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$135,000
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Property Description
Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development - ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often. Parcels: 122-57-003-A & 112-57-005-A
Full Property Details
Full Property Details for 2539 E Broadway #12
General
- Sold For: $135,000
- Taxes: $798 (2024)
- Status: Closed
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6872616
- Added to Site: 231 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: BROADWAY ESTATES LOTS 1-10, 33-52, 75-94
- Cross Streets: 24th St & Broadway Rd
Utilities
- Dist. to Gas: Under 350 Feet
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: City Franchise
- Dist. to Water: On Property
- Dist. to Telecomm: Under 350 Feet
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,009
- Frontage: Gravel, Curbs and Gutters, Sidewalk(s)
- Development Status: Raw Land
- Trees/Vegetation: Natural Vegetation
- Zoning: R-5
Financial Considerations
- Tax Amount: $798
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: LOT 6 PCL 6 PER MCR 1590-29 POR LOT 10-14 BROADWAY ESTATES MCR 34-12 P/F 2021-0603324
- Property ID: 122-57-003-A
- Range: 3E
- Section: 26
- Lot Number: 12
Listed by Compass
Sold by Libertas Real Estate
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Schools
Schools serving 2539 E Broadway #12
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Percy L Julian School 2149 East Carver Drive, Phoenix, AZ 85040 | 4-8 | 0.7 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 2.2 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 2539 E Broadway #12
Date
Details
Price
Change
Source
10/15/2025
Sold
$135,000
-8.78%
MLS
9/26/2025
Price Increased
$148,000
14.73%
MLS
9/12/2025
Price Reduced
$129,000
-32.11%
MLS
8/11/2025
Price Reduced
$190,000
-3.06%
MLS
7/22/2025
Price Reduced
$196,000
-1.51%
MLS
5/29/2025
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2539 E Broadway #12, Phoenix, AZ 85040 (MLS# 6872616) is a Lots/Land property that was sold at $135,000 on October 15, 2025. Want to learn more about 2539 E Broadway #12? 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.

