MLS# 7074771 – 5016 N 21st Avenue, Phoenix, AZ 85015

Price: $525,000
Beds: 3
Baths: 2
Living Area SqFt: 1,304
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.56
Lot Size SqFt: 24,430
Year Built: 1936
Neighborhood: Camelback Gardens
Days on Website: 2

Courtesy of APB Valley Spaces

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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Property Details and Features

  • Appliances & Equipment
  • Refrigerator
  • Electric Range
  • Bathrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • Bedrooms
  • 3 total bedrooms
  • 3 possible bedrooms
  • Building
  • Built in 1936
  • Living area: 1304.0
  • 1 storey
  • Construction Materials: Wood Frame, Painted
  • Community
  • Near Light Rail Stop
  • Near Bus Stop
  • Cooling
  • Central Air
  • Disclosures
  • Seller Discl Avail
  • Fence
  • Partial
  • Floors
  • Tile
  • Heating
  • Electric
  • Home Owner’s Association
  • Fee Includes: No Fees
  • Interior Features
  • Non-laminate Counter
  • Eat-in Kitchen
  • Kitchen Island
  • 3/4 Bath Master Bdrm
  • Listing
  • Listing ID: 7074771
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: Single Family Residence
  • On market as of 2026-09-04
  • 2 days on market
  • Special Conditions: N/A
  • Location
  • Subdivision: CAMELBACK GARDENS
  • County/Parish: Maricopa
  • Lot
  • 0.56 acres
  • Natural Desert Back
  • Natural Desert Front
  • Parking
  • 4 open parking spaces
  • Possession
  • Close Of Escrow
  • Property
  • Other structures: Separate Guest House
  • Roof
  • Composition
  • Schools
  • Elementary School: Westwood Elementary School
  • Elementary School District: Alhambra Elementary District
  • Middle School: Choice Learning Academy
  • High School: Alhambra High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 153-25-082
  • Public Survey Range: 2E
  • Public Survey Section: 13
  • Annual Amount: $1,156
  • Tax Block: 4
  • Tax Book Number: 153.00
  • Legal Description: CAMELBACK GARDENS
  • Lot: 9
  • Map Number: 25.00
  • Year: 2025
  • Utilities
  • Water Source: City Water

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$525,000 – 5016 N 21st Avenue, Phoenix, AZ 85015

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This content last updated on September 6, 2026 1:08PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.