1711 W LATHAM Street, Phoenix, AZ 85007, Phoenix, 85007 - 0 bed, 0 bath
Loading property details...
Phoenix, AZ 85007
This Prime Infill Development Opportunity is listed at $297,000, representing a strategic land-value acquisition in a rapidly redeveloping Phoenix corridor. The asset’s primary value lies in its 7,020 SF Lot and M-H Multi-Family, High Density Zoning, which provides significant ROI potential through duplex or triplex construction. With a Condition Rating of 6, the existing structure is unsound and requires demolition. Located near Capitol Elementary School, this high-upside project is perfectly suited for Experienced Builders and Multi-Family Developers seeking a cash-only investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1711 W LATHAM Street Subject | $297,000* List Price | 0 | 0 | 1,344 | $102 | - |
A 1618 W TAYLOR Street Sold | $264,900 List Price | 4 | 2 | 1,130 | 0.4 mi | |
B 418 N 17TH Avenue Sold | $345,000 List Price | 3 | 2 | 1,262 | 0.4 mi | |
C 2230 N LAUREL Avenue Sold | $305,000 | 3 | 2 | 1,529 | $199 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a land-value-only development opportunity. Built in 1930 with no evidence of recent renovations, the structure is described as not being of sound construction. Visual evidence shows a partially missing roof and severe structural deterioration, making it unlivable and requiring demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7020, living area = 1344.
The M-H Multi-Family High Density zoning allows for the development of a duplex or triplex, providing a significant opportunity to maximize the utility and ROI of the 7,020 SF lot.
Situated in a rapidly redeveloping area of Phoenix, this property is perfectly positioned for investors to capitalize on the neighborhood's upward growth and urban revitalization.
The existing 1930s building is not of sound construction and is valued for land only, requiring the buyer to factor in the costs and logistics of demolition.
The requirement for cash or hard money only, coupled with a strict as-is sale, significantly limits the buyer pool by excluding traditional residential financing.
Prime infill development opportunity located in a mixed use zone. Property is not sound construction and is valued for land only. Zoned M-H Multi-Family, High Density (up to 2,499 SF), offering strong potential for duplex or triplex development in a rapidly redeveloping area. Ideal for experienced builders and investors seeking density and upside. Sold strictly as-is, no repairs or warranties. Cash or hard money only. Buyer and buyer's agent to independently verify all zoning, density, development standards, utilities, permits, and all other material facts.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades PK-8 • 0.9 mi
Grades PK-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 1,344 | 1,511 | 37% |
| Lot Size | 7,020 | 7,355 | 32% |
| Price | $297.0K | $483.5K | 29% |
| Price per sq ft | $221 | $349 | 29% |
| Built year | 1930 | 1936 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 128 | 1425 | 10% |
Dec 19, 2025
$297,000
Initial Listing