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2524 E Washington St
Phoenix, AZ 85034 East Side

$1,500,000 USD

Land For Sale  •  0.76 AC

Property Details

  • Property Type Land
  • Lot Size 0.76 AC
  • Zoning WU T4:3 and T5:5
55 Transit Score
51 Walk Score

Description

This level infill development site, consisting of five contiguous tax parcels—three fronting East Washington Street and two on East Adams Street—offers an exceptional opportunity for a boutique or mid-scale multifamily project in the heart of Central Phoenix. Its dual-street frontage enhances design flexibility, circulation, and site planning efficiency, making it highly suitable for urban residential, mixed-use, or live-work configurations.
The property is zoned WU T:4.3 and WU T:5.5, both part of Phoenix’s Walkable Urban Code, allowing for medium- to high-density multifamily development, retail, office, and live-work units in a pedestrian-oriented environment. This zoning supports building heights up to 100 feet, enabling developers to maximize density and create housing aligned with modern urban-living demand. The Walkable Urban designations encourage street-activated uses, transit-oriented development, and higher-intensity residential projects—an ideal framework for new multifamily construction.

Highlights

5 contiguous parcels spanning East Washington St and East Adams St offering flexible site planning for a unified development
Ideal for small to midscale multifamily development, supported by walkable-urban zoning designed to encourage transit-oriented housing
Within 1 mile of major employment centers, including Phoenix Sky Harbor Airport and ValleyWise health Medical Center
Daytime population is 50%-90% higher highlighting a significant need for affordable workforce housing
Direct light rail access to Downtown Phoenix, Tempe, Mesa and Phoenix Sky Harbor Airport

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
24Th St/Washington (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 0 min 5 min 0.2 mi
24Th St/Jefferson (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 0 min 6 min 0.3 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 8 min - 3.9 mi
Phoenix-Mesa Gateway 41 min - 30.7 mi
Cathy Fox 602-316-7978 Coldwell Banker Commercial
Cathy Fox 602-316-7978 Coldwell Banker Commercial