5016 N 21st Avenue

Phoenix, AZ
$ 525,000 Beds 3 Baths 2 Sq 1,304
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 525,000
  • City
  • Phoenix
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARICOPA
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.56 Acres
  • Zip
  • 85015
  • Sqr Footage
  • 1,304
  • Year Built
  • 1936
  • Taxes
  • $ 1156
  • Style
  • Ranch
  • MLS#
  • 7074771
Listed By: APB Valley Spaces; 602-279-0121
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Composition
Garage Spaces 0.0
Association Fee Includes No Fees
Architectural Style Ranch
Construction Materials Wood Frame,Painted
Year Built 1936
Township 2N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Near Light Rail Stop,Near Bus Stop
County Maricopa
New Construction No
Property Type Residential
HOA No
Subdivision Name CAMELBACK GARDENS
Other Structures Guest House
Special Listing Conditions N/A
Status Active
Directions First house on left after turning onto 21st Ave from Camelback Rd.
High School Alhambra High School
City Phoenix
Disclosures Seller Discl Avail
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Lot Size Units Square Feet
Lot Size Square Feet 24430.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Westwood Elementary School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1156.0
Home Warranty Y/N No
Middle/Junior High School Choice Learning Academy
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name Unknown
Standard Status Active
Occupancy Type Tenant
Elementary School District Alhambra Elementary District
Tax Lot 9
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Non-laminate Counter,Eat-in Kitchen,Kitchen Island,3/4 Bath Master Bdrm
Flooring Tile
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Other
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 3
Kitchen Island True
Non-laminate Counter True

Exterior Features

Fencing Partial
Lot Features Natural Desert Back,Natural Desert Front
Water Source Public
Lot Size Area 24430.0
Spa No
Lot Size Acres 0.56
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 0.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Gilbert, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Westwood Elementary School
Middle School Choice Learning Academy Middle School
High School Alhambra High School

Price History

9/4/2026 Listed $525,000

Property vs Zip Code Average in 85015

Price
AVG $490K
$530K
Taxes
AVG $1,765
$1,156
Year Built
AVG 1961
1936
Visits
AVG 199
27
Data Provided by Inside Real Estate®

Areas That We Cover

5016 N 21st Avenue Phoenix, AZ is a Single Family Home for sale at $525000 with 1304 sqft and a lot size of 0.56 Acres Acre(s). 5016 N 21st Avenue Phoenix has 3 bedrooms, 2 baths and was built in 1936. The property's zip code is 85015 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.