$1,195,000
4249 N 16TH Street #-
- Listed
- Jul 23, 2026
- Since listed
- 58 days
- Lot
- 27,485 sqft lot
Home highlights
- No HOA
About this home
Rare opportunity to acquire a mixed-use development site in the heart of Central Phoenix. This vacant parcel features C-2 Commercial zoning at the front and R-3 Multifamily zoning at the rear, offering exceptional flexibility for residential, mixed-use, or commercial development. Plans have been submitted to the City of Phoenix for 8 modern townhomes. Highlights: Mixed C-2 & R-3 zoning Plans submitted for 8 townhomes High-visibility 16th Street frontage Utilities available Minutes from SR-51, Downtown Phoenix, Midtown, Camelback Corridor, and Sky Harbor Airport Ideal for townhomes, mixed-use, office, retail, medical, restaurant, or live/work development. Located in one of Phoenix's most desirable infill corridors, this is a rare opportunity to develop in a high-demand.
From ARMLS
Property details
Systems & utilities
- Electric
- City Electric
- Sewer
- Public Sewer
- Water source
- City Franchise
Lot, exterior & construction
- Lot size
- 27,485 sqft lot
- Lot features
- Corner Lot
- Fencing
- None
- Other structures
- None
Community & lifestyle
- Subdivision
- MORNINGSIDE ACRES
Location
Explore the neighborhood
4249 N 16TH Street #-, Phoenix, AZ 85016
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Listing information
- Status
- Active
- MLS number
- 7057819
- Listed
- Jul 23, 2026
- Last updated
- Sep 9, 2026, 9:43 AM MST
- County
- Maricopa
- Previous tracked price
- $1,650,000
- Verified price reduction
- $455,000 (27.6%)
- Price reduced
- Sep 9, 2026
- Tax year
- 2025
- Listing terms
- Cash, Seller Approve Terms
- Special conditions
- N/A
- Listing agent
- Jonathan Corwell
- Listing brokerage
- Apex Residential
Listing courtesy of Jonathan Corwell, Apex Residential.