MLS# 7038862 – 2804 E Broadway Road #-, Phoenix, AZ 85040

Price: $640,000
Lot Size Acres: 0.88
Lot Size SqFt: 38,534
Status: Active
Days on Website: 90

Courtesy of HomeSmart

Property Description

Exceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Disclosures
  • None
  • Fence
  • None
  • Listing
  • Listing ID: 7038862
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-06-08
  • 95 days on market
  • Special Conditions: Probate Listing
  • Location
  • Subdivision: CAREFREE HOMES BLK 8
  • County/Parish: Maricopa
  • Lot
  • 0.88 acres
  • Dimensions: irregular
  • North/South Exp
  • Topography: Level
  • Natural Vegetation
  • Property
  • Mountain(s)
  • City Lights
  • Schools
  • Elementary School District: Roosevelt Elementary District
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 122-17-040-A
  • Public Survey Range: 3E
  • Public Survey Section: 23
  • Annual Amount: $1,425
  • Tax Book Number: 122.00
  • Legal Description: CAREFREE HOMES MCR 29-18 LOT 26 SE4 & S2 LOT 24 BLK 7 EX S 7F
  • Lot: –
  • Map Number: 17.00
  • Parcel Letter: A
  • Year: 2022
  • Zoning: R-5
  • Utilities
  • Water Source: City Franchise
  • SRP

Property Map

$640,000 – 2804 E Broadway Road #-, Phoenix, AZ 85040

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This content last updated on September 6, 2026 2:28AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.