Listed by ABI Multifamily LLC
$375,000
CITRUS FOURPLEX - DEVELOPMENT OPPORTUNITY
Details
APN 163-05-035
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,252
Units 4
Tenancy Vacant
Price per SqFt $36
Class B
Buildings 2
Stories 2
Acreage 0.240
Zoning R-3
Parking Spaces 5 spaces
Parking Per SqFt 1.18
Investment Type Redevelopment
Sale Condition N/A
CITRUS 4-PLEX: Luxury Fourplex Development Opportunity In Central Phoenix AZ (Arcadia / Biltmore)
Marketing description
Positioned in the heart of the booming 85016 zip code, this luxury infill multifamily development opportunity allows you to capitalize on the high-demand, luxury rental market between the Camelback Corridor and Arcadia Lite.
Investment highlights
- Total Units: Includes Previously Approved Plans for (4) Luxury 2-Bed / 1.5-Bath Units (Approximately 1,063 SF Each), Complete With Architectural, Civil, Structural, & MEP Plans to Expedite Your Timeline
- Project Features: In-Suite Laundry, Open-Concept Living, & Private Patios
- Site Amenities: Covered Parking, Professionally Designed Landscaping, Dog Park, Central Courtyard, & Secured Trash / Recycling
- Infrastructure: U/G Electrical Service & Perimeter Site Walls Included in Plans
- Arcadia Lite & Biltmore Access: Seconds From Top-Tier Dining, Upscale Retail, & Employment Hubs
- Outdoor Lifestyle: Minutes to Hiking at Piestewa Peak & Camelback Mountain
- High Connectivity: Fast Access to SR-51 & I-10 for Quick Commuting to Downtown or Old Town Scottsdale
- Quiet & Walkable: Located in a Premier Residential Pocket With High Walkability (Rated 8/10) & Quiet, Tree-Lined Surroundings
- Façade: Distinct, Modular Grid Pattern Featuring Alternating White & Grey / Metallic Rectangular Panels
- Structure: Sharp, Clean, Rectilinear Shapes With Industrial Accents
- Interior: Sandblasted CMU Block Walls, Waterfall Edge Kitchen Islands, Floor-to-Ceiling Glass Sliding Doors
Listing Contacts
Listed by ABI Multifamily LLC
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Zoning
R-3 ResidentialMulti FamilyMultifamily Residence
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View all 73 uses Last updated Apr 13, 2026 For deeper zoning details, reports are available at Zoneomics
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