MLS# 7046642 – 502 W Southern Avenue, Phoenix, AZ 85041

Price: $589,000
Beds: 3
Baths: 1
Living Area SqFt: 1,413
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.52
Lot Size SqFt: 22,738
Year Built: 1934
Neighborhood: N/a
Days on Website: 73

Courtesy of eXp Realty

Property Description

Rare opportunity to own a well-maintained home on more than 22,000 square feet of R5-zoned land in the heart of Phoenix. This 3-bedroom, 1-bath home offers over 1,400 square feet of living space, a new roof, and a newer HVAC system installed approximately one year ago. The oversized lot and R5 zoning create opportunities seldom found in the area. R5 zoning allows for high-density residential development and certain restricted commercial uses, making the property attractive for future multifamily development, live/work opportunities, office uses, or long-term investment potential. Buyers are encouraged to verify development standards, density allowances, and permitted uses with the City of Phoenix. The property may appeal to homeowners seeking additional space, investors, developers… …contractors, landscapers, and small business owners. According to the owner, the property previously operated as a dentist office, further demonstrating the flexibility and potential uses of the site. Ideally located near the Central Avenue light rail corridor, downtown Phoenix, and Sky Harbor Airport, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment. Whether you are looking for a home, a business opportunity, a live/work property, or future development potential, this unique property offers possibilities rarely found in today’s market. Opportunities like this do not come along often, and buyers are encouraged to explore the many possibilities this property provides.

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Property Details and Features

  • Property Access
  • Road Responsibility: City Maintained Road
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Dryer
  • Washer
  • Refrigerator
  • Gas Range
  • Bathrooms
  • 1 total bathroom
  • 1 full bathroom
  • Bedrooms
  • 3 total bedrooms
  • 3 possible bedrooms
  • Building
  • Built in 1934
  • Living area: 1413.0
  • 1 storey
  • Construction Materials: Stucco, Wood Frame, Painted, Slump Block
  • Cooling
  • Central Air
  • Ceiling Fan(s)
  • Disclosures
  • Agency Discl Req
  • Seller Discl Avail
  • Fence
  • Block
  • Floors
  • Vinyl
  • Tile
  • Foundation
  • Slab
  • Heating
  • Heat Pump
  • Home Owner’s Association
  • Fee Includes: No Fees
  • Interior Features
  • Granite Counters
  • Eat-in Kitchen
  • Listing
  • Listing ID: 7046642
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Single Family Residence
  • 74 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: n/a
  • County/Parish: Maricopa
  • Lot
  • 0.52 acres
  • Dirt Front
  • Dirt Back
  • Parking
  • 1 carport spaces
  • 1 covered spaces
  • 4 open parking spaces
  • RV Gate
  • Possession
  • Close Of Escrow
  • Property
  • Other structures: Gazebo
  • Roof
  • Composition
  • Schools
  • Elementary School: Sunland Elementary School
  • Elementary School District: Roosevelt Elementary District
  • Middle School: Sunland Elementary School
  • High School: Cesar Chavez High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 113-39-016
  • Public Survey Range: 3E
  • Public Survey Section: 29
  • Annual Amount: $1,340
  • Tax Book Number: 113.00
  • Legal Description: E 80F OF S2 E2 SW4 SW4 SW4 EX S 45.58F RD RD .54 AC
  • Lot: –
  • Map Number: 39.00
  • Year: 2025
  • Utilities
  • Water Source: City Water
  • Windows
  • Single Pane

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$589,000 – 502 W Southern Avenue, Phoenix, AZ 85041

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This content last updated on September 6, 2026 9:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.