5016 N 21st Avenue, Phoenix, AZ 85015
- $525,000
- 3
- BD
- 2
- BA
- 1,304
- SqFt
- List Price
- $525,000
- Days on Market
- 8
- Status
- ACTIVE
- MLS#
- 7074771
- City
- Phoenix
- Bedrooms
- 3
- Bathrooms
- 2
- Living SQFT
- 1,304
- Lot Size
- 24,430
- Subdivision
- Camelback Gardens
- Year Built
- 1936
- Type
- Single Family Residence
Property Description
This redevelopment opportunity is ideally located in a prime Central Phoenix location near Grand Canyon University. Highest and best value is in the land and multifamily zoning. Zoned R-3, the property offers rare density potential for an infill townhome, duplex, or 8-10+ unit residential project (buyer to verify unit count/site plan with the City of Phoenix), complete with rear alley access. Located in a qualified opportunity zone. Large 1/2 acre plus lot. Commuting is made easy with close proximity to three major highways (I-17, I-10, AZ-51) and the Phoenix Light Rail. Tenant occupied 3 bedroom/2 bathroom and detached casita. Immediate cash flow for an infill development to cover costs while plans are approved. Please do not disturb tenants.
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Additional Information
- High School
- Alhambra High School
- Middle School
- Choice Learning Academy
- Acres
- 0.56
- Architecture
- Ranch
- Assoc Fee Includes
- No Fees
- Builder Name
- Unknown
- Community Features
- Near Light Rail Stop, Near Bus Stop
- Construction
- Wood Frame, Painted
- Cooling
- Central Air
- Fencing
- Partial
- Flooring
- Tile
- Guest House SqFt
- 480
- Heating
- Electric
- Laundry
- Other
- Living Area
- 1,304
- Lot Size
- 24,430
- New Financing
- Cash, VA Loan, FHA, Conventional
- Lot Features
- Natural Desert Front, Natural Desert Back
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Style
- Ranch
- Subdivision
- Camelback Gardens
- Taxes
- $1,156
- Tax Year
- 2025
- Water
- Public
Courtesy of APB Valley Spaces. 602-279-0121
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