MLS# 7057819 – 4249 N 16th Street #-, Phoenix, AZ 85016

Price: $1,650,000
Lot Size Acres: 0.63
Lot Size SqFt: 27,485
Status: Active
Days on Website: 44

Courtesy of Apex Residential

Property Description

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.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Disclosures
  • None
  • Fence
  • None
  • Listing
  • Listing ID: 7057819
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-07-23
  • 43 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: MORNINGSIDE ACRES
  • County/Parish: Maricopa
  • Lot
  • 0.63 acres
  • Dimensions: 85′ x 283′
  • Corner Lot
  • Topography: Level
  • Schools
  • Elementary School District: Madison Elementary District
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 163-28-048-A
  • Public Survey Range: 3E
  • Public Survey Section: 22
  • Annual Amount: $4,205
  • Tax Book Number: 163.00
  • Legal Description: MORNINGSIDE AC LOT 24 N 93′ EX W 7′ RD & EX 12’X5′ TRI TH/OF
  • Lot: –
  • Map Number: 28.00
  • Parcel Letter: A
  • Year: 2025
  • Zoning: C-2
  • Utilities
  • Water Source: City Franchise
  • City Electric

Property Map

$1,650,000 – 4249 N 16th Street #-, Phoenix, AZ 85016

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This content last updated on September 5, 2026 5:01AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.