511 N 10th Avenue #5, Phoenix, AZ 85007
Local realty services provided by:CENTURY 21 Desert Estates Realty
511 N 10th Avenue #5,Phoenix, AZ 85007
$225,000
- 0.08 Acres
- Lots / Land
- Active
Listed by: kenny klaus
Office: real broker
MLS#:7030970
Source:ARMLS
Price summary
- Price:$225,000
About this home
This vacant 6715+/- square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Zoned R5/R1. The site supports a range of residential development options, including multi-family configurations, making it an attractive choice for urban housing projects. The property consists of 2 parcels(APN 111-30-031 & 111-30-033), delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility & visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization & investment activity
At the intersection of Grand Ave and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than a mile from downtown With its central location along Grand Ave in the Entertainment Arts District, flexible zoning, and development potential, this site is well-suited for builders and investors looking to capitalize on Phoenix's expanding residential demand.
Seller financing is available:
25% down, 7% over 30 years with a 5-year balloon. 4% prepayment penalty for the first 3 years, no prepayment penalty after 3 years....
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Home facts
- Subdivision & Development:UNIVERSITY ADDITION
- Listing ID #:7030970
- Updated:October 30, 2026 at 04:42 PM
Structure and exterior
- Lot area:0.08 Acres
Schools
- High school:Central High School
- Middle school:Kenilworth Elementary School
- Elementary school:Kenilworth Elementary School
Finances and disclosures
- Price:$225,000
- Tax amount:$266 (2025)
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