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$775,000
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Property Description
Shovel ready, fully approved project awaiting a developer to pull permits. Plan set conveys with sale. This 3 story, 24 unit multi-family project is zoned as R-5 High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. There are 11 garages, 20 additional surface parking spaces, 6 three bed/two bath, 14 two bed/one bath, and 4 one bed/one bath. The development consists of 24,000 square feet under roof.
Full Property Details
Full Property Details for 320 E Hatcher Rd
General
- Price: $775,000
- Taxes: $2,498 (2025)
- Status: Under Contract
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7040399
- Updated: 8/13/2026
- Added to Site: 75 day(s) ago
Interior
- Appliances: See Remarks
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 32
Bedrooms
- Total Bedrooms: 52
Additional Information
- Security/Safety: Security Light(s)
Parking
- Parking Features: See Remarks
Location
- County: Maricopa
- Cross Streets: Hatcher and 3rd Street
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Water: See Remarks
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Stucco
- Roof: Foam
- Year Built: 2026
- Property Condition: To Be Built
Lot Features
- Lot Dimensions: 218 x 175
- Frontage: Asphalt
- Zoning: R5
Financial Considerations
- Tax Amount: $2,498.34
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange
- Owner Pays: See Remarks
Disclosures and Reports
- Legal Description: LOT 1 HATCHER APARTMENTS MCR 189017
- Property ID: 159-45-141
- Lot Number: 1
Listed by Grayson Real Estate
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Schools
Schools serving 320 E Hatcher Rd
School Districts:Washington Elementary District, Glendale Union High School District
| Name | Grades | Distance |
|---|---|---|
Sunnyslope Elementary School 245 East Mountain View Road, Phoenix, AZ 85020 | K-8 | 0.2 mi |
Sunnyslope High School 35 West Dunlap Avenue, Phoenix, AZ 85021 | 9-12 | 0.6 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 320 E Hatcher Rd
Date
Details
Price
Change
Source
8/12/2026
Price Increased
$775,000
19.25%
MLS
6/25/2026
Price Reduced
$649,900
-3.7%
MLS
6/16/2026
Price Reduced
$674,900
-2.88%
MLS
6/11/2026
Listed
$694,900
2.95%
MLS
1/14/2024
Sold
$675,000
—
Public Record
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 320 E Hatcher Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$624
—
$4,910
-71%
2025
$624
9%
$16,965
34%
2022
$570
—
$12,660
33%
2022
$570
—
$9,540
49%
2022
$570
-1%
$6,420
—
2021
$578
5%
$6,420
27%
2019
$553
-2%
$5,055
-10%
2020
$563
5%
$5,625
27%
2018
$538
—
$4,440
17%
2017
$536
2%
$3,780
19%
2016
$526
-15%
$3,165
-17%
2015
$618
2%
$3,824
—
2014
$608
-7%
$3,824
-4%
2013
$653
—
$4,000
—
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 320 E Hatcher Rd
320 E Hatcher Road, Phoenix, AZ 85020 (MLS# 7040399) is a Multi-Family property with 24 units containing 52 bedrooms and 0 full bathrooms. 320 E Hatcher Road is currently listed for $775,000 and was received on June 11, 2026. Want to learn more about 320 E Hatcher Road? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

