$350,000
Phoenix, AZ 85006
MLS# 7018360
1 / 25
Property Description
Seller financing available with a minimum 25-30% down, competitive rate, and flexible terms. Prime redevelopment opportunity in the Garfield Historic District, zoned R-5 Multiple Family Residence. 6, 875 SF lot with an existing 714 SF structure and alley access. Potential to build up to 6-8 attached units, subject to City of Phoenix approval. Situated blocks from Roosevelt Row, Chase Field, Banner University Medical Center, and the Phoenix Convention Center. Minutes from Downtown Phoenix, ASU Downtown Campus, and the Arizona Science Center with easy access to I-10 and SR-51.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $350,000
List Price: $350,000
Status: Active
List Date: 2026-04-23
Location, Tax & Legal
Assessor's Map #: 27
Legal Description (Abbrev): LOT 15 HIGHLAND ADDITION LOTS 9-26 43-60 74-91 MCR 000235
Assessor's Parcel #: 7
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113202
Taxes: 615
Legal: LOT 15 HIGHLAND ADDITION LOTS 9-26 43-60 74-91 MCR 000235
Marketing Name: 1025 E Roosevelt St
House Number: 1025
Compass: E
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3259
County Code: Maricopa
Subdivision: HIGHLAND ADDITION LOTS 9-26 43-60 74-91
Assessor Number: 116-27-007
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 6,875
Total # of Units: 1
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1926
Zoning: R-5
Legal Info
Range: 3E
Section: 4
Township: 1N
Lot Number: 15
Project Type
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Wood: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 615
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 350000
Down Payment %: 30
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
See Private Remarks: 1
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Tenant Pays
Electricity: 1
Appliances Included
See Remarks: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Paved: 1
Other: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 0
Avg SqFt: 745
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.45843
Geo Lon: -112.059517
Property Features
Project Type: Other (See Remarks)
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Wood
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: See Remarks
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Paved; Other
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks; None
New Financing: Cash; Conventional; Owner May Carry; Other (See Remarks)
Environmental: None
Listing Office: ABI Multifamily
Last Updated: April - 23 - 2026
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