$525,000
5016 N 21ST Avenue
- Price per sqft
- $403/sqft
- Listed
- Sep 2, 2026
- Since listed
- 14 days
- Lot
- 24,430 sqft lot
Home highlights
- Single-story
- No HOA
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.
From ARMLS
Property details
Home & layout
- Property type
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,304 sqft
- Year built
- 1936
- Stories
- Single-story
Interior
- Interior features
- Non-laminate Counter, Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
- Flooring
- Tile
- Laundry
- Other
Systems & utilities
- Heating
- Electric
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water source
- City Water
Lot, exterior & construction
- Lot size
- 24,430 sqft lot
- Lot features
- Natural Desert Back, Natural Desert Front
- Construction
- Wood Frame, Painted
- Roof
- Composition
- Fencing
- Partial
- Other structures
- Separate Guest House
- Spa
- None
Parking & access
- Garage
- 0 spaces
- Carport
- 0 spaces
- Covered parking
- 0 spaces
Community & lifestyle
- Subdivision
- CAMELBACK GARDENS
- Community features
- Near Light Rail Stop, Near Bus Stop
Location
Explore the neighborhood
5016 N 21ST Avenue, Phoenix, AZ 85015
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Schools
- Elementary
- Westwood Elementary School
- Middle
- Choice Learning Academy
School assignments can change and are not guaranteed. Please verify enrollment directly with the district.
Listing information
- Status
- Active
- MLS number
- 7074771
- Listed
- Sep 2, 2026
- Last updated
- Sep 4, 2026, 4:14 AM MST
- County
- Maricopa
- Tax year
- 2025
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Close of Escrow
- Special conditions
- N/A
- Listing agent
- Augustine Bartning
- Listing brokerage
- APB Valley Spaces
Listing courtesy of Augustine Bartning, APB Valley Spaces.