Exceptional development opportunity in the Oakland Historic District, only minutes from downtown Phoenix. This listing offers 2 adjacent R-5 zoned parcels totaling 12,600 SF, with potential for up to 12 multi-family residences or 2 single-family homes with detached ADUs. The current structure is a teardown, & the property is priced for land value only. The neighborhood is experiencing rapid revitalization with new builds, restored historic homes, & increased investment activity. Ideally located near Roosevelt Row, ASU Downtown, Valley Metro light rail, & the Grand Avenue Arts District. Perfect for developers or investors pursuing strong long-term upside in one of Phoenix's most exciting urban locations. Cash offers only. Buyers must perform all due diligence before submitting an offer.