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$525,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5016 N 21st Ave
General
- Price: $525,000
- Taxes: $1,156 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7074771
- Updated: 9/4/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Non-laminate Counter, Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
- Appliances: Refrigerator, Electric Range
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Other
Location
- County: Maricopa
- Township: 2N
- Subdivision: CAMELBACK GARDENS
- Cross Streets: 21st Ave and Camelback Rd.
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Ranch,
- Exterior Const.: Wood Frame, Painted
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1936
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,430
- Lot Size Source: Assessor
- Lot Features: Natural Desert Back, Natural Desert Front
Financial Considerations
- Tax Amount: $1,156
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: CAMELBACK GARDENS
- Property ID: 153-25-082
- Range: 2E
- Section: 13
- Block: 4
- Lot Number: 9
Listed by APB Valley Spaces
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Schools
Schools serving 5016 N 21st Ave
School Districts:Alhambra Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Westwood Primary School 4711 N 23rd Ave, Phoenix, AZ 85015 | K-5 | 0.3 mi |
Choice Learning Academy 5330 North 23rd Avenue, Phoenix, AZ 85015 | 6-8 | 0.4 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5016 N 21st Ave
Date
Details
Price
Change
Source
9/04/2026
Listed
$525,000
191.67%
MLS
9/21/2017
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5016 N 21st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,156
10%
$30,830
—
2024
$1,050
—
$30,880
-13%
2023
$1,055
2%
$35,320
43%
2022
$1,039
—
$24,760
42%
2022
$1,039
-1%
$17,450
-16%
2021
$1,048
4%
$20,770
30%
2020
$1,008
1%
$15,980
15%
2019
$996
8%
$13,950
18%
2018
$919
1%
$11,850
17%
2017
$907
4%
$10,150
12%
2016
$869
6%
$9,080
-5%
2015
$823
-1%
$9,600
74%
2014
$833
16%
$5,510
16%
2013
$718
—
$4,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5016 N 21st Ave
5016 N 21st Avenue, Phoenix, AZ 85015 (MLS# 7074771) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5016 N 21st Avenue is currently listed for $525,000 and was received on September 04, 2026. Want to learn more about 5016 N 21st Avenue? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

