2539 E BROADWAY Road #12
Phoenix, AZ 85040
South MountainLocal Information
-- mins to
Home Highlights
Property Type
Lot/Land
Description
Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often.
Parcels: 122-57-003-A & 112-57-005-A
Parcels: 122-57-003-A & 112-57-005-A
2539 E BROADWAY Road #12, Phoenix, AZ 85040 is a lot/land in South Mountain. It last sold for $135,000 on Oct 15, 2025 (9% below the $148,000 asking price). It is currently off market.
Home Details for 2539 E BROADWAY Road #12
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Gas & Electric Electric: APSHas Electric on Property |
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Exterior Home Features Vegetation: Natural VegetationOther Structures: None |
Parking & Garage No CarportNo Garage |
Frontage Road Frontage: Curb(s) & Gutter(s), Sidewalk(s)Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Topography: Level |
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Cumulative Days on Market: 140 |
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Property Type / Style Property Type: LandProperty Subtype: Land |
Property Information Parcel Number: 12257003A |
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Price List Price: $148,000 |
Status Change & Dates Off Market Date: Thu Oct 16 2025 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: BROADWAY ESTATES LOTS 1-10, 33-52, 75-94 |
School Information Elementary School District: Roosevelt Elementary DistrictHigh School District: Phoenix Union High School District |
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No HOA |
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Lot Area: 7009 sqft |
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Listing Terms: Cash |
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Mls Number: 6872616 |
Last check for updates: about 6 hours ago
Listed by Zhobin Jawanmardi, (602) 828-4995
Compass
Adam Joffe, (602) 561-3633
Compass
Bought with: Diego Romero Pena, (602) 679-5874, Libertas Real Estate
Source: ARMLS, MLS#6872616

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 2539 E BROADWAY Road #12
| Date | Price | Event | Source |
|---|---|---|---|
| 10/15/2025 | $135,000 | Sold | ARMLS #6872616 |
| 09/26/2025 | $148,000 | PriceChange | ARMLS #6872616 |
| 09/13/2025 | $129,000 | PriceChange | ARMLS #6872616 |
| 08/11/2025 | $190,000 | PriceChange | ARMLS #6872616 |
| 07/22/2025 | $196,000 | PriceChange | ARMLS #6872616 |
| 05/29/2025 | $199,000 | Listed For Sale | ARMLS #6872616 |
Market trends in South Mountain
Last updated June 2026
Avg. sale price
$387K
$9.67KMoM
Sale-to-List Price
99.8%
Price per sq ft
$242
$8MoM
Available listings
381
21MoM
Comparable Sales for 2539 E BROADWAY Road #12
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Lot/Land | $135,000 | 10/15/25 | - | - | ||
0.45 | Lot/Land | $45,000 | 12/16/25 | - | - | ||
0.45 | Lot/Land | $45,000 | 12/16/25 | - | - | ||
1.21 | Lot/Land | $133,500 | 03/20/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2539 E BROADWAY Road #12.
What Locals Say about South Mountain
At least 811 Trulia users voted on each feature.
83 % Say car is needed
82 % Say there are sidewalks
79 % Say parking is easy
78 % Say yards are well-kept
70 % Say it's dog friendly
69 % Say there's holiday spirit
62 % Say kids play outside
59 % Say it's quiet
54 % Say streets are well-lit
54 % Say they plan to stay for at least 5 years
50 % Say people would walk alone at night
47 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
42 % Say there's wildlife
41 % Say it's walkable to restaurants
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 2539 E BROADWAY Road #12
Off Market Homes Near 2539 E BROADWAY Road #12
