3834 E INDIAN SCHOOL Road, Phoenix, AZ 85018

$915,000
Property Type: Comm/Industry Sale Square Footage: 1,721 Lot Size (sq. ft.): 12,033 Status: Active
Current Price: $915,000 List Date: 12/23/2025 Last Modified: 6/07/2026

Overview

Description

Rare opportunity to purchase a R-5 (High Density) zoned Multifamily land in a prime central Phoenix location. The existing structure is a 1,731 square foot single family home built in 1952, situated on a site zoned R-5. The R-5 zoning allows for a variety of residential and limited commercial uses, offering flexibility for investors, developers, or owner - occupants seeking to capitalize on the property's strong location and zoning potential. Property is located within the Arcadia Lite area of Phoenix and situated on Indian School Rd for great visibility. Within its proximity to major thoroughfares, shopping, dining, and employment centers, the property is ideally suited for a modern adaptive reuse or small-scale multifamily development after renovations/re-build.**Buyer to verify all fac

Listing Details MLS# 6960569

Location, Tax & Legal

House Number
3834
Compass
E
Street Name
INDIAN SCHOOL
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85018
Zip4
5235
Country
US
County Code
Maricopa
Subdivision
RANCHO DEL MONTE UNIT 2
Assessor Number
170-32-115
Tax Year
2025
Assessor's Map #
32
Legal Description (Abbrev)
RANCHO DEL MONTE 2
Assessor's Parcel #
115
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
108302
Taxes
3159
Legal
RANCHO DEL MONTE 2

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Residential multifamily
Ttl Apx SqFt Bldg
1721
Ttl Apx Net Rnt Spc
1721
# of Buildings
Yes
Stories
Yes
# of Interior Levels
Yes
Lot Size Dimensions
Irregular
Year Built
1952
Uncvrd Parking Spcs
2
Zoning
R-5
Flood Zone
No

Remarks Misc

Cross Street
Indian School Rd/40th St
Directions
From Loop 202 head N on 40th st. Head W on Indian School Rd. Property will be on your left side just after 39th st. From the 51 freeway head E on Indian School Rd. Property will be on your left just after 38th st.

Legal Info

Township
2N
Range
3E
Section
24
Lot Number
13

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

More Information

Currently Not Used

Sold Price Per SqFt
531.67

Construction

Block
Yes

Roofing

Composition
Yes

Floors

Concrete
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes

Business Type

Office Supply
Yes
Mixed
Yes
Service Business
Yes
Medical
Yes
Professional/Office
Yes
Retail
Yes
Other
Yes
See Remarks
Yes

Pmt & Rate Info

Equity
1000000
Total Owed
0

Lockbox Type

Supra
Yes

Ceiling Height

8 Feet or Less
Yes

Heating

Heat Pump
Yes

Cooling

Central Air
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

None
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes

Road Surface Type

Asphalt
Yes

Exterior

Other (See Remarks)
Yes

Source of Fincl Data

Unknown
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

25,001 to 35,000
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Freeway/Highway

2.1 - 5 Miles
Yes

Building Features

Patio/Deck
Yes
Kitchen
Yes
Skylight(s)
Yes

Sewer

Sewer - Public
Yes

Railroad

Other (See Remarks)
Yes

Parking Features

Private
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Cash Only
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial Business Type: Office Supply; Mixed; Service Business; Medical; Professional/Office; Retail; Other; See Remarks Construction: Block Roofing: Composition Floors: Concrete Ceiling Height: 8 Feet or Less Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: Chain Link Building Features: Patio/Deck; Kitchen; Skylight(s) Appliances Included: Dishwasher; Refrigerator Parking Features: Private Road Responsibility: City Maintained Road Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public Railroad: Other (See Remarks) New Financing: Cash Only Showing Notification Methods: Text; Phone Call Lockbox Type: Supra Source of Fincl Data: Unknown Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: 25,001 to 35,000 Environmental: None
IDX
Listing Office: Realty ONE Group
Last Updated: June - 07 - 2026
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