1010 N 18TH Street, Phoenix, AZ 85006 - MLS #7032653

images$269,000 images2 Beds

images2 Bath images1,264 sqft images1928

imagesUCB (Under Contract-Backups)

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Description

Investor & Developer Goldmine in the Heart of Phoenix! The true value of this property lies in its exceptional land utility and premium location. Sitting on a 7,253 sq ft lot with R-4 Multi-Family zoning, this site is legally capable of hosting up to 4 units. The current sellers have already met with the City of Phoenix and laid the groundwork for a premium concept plan: building two brand-new townhomes while converting the existing structure into a third, creating a high-yield 3-unit compound. Concept plans and preliminary designs are ready for review. The sellers are actively working on finalizing these entitlements; buy now at $269,000 in As-Is condition before the price increases once entitlements are fully secured. Highly attractive for investors looking to deploy c

Supplements: capital gains, this property is situated within a Qualified Opportunity Zone (QOZ), with adjacent parcels along Portland Street sharing the same active status. Alternatively, choose to rehab and flip the existing structure in this rapidly up-and-coming neighborhood. The current detached character home features 2 bedrooms, 2 bathrooms, and 1,264 sq ft of potential. Unparalleled urban convenience--just minutes from the Loop 202 and I-10 freeways, downtown dining, nightlife, and schools. Opportunity knocks loud here--bring your vision and capture the upside!

Property Features
Special Listing Cond: N/A
Architecture: Other
Master Bathroom: Full Bth Master Bdrm
Additional Bedroom: Separate Bedroom Exit
Flooring: Tile
Spa: None
Dining Area: Formal
Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Dishwasher; Built-in Microwave; Refrigerator; Non-laminate Counter
Laundry: 220 V Dryer Hookup
Interior Features: Fix-Up Needs Repair
Parking Features: Attached Carport; Off Street; Side Vehicle Entry
Road Access Type: Alley; City Street
Road Surface Type: Concrete; Paved
Road Responsibility: City Maintained Road
Construction: Wood Frame
Const - Finish: Wood Siding; Painted
Roofing: Composition
Cooling: Central Air
Heating: Natural Gas
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Fencing: Wrought Iron; Block
Landscaping: Dirt Front; Dirt Back
Lockbox Type: Combo
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: None
Contract Information
List Price: $269,000
Status: UCB (Under Contract-Backups)
Current Price: $269,000
List Date: 2026-05-22
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1010
Compass: N
Street Name: 18TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3619
Country: US
County Code: Maricopa
Assessor Number: 116-15-069
Subdivision: GRAND VIEW ANNEX
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 2
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1264
Price/SqFt: 212.82
Horses: N
Builder Name: Unknown
Year Built: 1928
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 7253
Approx Lot Acres: 0.167
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Thomas A Edison School
Jr. High School: Thomas A Edison School
High School: Central High School
Remarks Misc
Cross Street: E. Roosevelt st. & N 18th st.
Directions: E Roosevelt St, turn on to N 18th St, property will be on your left hand side.
Geo Lat: 33.459144
Geo Lon: -112.043615
Legal Info
Township: 1N
Range: 3E
Section: 3
Lot Number: 8
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 2
Slab Parking Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings