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Active

$500,000

616 Cheryl Lane, Phoenix, OR, 97535

Description

Bedroom

3 Rooms

Bathroom

2 Baths

Square Foot

1610 Ft

Lot Size

1.00 Acre

Attention Developers & Investors! Rare opportunity to acquire highly desirable, buildable lots totaling 1 acre in a rapidly developing area of Phoenix. Zoned R-3 (High Density Residential), this property offers multiple development options--ideal for multi-family or townhome projects. Currently situated on the 0.59-acre portion is a 1,610 sq ft home featuring 3 bedrooms, 2 bathrooms, and a spacious living room with a fireplace--perfect as an income-producing rental while you finalize your building plans and permits. Don't miss this prime infill opportunity in a growing market!

Location

Contact Agent

Phoenix Expert Agent

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Additional Listing Details:

56 days on HouseJet

Last Refresh: 07/12/2025 10:00:03 AM UTC

MLS #: 220201845

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