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1221 N 48th St #-, Phoenix, AZ 85008
1221 N 48th St #-, Phoenix, AZ 85008
Sold for $1,325,000
1221 N 48th St #-, Phoenix, AZ 85008
Sold for $1,325,000
1221 N 48th St #-, Phoenix, AZ 85008
1221 N 48th St #-, Phoenix, AZ 85008
1221 N 48th St #-, Phoenix, AZ 85008

1221 N 48th St #- Phoenix, AZ 85008

$1,325,000

CLOSED
Beds
Baths
0
Sqft
Acres
2.08
Year
Close Date
Sep 20, 2019
Property Type
Land
Sub Type
Date Listed
Feb 21, 2019

Description of 1221 N 48th St #-, Phoenix, AZ 85008

Listing details for 1221 N 48th St #-, Phoenix, AZ 85008 : Forty-Eight on 48th is a prime infill multifamily development opportunity approved for the construction of forty-eight multifamily units. The 2+ acre parcel of land is located in a thriving area of multifamily redevelopment projects and corporate centers. Two parcels included in the sale. APN: 125-10-007 & 125-10-008 To the north, McDowell Road is home to many employers such as ON Semiconductor, the Arizona National Guard, Azetec and TYPSA Engineering Consulting Groups, and the Arizona State University Sky Song Innovation Center. To the south, the 202 Freeway is adjacent to major employers such as State Farm, Salt River Project, First Solar, and Arizona State University. To the west, the Hohokam Expressway will connect you with employers such as Phoenix Sky Harbor International Airport, Medtronic, and University of Phoenix. Just east lies the iconic Papago Park, which is a 1,200 acre park and home to the Desert Botanical Gardens, Phoenix Zoo, Papago Golf Course, Papago Sports Complex, as well as miles of hiking trails, bike paths, and lakes.
Listing Updated : 04-29-2026 at 8:30 AM MST
Listing Provided By : Royce S Munroe, 602-714-1400, ABI Multifamily

Properties displayed may be listed or sold by various participants in the MLS

Source :

ARMLS, MLS#: 5886490

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Property History

DateEventPrice
9/20/2019
Sold
$1,325,000 -33.7%
Source:ARMLS #5886490
2/21/2019
Listed for sale
$1,999,999
Source:ARMLS #5886490

Location of 1221 N 48th St #-, Phoenix, AZ 85008

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