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320 E Hatcher Rd, Phoenix, AZ 85020

$649,000
•
  • 58

    bed

  • 14

    bath

Multi-family for sale 1 hour
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About 320 E Hatcher Rd

Property type Multi-family
Neighborhood
Year built 2026
HOA fee $0/month
Movoto estimate
Property description
R-5 Zoned for High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Shovel ready, fully approved project awaiting a developer to pull permits for a 20 unit 2 story development with 10 garages and 21 additional surface parking spaces. However, there is also a previously approved 24 unit 3 story project that has the following floor plans: 14 three bed/two bath, 6 two bed/one bath, and 4 one bed/one bath. The development consists of 24,324 square feet of living space. Both plan set conveys with sale.
Listed by
Listing Agent - Keith Grayson
Listing Office - Grayson Real Estate
Source: ARMLS mls logo
MLS#7103060 • last updated 1 hour ago
Movoto checked ARMLS for data 11 minutes ago
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Overview
Cooling/AC See Remarks
Heating See Remarks
MLS # 7103060
Type Multiple Dwellings
Status Active
Property Tax 2498.34
Condition To Be Built
Year Built 2026
Interior
Total # of Bathrooms 38
Total # of Bedrooms 58
Flooring Vinyl
Appliances See Remarks
Exterior
Roof Foam
Construction Wood Frame, Stucco
Parking See Remarks
# of Open Parking Spaces 21
# of Covered Spaces 10
Amenities / Utilities
Water Source See Remarks
Sewer/Septic See Remarks
Security Features Security Light(s)
Location
Community Features Barbecue, No Pool
Elementary School Sunnyslope Elementary School
Elementary School District Washington Elementary School District
Middle School Sunnyslope Elementary School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 159-45-141
Zoning R5
Directions From AZ-51 And Northern Avenue, West On Northern, North On 7th Street, West On Hatcher To Property.
Multifamily Details
Total # of Units 24
Expense: Operating 67770.34
Financial Data Source Projected Proforma
Expense: Maintenance 7500
Vacancy Allowance 0.06
Expense: Insurance 9600
Gross Income 562872
Expense: Trash 7200
Expense: Professional Management 33772
Expense: Water/Sewer 4800
Gross Scheduled Income 588000
Expense: Gardener 2400
Lot/ Land Details
Road Surface Asphalt
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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85020
  • North Mountain
  • 320 E Hatcher Rd

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