5016 N 21st Avenue, Phoenix, AZ 85015

Phoenix
Local realty services provided by:ERA Brokers Consolidated
5016 N 21st Avenue,Phoenix, AZ 85015
$525,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: augustine bartning
Office: apb valley spaces
MLS#:7074771
Source:ARMLS

Price summary

  • Price:$525,000

About this home

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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Home facts

  • Year built:1936
  • Subdivision & Development:CAMELBACK GARDENS
  • Listing ID #:7074771
  • Updated:October 20, 2026 at 03:09 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Tile

Heating and cooling

  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1936
  • Lot area:0.56 Acres
  • Lot Features:Natural Desert Back, Natural Desert Front
  • Architectural Style:Ranch
  • Construction Materials:Painted

Schools

  • High school:Alhambra High School
  • Middle school:Choice Learning Academy
  • Elementary school:Westwood Elementary School

Finances and disclosures

  • Price:$525,000
  • Tax amount:$1,156 (2025)
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