5016 N 21st Avenue, Phoenix, AZ 85015
- $525,000
- 3
- BD
- 2
- BA
- 1,304
- SqFt
- List Price
- $525,000
- Days on Market
- 3
- 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.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.