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502 E Roeser Road, Phoenix, AZ 85040

$950,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,356 Lot Size (sq. ft.): 87,120 Status: Active
Current Price: $950,000 Last Modified: 11/21/2025

Description

Prime 2-Acre Multi-Family Property with R4 Zoning - Great Investment Opportunity! This versatile 2-acre property offers incredible potential with its R4 zoning, perfect for multi-family development or other investment opportunities. Located in a highly accessible area with both an entrance and exit on Roeser Rd and Cody Drive, this property ensures convenience and ease of access. The property also features a well-maintained 3-bedroom, 2-bathroom residence. Whether you are looking to expand your investment portfolio or create a thriving multi-family community, this location offers limitless possibilities.

More Information MLS# 6833343

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $950,000 Status: Active Current Price: $950,000 List Date: 2025-02-09

Location, Tax & Legal

Assessor's Map #: 36 Assessor's Parcel #: 41 Tax Municipality: Maricopa - COUNTY Taxes: 2247 House Number: 502 Compass: E Street Name: Roeser St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Zip4: 8718 County Code: Maricopa Assessor Number: 113-36-041 Subdivision: None Tax Year: 2024

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 2356 Price/SqFt: 403.23 Approx Lot SqFt: 87120 Approx Lot Acres: 2 Horses: Y Builder Name: Unknown Lead Based Hazard Disclosure: Yes Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District Elementary School: Irene Lopez School Jr. High School: Cesar E Chavez Community School High School: South Mountain High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 3 Total Bathrooms: 2 Year Built: 1926

Legal Info

Range: 3E Section: 29 Township: 1N

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Architecture

Ranch: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Flooring

Laminate: 1 Tile: 1

Dining Area

Eat-in Kitchen: 1

Heating

Electric: 1

Kitchen Features

Gas Oven: 1 Gas Range: 1

Cooling

Central Air: 1

Laundry

Washer Hookup: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Block: 1 Wrought Iron: 1 Chain Link: 1

Water Source

City Water: 1

Exterior Features

Patio: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Carport Spaces: 2

New Financing

Cash: 1 Cash to Loan: 1 Conventional: 1 Owner May Carry: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Dirt Front: 1 Dirt Back: 1

Unit Style

All on One Level: 1

Contact Info

List Agent Home Phn: 602-799-7908

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: 7th Street and Roeser Rd. Directions: West to Pproperty. Geo Lat: 33.400644 Geo Lon: -112.066755

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm Flooring: Laminate; Tile Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range Laundry: Washer Hookup Exterior Features: Patio Construction: Wood Frame Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Electric Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Wrought Iron; Block; Chain Link Landscaping: Dirt Front; Dirt Back Lockbox Type: None Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Cash to Loan; Conventional; Owner May Carry Disclosures: Seller Discl Avail
Listing Office: West USA Realty
IDX
Last Updated: November - 21 - 2025
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