

Courtesy of APB Valley Spaces, Augustine Bartning Listing Contact: 480-269-2024
3 Beds
2 Baths
1,304 sqft
$525,000
5016 N 21ST Avenue, Phoenix AZ, 85015
Price per sqft$402.61
Built in1936
Property size1,304 sqft
Property typeResidential
Overview
Active
Listed Sep 4, 2026
Updated Sep 4
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.
Additional information
- MLS® ID
- 7074771
Interior Features
- Bedrooms
- 3
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.56 Acres
Other Property Details
- Taxes
- $1,156
- Tax Frequency
- Annually
- Municipality
- 2N
Courtesy of APB Valley Spaces, Augustine Bartning
Listing Contact: 480-269-2024
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Data Last Updated: 11:17 AM UTC, 9/4/2026.