4035 S 9TH Street 20/22, Phoenix, AZ 85040 (MLS# 6936954)

4035 S 9TH Street 20/22, Phoenix, AZ 85040

$1,500,000
Property Type: Land Lot Size (sq. ft.): 149,716 Status: Closed
Current Price: $1,500,000 List Date: 10/22/2025 Last Modified: 12/23/2025

Description

Large in-fill development opportunity allowing up to 109 Units! Located minutes away from Downtown Phoenix and Sky Harbor International Airport. Situated on a combined 3.44 acres in an Opportunity Zone and Qualified Census Tract, this site is ideal for high density residential development. This property offers strong redevelopment potential in a rapidly emerging submarket that continues to experience significant employment growth and investment.

More Information MLS# 6936954

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $1,500,000 Sold Price: $1,500,000 Status: Closed List Date: 2025-10-22

Location, Tax & Legal

Lot #: 20/22 Assessor's Map #: 21 Legal Description (Abbrev): LOT 20 MONTE VISTA ACRES MCR 002024 Assessor's Parcel #: 32 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 115300 Taxes: 32997 House Number: 4035 Compass: S Street Name: 9TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Zip4: 1207 County Code: Maricopa Assessor Number: 113-21-032 Subdivision: MONTE VISTA ACRES Tax Year: 2024

General Property Description

Apx Total Acres: 3.44 Apx Total Acres G/N: G Price Per Acre: 501453.49 Apx SqFt: 149716 Price Per SqFt: 11.52 Apx SqFt G/N: G Lot Size Dimensions: Regular Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District Zoning: R-4

Legal Info

Range: 3E Section: 21 Township: 1N Lot Number: 20/22

Special Listing Cond

Owner/Agent: 1

Pmt & Rate Info

Equity: 1725000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Multi-Family: 1 Other (See Rmks): 1

Potential Use

Multi-Family: 1

Parcel Size

2.50 - 4.99 Acres: 1

Current Density

Other (See Rmks): 1

Development Status

On Site Imp Needed: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Sewer

Sewer - Public: 1

Electric

SRP: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Distance to Gas

On Property: 1

Distance to Sewer

On Property: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: South 9th St & East Braodway Road Directions: 7th St to Broadway Road, North on 9th St to property on the east side of 9th St. Geo Lat: 33.409202 Geo Lon: -112.059063

Status Change Info

Off Market Date: 2025-12-04 Under Contract Date: 2025-11-14 Close of Escrow Date: 2025-12-22 Sold Price: $1,500,000

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family; Other (See Rmks) Potential Use: Multi-Family Parcel Size: 2.50 - 4.99 Acres Current Density: Other (See Rmks) Development Status: On Site Imp Needed Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None Fencing: Chain Link
Listing Office: Compass
IDX
Last Updated: December - 23 - 2025
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