See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5437 S 4TH Street, Phoenix, AZ, 85040

7beds
7baths
862sqft
$890,000
$1,032price/sqft
$5,351/moest. monthly cost
$214,040/yrincome needed

About This Home

Rare 1.367-acre (59,555 sq ft) R4-zoned infill opportunity in central Phoenix just minutes from Downtown. Large residential parcel offering significant development potential in an established neighborhood experiencing ongoing growth and redevelopment. City zoning allows for multiple residential configurations (buyer to verify density, lot split potential, and permitted uses). Flat, usable land with irrigation and convenient access to major transportation corridors, schools, shopping, and employment centers. Parcels of this size within the city limits are increasingly scarce. The value is in the land and its long-term development potential. Great investor opportunity!

Getting Around

71
WalkingVery Walkable
48
TransitSome Transit
79
BikeVery Bikeable

Schools

2/10
C O Greenfield SchoolGrades 4-81.2 mi
2/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Other
  • Construction materials: Other,Painted

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Electric Range
  • Laundry features: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Flooring: Other

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,See Remarks

Interior Area

  • Total structure area: 862
  • Total interior livable area: 862 sqft

Property

Details

  • Parcel number: 11345047B

Features

  • Stories: 1
  • Spa features: None
  • Fencing: See Remarks

Lot

  • Lot size: 1.37 Acres
  • Features: Dirt Front,Dirt Back

Parking

  • Total spaces: 9
  • Parking features: Off Street
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,500$54,000
Home Insurance $309$3,708
Property Taxes $326$3,912
Electricity $216$2,603
Total$5,351$64,212

Income You'd Need if You Spent...

35% on housing$183,462/yr
40% on housing$160,530/yr
45% on housing$142,693/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,032This listing

vs Other Active Listings

Avg $/sqft

ZIP 85040$175
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85040$236
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Price change$890,000
2026-03-01Listed for sale$930,000

For Sale by Agent

AgentMaria Stamate
BrokerageeXp Realty

Similar Homes