Date
Details
Price
Change
Source
6/25/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$599,000
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1/22
Property Description
Rare opportunity to own a well-maintained home on more than 22,000 square feet of R5-zoned land in the heart of Phoenix. This 3-bedroom, 1-bath home offers over 1,400 square feet of living space, a new roof, and a newer HVAC system installed approximately one year ago. The oversized lot and R5 zoning create opportunities seldom found in the area. R5 zoning allows for high-density residential development and certain restricted commercial uses, making the property attractive for future multifamily development, live/work opportunities, office uses, or long-term investment potential. Buyers are encouraged to verify development standards, density allowances, and permitted uses with the City of Phoenix. The property may appeal to homeowners seeking additional space, investors, developers... ...contractors, landscapers, and small business owners. According to the owner, the property previously operated as a dentist office, further demonstrating the flexibility and potential uses of the site. Ideally located near the Central Avenue light rail corridor, downtown Phoenix, and Sky Harbor Airport, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment. Whether you are looking for a home, a business opportunity, a live/work property, or future development potential, this unique property offers possibilities rarely found in today's market. Opportunities like this do not come along often, and buyers are encouraged to explore the many possibilities this property provides.
Full Property Details
Full Property Details for 502 W Southern Ave
General
- Price: $599,000
- Taxes: $1,340 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7046642
- Updated: 6/25/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Granite Counters, Eat-in Kitchen
- Appliances: Dryer, Washer, Refrigerator, Gas Range
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Other
Parking
- Parking Features: RV Gate
Location
- County: Maricopa
- Township: 1N
- Subdivision: n/a
- Cross Streets: 7th Ave & Southern Ave
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Heat Pump
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Stucco, Wood Frame, Painted, Slump Block
- Roof: Composition
- Windows: Single Pane
- Sq. Ft. Source: Assessor
- Year Built: 1934
Additional Structures
- Other Structures: Gazebo
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,738
- Lot Size Source: Assessor
- Frontage: Asphalt
- Lot Features: Dirt Front, Dirt Back
Financial Considerations
- Tax Amount: $1,340
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: E 80F OF S2 E2 SW4 SW4 SW4 EX S 45.58F RD RD .54 AC
- Property ID: 113-39-016
- Range: 3E
- Section: 29
- Lot Number: -
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— 502 W Southern Ave —
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Schools
Schools serving 502 W Southern Ave
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Sunland Elementary School 5401 South 7th Avenue, Phoenix, AZ 85041 | K-8 | 0.3 mi |
Cesar Chavez High School 3921 W Baseline Rd, Phoenix, AZ 85339 | 9-12 | 4 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 502 W Southern Ave
Tax History
Tax History for 502 W Southern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,340
—
$9,910
-49%
2025
$1,340
-4%
$19,460
100%
2023
$1,395
2%
-100%
2022
$1,366
—
$19,460
40%
2022
$1,366
188%
$13,880
33%
2021
$474
1%
$10,430
9%
2020
$468
4%
$9,580
29%
2019
$452
3%
$7,430
3%
2018
$439
7%
$7,200
39%
2017
$409
5%
$5,180
20%
2016
$388
7%
$4,310
20%
2015
$361
-3%
$3,600
27%
2014
$374
43%
$2,830
47%
2013
$261
—
$1,920
—
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 502 W Southern Ave
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502 W Southern Avenue, Phoenix, AZ 85041 (MLS# 7046642) is a Single Family property with 3 bedrooms and 1 full bathroom. 502 W Southern Avenue is currently listed for $599,000 and was received on June 25, 2026. Want to learn more about 502 W Southern Avenue? Do you have questions about finding other Single Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.