3834 E INDIAN SCHOOL Road, Phoenix, AZ 85018

$970,000
Property Type: Comm/Industry Sale Square Footage: 1,721 Lot Size (sq. ft.): 12,033 Status: Active
Current Price: $970,000 List Date: 12/23/2025 Last Modified: 3/17/2026

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

More Information MLS# 6960569

Contract Info

Ownership: Fee Simple Current Price: $970,000 List Price: $970,000 Status: Active List Date: 2025-12-22

Location, Tax & Legal

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 House Number: 3834 Compass: E Street Name: INDIAN SCHOOL St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 5235 County Code: Maricopa Subdivision: RANCHO DEL MONTE UNIT 2 Assessor Number: 170-32-115 Tax Year: 2025

General Property Description

Type of Property: Residential multifamily Ttl Apx SqFt Bldg: 1721 Ttl Apx Net Rnt Spc: 1721 # of Buildings: 1 Uncvrd Parking Spcs: 2 Stories: 1 # of Interior Levels: 1 Lot Size Dimensions: Irregular Flood Zone: No Year Built: 1952 Zoning: R-5

Currently Not Used

Sold Price Per SqFt: 563.63

Legal Info

Range: 3E Section: 24 Township: 2N Lot Number: 13

Construction

Block: 1

Roofing

Composition: 1

Floors

Concrete: 1

Income & Expenses

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

Building Type

Commercial: 1

Business Type

Office Supply: 1 Mixed: 1 Service Business: 1 Medical: 1 Professional/Office: 1 Retail: 1 Other: 1 See Remarks: 1

Pmt & Rate Info

Equity: 1000000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

Supra: 1

Ceiling Height

8 Feet or Less: 1

Heating

Heat Pump: 1

Cooling

Central Air: 1

Interior Features

Other (See Remarks): 1

Loading Facilities

None: 1

Appliances Included

Dishwasher: 1 Refrigerator: 1

Road Surface Type

Asphalt: 1

Exterior

Other (See Remarks): 1

Source of Fincl Data

Unknown: 1

Road Responsibility

City Maintained Road: 1

Traffic Count

25,001 to 35,000: 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Building Features

Patio/Deck: 1 Kitchen: 1 Skylight(s): 1

Sewer

Sewer - Public: 1

Railroad

Other (See Remarks): 1

Parking Features

Private: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Cash Only: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 1st Loan Type

Not Applicable: 1

Existing 1st Loan Terms

Not Applicable: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

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. Geo Lat: 33.495497 Geo Lon: -111.998409

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
Listing Office: Realty ONE Group
IDX
Last Updated: March - 17 - 2026
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