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$199,000
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Property Description
Prime Corner vacant lot situated on Jefferson Street within the Capitol Addition subdivision less than ten minutes from downtown Phoenix. The zoning of this lot accommodates multi-family property development, presenting an excellent opportunity for a new construction project, whether for investment purposes or owner occupancy with the potential for supplementary income from additional units. Its advantageous position offers close proximity to several key landmarks, including the Arizona Capitol Museum, the Children's Museum of Phoenix, Japanese Friendship Garden of Phoenix. and the Phoenix Convention Center. The property is also located within a few blocks of the Phoenix Suns Arena and the Chase Field Convenient access to the I-17, I-10, and SR 51 freeways
Full Property Details
Full Property Details for 2203 W Jefferson St #1
General
- Price: $199,000
- Taxes: $549 (2024)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6871932
- Updated: 12/2/2025
- Added to Site: 234 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: CAPITOL ADDITION
- Cross Streets: Jefferson St and 22nd Ave
- Dist. to Street: 0ft
- Total Lots Available: 1
Utilities
- Dist. to Gas: On Property
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: On Property
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,750
- Lot Dimensions: 100.22 x 91.47 PLUS 15.05 x 50.63
- Frontage: Asphalt
- Lot Features: Corner Lot
- Development Status: Subdivision Plat Apv
- Zoning: R5
Financial Considerations
- Tax Amount: $549
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: CAPITOL ADD LOTS 1 & 2 BLK 40 EX S 50F OF LOT 1 & EX S 50F OF E 35F OF LOT 2
- Property ID: 109-48-097-A
- Range: 2E
- Section: 12
- Lot Number: 1
Listed by Russ Lyon Sotheby's International Realty
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Schools
Schools serving 2203 W Jefferson St #1
School Districts:Phoenix Union High School District, Phoenix Elementary District
| Name | Grades | Distance |
|---|---|---|
Mary Mcleod Bethune School 1310 South 15th Avenue, Phoenix, AZ 85007 | PK-8 | 1.2 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 4.3 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 2203 W Jefferson St #1
Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$199,000
-11.56%
MLS
5/27/2025
Listed
$225,000
—
MLS
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
Tax History for 2203 W Jefferson St #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$583
6%
$20,205
5%
2024
$549
1%
$19,290
3%
2023
$544
4%
$18,735
40%
2022
$524
—
$13,365
70%
2022
$524
1%
$7,845
18%
2021
$520
-1%
$6,645
-2%
2020
$526
—
$6,750
30%
2019
$525
2%
$5,205
35%
2018
$516
2%
$3,855
15%
2017
$504
3%
$3,345
10%
2016
$490
1%
$3,045
-6%
2015
$484
11%
$3,248
27%
2014
$436
-38%
$2,560
-35%
2013
$698
—
$3,920
—
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
Estimate the Cost for 2203 W Jefferson St #1
2203 W Jefferson Street #1, Phoenix, AZ 85009 (MLS# 6871932) is a Lots/Land property with a lot size of 0.22 acres. 2203 W Jefferson Street #1 is currently listed for $199,000 and was received on May 28, 2025. Want to learn more about 2203 W Jefferson Street #1? 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.

