St Unit 5
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Price information
Property sales
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Tax history
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Nearby schools
7
Basis Phoenix Central Primary School
Public Charter KG-5
0.5 mi
•201 E Indianola Ave
4
Clarendon Elementary School
Public District 4-6
0.7 mi
•1225 W Clarendon Ave
4
Encanto Elementary School
Public District KG-3
0.9 mi
•1426 W Osborn Rd
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 $56,105. The majority of Phoenix, AZ residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
26%
<35k
58%
35k-100k
15%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
13%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
46%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Jack In The Box
What do the neighbors drive?
Volvo
BMW
Toyota
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4202 S 3rd St Unit 5
The listing price of 4202 S 3rd St Unit 5 property is $639,000.
The property 4202 S 3rd St Unit 5 is land located in Phoenix, Arizona, 85040.
Active Listing: 4202 S 3rd St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4202 S 3rd St Unit 5 are: Basis Phoenix Central Primary School (GreatSchools Rating 7/10), Clarendon Elementary School (GreatSchools Rating 4/10), Encanto Elementary School (GreatSchools Rating 4/10), Osborn Middle School (GreatSchools Rating 4/10), Imagine Camelback Middle School (GreatSchools Rating 3/10), Self Development Academy-Phoenix (GreatSchools Rating 7/10), Phoenix Coding Academy (GreatSchools Rating 8/10), Central High School (GreatSchools Rating 3/10), Girls Leadership Academy of Arizona (GreatSchools Rating 7/10).
The property 4202 S 3rd St Unit 5 is 1.06 acres.
This home is located at 4202 S 3rd St Unit 5 in Phoenix, AZ and zip code 85013 in the Yaple Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $639,000.
In May 2025 more than 222 listings in Phoenix, AZ were sold above the asking price. During the same period more than 419 listings were sold at asking price, while more than 865 were sold below. The inventory of homes for sale in Phoenix, AZ between April and May 2025 increased by 4%. Listings spent 64 days on the market in May 2025, and had a median list price of $456,920 during the same period.
From Rocket Homes Real Estate and based on county public records data.