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Street View
$225,000
Monthly Est:$1,120
-- Bed
-- Bath
0.15acre lot
511 N 10th Avenue #5, Phoenix, AZ 85007
$225,000
$1,120/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
0.15 acre lot
$1,500,000/acre
Description
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 28, 2026 at 8:17 pm
- Listing Provided by: Kenny Klaus (480) 354-7344 | Real Broker
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7030970
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.15 acre lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7030970
MLS Status
Active
Days on Market
169
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
None
Utilities & Energy
Water Source
Other
Electric
None
Other Features
Lot Features
North/south Exp
Disclosures
Seller Prop Disc Stm
Subdivision Name
University Addition
Price History
| Date | Event | Price |
|---|---|---|
10/28/2026 Source: | Price Decreased | $225,000 -10.00% $0/sqft |
06/22/2026 Source: | Price Decreased | $250,000 -9.06% $0/sqft |
06/16/2026 Source: | Price Decreased | $274,900 -0.04% $0/sqft |
05/20/2026 Source: | Price Increased | $275,000 +0.04% $0/sqft |
05/20/2026 Source: | Listed for Sale | $274,900 $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Nov 06, 2026, 09:00PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
