5437 S 4TH Street, Phoenix, AZ 85040, Phoenix, 85040 - 7 bed, 7 bath
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Phoenix, AZ 85040
Analysis of 5437 S 4TH Street, Phoenix, AZ 85040 is currently available with a list price of $890,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a land-value development opportunity, with the listing description stating that the value is in the land and requires demolition. Built in 1920, the existing structures are over 100 years old and appear dilapidated in the images, which show significant debris, makeshift outbuildings, and unmaintained grounds. There are no interior photos of a functional kitchen or bathroom, confirming the structures are not suitable for habitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59555, living area = 862.
The R4 zoning on a substantial 1.367-acre lot provides exceptional flexibility for multi-family configurations or high-density residential projects in a high-demand infill area.
Situated just minutes from Downtown Phoenix, the property offers prime access to major employment centers, transportation corridors, and urban amenities, making it highly attractive for redevelopment.
As the primary value lies in the land and the existing structure dates back to 1920, buyers must factor in the costs of demolition and clearing the site for new construction.
The property is served by local schools with low performance ratings, which may limit the appeal for family-oriented residential developments and impact future resale velocity.
Rare 1.367-acre (59,555 sq ft) R4-zoned infill opportunity in central Phoenix just minutes from Downtown. Large residential parcel offering significant development potential in an established neighborhood experiencing ongoing growth and redevelopment. City zoning allows for multiple residential configurations (buyer to verify density, lot split potential, and permitted uses). Flat, usable land with irrigation and convenient access to major transportation corridors, schools, shopping, and employment centers. Parcels of this size within the city limits are increasingly scarce. The value is in the land and its long-term development potential. Great investor opportunity!
No exterior & parking available.
Grades K-3 • 1.1 mi
Grades 4-8 • 1.2 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 7.0 | 2.0 | 99% |
| Square foot | 862 | 1,454 | 6% |
| Lot Size | 59,555 | 6,003 | 99% |
| Price | $890.0K | $328.8K | 98% |
| Price per sq ft | $1.0K | $222 | 98% |
| Built year | 1920 | 2003 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 978 | 1% |
Feb 26, 2026
$890,000
Initial Listing