For Sale Lot / Land MLS# 7030970

511 N 10TH Avenue 5

Phoenix, AZ 85007

$250,000

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Listing Office

Officearizona-regional-mls-rsd logoReal Broker
AgentKenny Klaus
Phone480-354-7344

About 511 N 10TH Avenue 5

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.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.15
Original price
$275,000
MLS #
7030970

Exterior & lot

Lot
R-5, 11130033, Level

Schools

District
Phoenix Elementary District
Elementary
Kenilworth Elementary School
Middle
Kenilworth Elementary School
High
Central High School

Utilities

Utilities
Other
Water
Other

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$266
Tax year
2025
Parcel
11130033

Location

Subdivision
UNIVERSITY ADDITION
County
Maricopa
Neighborhood
Grand Avenue Arts District
Community
Maricopa, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District
Directions
West on Roosevelt, South on 10th Ave to the Property is just South of Fillmore and the East side of 10th Ave

Location

Neighborhood
Grand Avenue Arts District
Subdivision
UNIVERSITY ADDITION
School district
Phoenix Elementary District

Interested in this home?

Questions on 511 N 10TH Avenue 5, Phoenix, AZ 85007, or want to see it in person?

The Anderson Team · (480) 900-9140

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