For Sale House MLS# 7046642

502 W SOUTHERN Avenue

Phoenix, AZ 85041

$569,000

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Listing Office

Officearizona-regional-mls-rsd logoeXp Realty
AgentMichael Martinez

About 502 W SOUTHERN Avenue

Rare opportunity to own a well-maintained home on more than 22,000 square feet of R5-zoned land in the heart of Phoenix. This 3-bedroom, 1-bath home offers over 1,400 square feet of living space, a new roof, and a newer HVAC system installed approximately one year ago. The oversized lot and R5 zoning create opportunities seldom found in the area. R5 zoning allows for high-density residential development and certain restricted commercial uses, making the property attractive for future multifamily development, live/work opportunities, office uses, or long-term investment potential. Buyers are encouraged to verify development standards, density allowances, and permitted uses with the City of Phoenix. The property may appeal to homeowners seeking additional space, investors, developers... ...contractors, landscapers, and small business owners. According to the owner, the property previously operated as a dentist office, further demonstrating the flexibility and potential uses of the site. Ideally located near the Central Avenue light rail corridor, downtown Phoenix, and Sky Harbor Airport, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment. Whether you are looking for a home, a business opportunity, a live/work property, or future development potential, this unique property offers possibilities rarely found in today's market. Opportunities like this do not come along often, and buyers are encouraged to explore the many possibilities this property provides.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1934
Stories
1
Living area
1,413 sqft
Price / sqft
$403
Lot
0.52
Original price
$599,000
MLS #
7046642

Interior

Features
Central Air, Ceiling Fan(s), Granite Counters, Eat-in Kitchen, Heat Pump, Other, Vinyl, Tile
Flooring
Vinyl, Tile
Heating
Heat Pump
Cooling
Central Air, Ceiling Fan(s)
Laundry
Other
Windows
Single Pane

Exterior & lot

Features
Gazebo, RV Gated
Construction
Stucco, Wood Frame, Painted, Slump Block, Composition, Single Pane
Roof
Composition
Lot
11339016, Block
Fence
Block
Parking
RV Gated

Schools

District
Roosevelt Elementary District
Elementary
Sunland Elementary School
Middle
Sunland Elementary School
High
Cesar Chavez High School

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,340
Tax year
2025
Parcel
11339016

Location

County
Maricopa
Community
Maricopa, Asphalt, No Fees, Arizona Regional Multiple Listing Service 2, Roosevelt Elementary District
Directions
East to home. House will be on the North side of the street.

Location

Neighborhood
n/a
School district
Roosevelt Elementary District

Interested in this home?

Questions on 502 W SOUTHERN Avenue, Phoenix, AZ 85041, or want to see it in person?

The Anderson Team · (480) 900-9140

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