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$1,700,000
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Property Description
This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units. " Civil plans completed. " Landscape plans completed. " Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.
Full Property Details
Full Property Details for 2854 E Wier Ave #-
General
- Price: $1,700,000
- Taxes: $3,269 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6986821
- Updated: 3/30/2026
- Added to Site: 49 day(s) ago
Location
- County: Maricopa
- Subdivision: 28TH STREET LOFTS
Utilities
- Dist. to Gas: None
- Dist. to Electric: None
- Dist. to Sewer: None
- Water: City Franchise
- Dist. to Water: None
- Dist. to Telecomm: None
Lot Features
- Lot Size (Acres): 2.08
- Lot Size (Sq. Ft.): 90,604
- Lot Dimensions: 126 x 37 x 130 x 175 x 199 x 199 x 214
- Zoning: R-3
Financial Considerations
- Tax Amount: $3,269.8
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOT 2 28TH STREET LOFTS MCR
- Property ID: 122-58-131
- Lot Number: -
Listed by Kidder Mathews
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Schools
Schools serving 2854 E Wier Ave #-
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King Jr Elementary School 4615 South 22nd Street, Phoenix, AZ 85040 | PK-3 | 0.8 mi |
Percy L Julian School 2149 East Carver Drive, Phoenix, AZ 85040 | 4-8 | 1 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2854 E Wier Ave #-
Date
Details
Price
Change
Source
2/19/2026
Listed
$1,700,000
—
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 2854 E Wier Ave #-
Year
Property Taxes
Change
Tax Assessment
Change
2025
$111
3%
$1,650
16%
2024
$108
5%
$1,425
-31%
2022
$103
—
$2,070
70%
2022
$103
—
$1,215
26%
2022
$103
—
$964
—
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 2854 E Wier Ave #-
2854 E Wier Avenue #-, Phoenix, AZ 85040 (MLS# 6986821) is a Lots/Land property with a lot size of 2.08 acres. 2854 E Wier Avenue #- is currently listed for $1,700,000 and was received on February 19, 2026. Want to learn more about 2854 E Wier 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.

