8047 S 2nd St - 2nd street Multifamily Development Opp 2.7ac 2.68 Acres of Commercial Land Offered at $1,227,816 CAD in Phoenix, AZ 85042

Now offered at $900,000 (previously $1,100,000), this 2.68-acre parcel presents a compelling infill opportunity in a rapidly evolving South Phoenix corridor near South Mountain Park.
Zoned R-3 with strong potential for multifamily use (buyer to verify density; conceptually ~45 units), and possible upside through rezoning to R-4 for increased density. Dual access from both 2nd Street and 3rd Street enhances site planning, circulation, and potential unit layout efficiency.
Flat, usable acreage with existing improvements including a 3BD/2BA residence and a separate 1BD/1BA structure. Improvements require renovation. Additional features include a workshop, covered pavilion, and open land suitable for staging or phased use.
Strategically located just two blocks from light rail with convenient access to I-10 freeway, Loop 202, and Phoenix Sky Harbor International Airport, supporting strong connectivity for future residential demand.
Surrounded by ongoing residential growth and positioned within a transit-accessible corridor, this site offers long-term upside for developers, builders, or land investors seeking scale in an infill location.
Ideal for multifamily, build-to-rent, or land hold strategies.
Buyer to verify zoning, density, utilities, and all material facts.
Sold as-is.