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$1,675,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 2.82 Acres
  • Updated 3 days ago
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GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..

Full Property Details for 111 E Southern Ave #-

General

  • Price: $1,675,000
  • Taxes: $13,403 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6732075
  • Updated: 1/13/2026
  • Added to Site: 3 day(s) ago

Location

  • County: Maricopa
  • Township: 1N
  • Cross Streets: S Central Ave and E Southern Ave

Utilities

  • Dist. to Gas: None
  • Dist. to Electric: On Property
  • Dist. to Sewer: On Property
  • Water: City Franchise
  • Dist. to Water: On Property
  • Dist. to Telecomm: Under 350 Feet

Lot Features

  • Lot Size (Acres): 2.82
  • Lot Size (Sq. Ft.): 122,926
  • Lot Dimensions: 10 x 20 x 10 x 30 ap x
  • Zoning: R5

Financial Considerations

  • Tax Amount: $13,403
  • Tax Year: 2023
  • Terms: Cash

Disclosures and Reports

  • Legal Description: PT NW4 NE4 BEG 845F E NW COR S 638F N LN SAN FRANCISCO CAN S 75D 13M W 203.75F N 690F E 197F
  • Property ID: 114-02-049
  • Range: 3E
  • Section: 32
  • Lot Number: -

Listed by My Home Group Real Estate

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Listing agents

— 111 E Southern Ave #- —

  • My Home Group Real Estate

  • My Home Group Real Estate

roxygirlsonfireaz@gmail.com

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 111 E Southern Ave #-

School Districts:Roosevelt Elementary District, Phoenix Union High School District
NameGradesDistance
C O Greenfield School
7009 South 10th Street, Phoenix, AZ 85042
4-81 mi
John F Kennedy Elementary School
6825 South 10th Street, Phoenix, AZ 85042
PK-31 mi
South Mountain High School
5401 S 7th St, Phoenix, AZ 85040
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 E Southern Ave #- Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/07/2025
Price Reduced
$1,675,000
-4.29%
MLS
6/17/2025
Price Reduced
$1,750,000
-12.06%
MLS
11/21/2024
Price Reduced
$1,990,000
-9.55%
MLS
7/16/2024
Listed
$2,200,000
300%
MLS
1/25/2006
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 E Southern Ave #-

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,639
1%
$238,456
-1%
2024
$13,496
1%
$241,179
—
2023
$13,403
-1%
$241,024
46%
2022
$13,498
—
$165,644
33%
2022
$13,498
-4%
$124,742
1%
2021
$14,022
1%
$122,996
4%
2020
$13,849
2%
$118,123
36%
2019
$13,641
2%
$86,924
6%
2018
$13,351
6%
$82,100
15%
2017
$12,577
5%
$71,690
7%
2016
$11,962
3%
$67,142
6%
2015
$11,646
5%
$63,135
2%
2014
$11,048
6%
$61,727
-4%
2013
$10,406
—
$64,177
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 111 E Southern Ave #-

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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111 E Southern Avenue #-, Phoenix, AZ 85040 (MLS# 6732075) is a Lots/Land property with a lot size of 2.82 acres. 111 E Southern Avenue #- is currently listed for $1,675,000 and was received on January 13, 2026. Want to learn more about 111 E Southern Avenue #-? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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