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5016 N 21st Avenue, Phoenix, AZ 85015

Phoenix
Local realty services provided by:CENTURY 21 Arizona Foothills
5016 N 21st Avenue,Phoenix, AZ 85015
$525,000
  • 3 Beds
  • 2 Baths
  • 1,304 sq. ft.
  • Single family
  • Active
Listed by: augustine bartning
Office: apb valley spaces
MLS#:7074771
Source:ARMLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$402.61

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:September 08, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Tile
  • Living area:1,304 sq. ft.

Heating and cooling

  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1936
  • Building area:1,304 sq. ft.
  • 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

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$402.61
  • Tax amount:$1,156 (2025)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Floyd Scott

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