Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.
Lot/land
$2,999,000
519 W GLENROSA Avenue #152, Phoenix, AZ 85013
--beds
--baths
2.43Acres
Land
Built in ----
2.43 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 406 days |
- 89 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Joel Chacko 480-474-7351,
Grigg's Group Powered by The Altman Brothers
Source: ARMLS,MLS#: 6886044
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 2.43 Acres
Details
- Additional structures: None
- Parcel number: 15533291
- Zoning: R-4
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Subdivision: PARK FIFTH AVENUE CONDOMINIUMS
HOA
- Has HOA: Yes
- HOA name: Park 5th Ave Condo
- HOA phone: 480-889-5005
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $109
- Date on market: 6/27/2025
- Cumulative days on market: 407 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Listed for sale | $2,999,000 |
Source:  ARMLS #6886044 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 9/10Longview Elementary SchoolGrades: PK-8Distance: 1.6 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.5 mi
- 4/10Osborn Middle SchoolGrades: 7-8Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Encanto School
- Middle: Osborn Middle School
- High: Central High School
- District: Osborn Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $8,800-- bd-- ba-- sqft519 W Glenrosa Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft519 W Glenrosa Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft519 W Glenrosa Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft519 W Glenrosa Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft519 W Glenrosa Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft520 W Turney Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft520 W Turney Ave, Phoenix, AZ 85013Off Market
- $8,800-- bd-- ba-- sqft520 W Turney Ave, Phoenix, AZ 85013Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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