1820 E JONES Avenue 116, Phoenix, AZ 85040 (MLS# 7022901)

1820 E JONES Avenue 116, Phoenix, AZ 85040

New Listing

$195,000

1820 E Jones Ave_ Artist Render Possible

1820 E Jones Ave_ front Image May 01, 20

1820 E Jones Ave_Generated Image May 01,

1820 E Jones Ave_South view Image May 01

Property Type: Land Lot Size (sq. ft.): 7,484 Status: Active

Current Price: $195,000 List Date: 5/03/2026 Last Modified: 5/03/2026

Overview

Description

Prime Infill Development Opportunity | R-3 Zoning | Phoenix Opportunity Zone Located at 1820 E Jones Ave, this prime infill R-3 zoned lot offers outstanding potential in a tax-advantaged Phoenix Opportunity Zone. Zoned for multifamily residential or higher-density development, the parcel is also suitable for a single-family residence. With its prime location and flexible zoning, this property is ideal for developers or investors seeking to capitalize on both residential demand and significant tax benefits. Don't miss this exceptional opportunity in a rapidly growing area.

Supplements: Sky Harbor Airport, freeways, and major employment hubs. Don't miss your chance to secure a versatile piece of land with incredible upside!

Listing Details MLS# 7022901

Location, Tax & Legal

House Number: 1820
Compass: E
Street Name: JONES
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1421
Country: US
County Code: Maricopa
Assessor Number: 122-32-116
Subdivision: PROGRESS PLACE
Tax Year: 2025
Lot #: 116
Assessor's Map #: 32
Legal Description (Abbrev): LOT 116 PROGRESS PLACE MCR 006318
Assessor's Parcel #: 116
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115300
Taxes: 1725

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 0.17
Apx Total Acres G/N: G
Price Per Acre: 1147058.82
Apx SqFt: 7484
Price Per SqFt: 26.06
Apx SqFt G/N: G
Lot Size Dimensions: 7,484 sq ft
Zoning: M-M
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Percy L Julian School
Jr. High School: Percy L Julian School
High School: South Mountain High School

Remarks Misc

Cross Street: 16th Street and Broadway

Legal Info

Township: 1N
Range: 3E
Section: 22
Lot Number: 116

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Special Listing Cond

N/A: Yes

Pmt & Rate Info

Equity: 195000
Total Owed: 0

Assoc/Prop Info

HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N

Lockbox Type

None: Yes

Existing Land Use

Residential Lot: Yes

Zoned Presently

Multi-Family: Yes

Potential Use

Single Family: Yes
Multi-Family: Yes

Parcel Size

.0 - .24 Acres: Yes

Development Status

Raw Land: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Electric

APS: Yes

Gas

None: Yes

Distance to Cable

None: Yes

New Financing

Cash: Yes
Conventional: Yes

Distance to Phone

None: Yes

Distance to Water

On Property: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Distance to Electric

On Property: Yes

Distance to Gas

None: Yes

Distance to Sewer

On Property: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .0 - .24 Acres Development Status: Raw Land Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Distance to Cable: None Distance to Phone: None Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None Lockbox Type: None

Listing Office: Heritage Success Realty LLC

Last Updated: May - 03 - 2026