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About This Home
This 2-bedroom, 2-bathroom single family at 1010 N 18TH Street in Phoenix, AZ is listed for $269,000 ($213 per sqft). Built in 1928, the home offers 1,264 sqft of living space on a 0.17 acres lot.
Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7,253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units.
The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review.
The sellers are actively working on finalizing these entitlements; buy now at $269,000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy c capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status.
Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1,264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!
Key Features
- Built in 1928
- 0.17 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,439/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1010 N 18TH Street
Phoenix, AZ 85006
GRAND VIEW ANNEX
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 1010 N 18TH Street is listed at $269,000 ($213/sqft). The estimated monthly payment is $1,166 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.17 acre lot. Interior Features: Non-laminate Counter, Full Bth Master Bdrm.
This property is listed by Mark St. Peter and can be reached at 7072172428 or mark@msthomes.com.
