1616 E PORTLAND Street $900,000

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    1616 E PORTLAND Street Phoenix, AZ 85006

    UCB (Under Contract-Backups)

    $900,000

    • 1.34 Acres
    • Land
    • MLS# 6101170
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    Views: 97

    Property Details

    The subject property is located in an Opportunity Zone and consists of a 1.34-acre parcel of vacant land near the NE corner of 16th Street and Portland Street in DT Phoenix. This location is less than two-miles NE of the Phoenix Central Business District. Located in an Opportunity Zone and Qualified Census Tract Less than two miles from the Phoenix Central Business District Close proximity to I-10 C-2 Zoning, allowing for Commercial and Multi-family Development Infill Development District covering this property expected to be approved November 2020

    • General Features
      • Contingent Status UCB (Under Contract-Backups)
      • County Maricopa
      • Cross Street N. 16th St. & E. Roosevelt St.
      • Directions E-NEC of 16th St. & Portland St.
      • Existing Land Use Other (See Rmks)
      • For Sale/Lease Sale
      • List Date 2020-06-29
      • New Financing Other (See Rmks)
      • Presently Zoned Other (See Rmks),Special Use Permit
      • Special Listing Conditions Exclusion(s) (SRmks),N/A
      • Tax Year 2019
      • Taxes $0
      • Type ER
      • Zoning C-2 SP
    • Property Features
      • Approx Lot SqFt 225.45' width x 329.69' depth
      • Apx. Total Acres1 1.34
      • Legal Info: Lot Number 1
      • Electric Other (See Rmks)
      • Gas Other (See Rmks)
      • Sewer Other (See Remarks)
      • Water See Remarks

    Neighborhood

    85006 (Phoenix) Demographics

    31 Median Age
    6,968 Population Density (per sq. mile)
    27% College Educated
    $38,121 Estimated Median Income
    3,630 Estimated Total Home Owners
    5,725 Estimated Total Renters
    39% / 61% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    27,206 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $495,000 Median Sales Price
    25 Homes Sold
    31 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $995,000 10.56%
        5/20/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $900,000 -9.55%
        11/22/2021 8:09:08 AM Status Changed Source: Multiple Listing Service New Value: UCB (Under Contract-Backups)
        11/22/2021 7:53:54 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/9/2020 4:14:00 PM New in Database Source: Multiple Listing Service New Value: $995,000
        Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Data last updated 5/24/2022 2:15:57 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Engel & Völkers Scottsdale.

        All information should be verified by the recipient and none is guaranteed as accurate by ARMLS


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.