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$600,000 Just Listed
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Property Description
Here is your opportunity to own a C-1 zoned commercial property with Southern Ave frontage. Currently being used as a recording studio with long-term month-to-month tenants. Permits uses such as small retail, personal services, offices and daycare. Detached apartment in back with alley access. *** OWC w/35% down.***
Full Property Details
Full Property Details for 506 E Southern Ave
General
- Price: $600,000
- Taxes: $2,855 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6968162
- Updated: 1/15/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: See Remarks
Rental Information
- Complex Features: Kitchen
Interior
- Flooring: Carpet
Parking
- Parking Features: Parking Lot, Paved, Private
Location
- County: Maricopa
- Township: 1N
- Subdivision: SOUTHERN GARDENS
- Cross Streets: 7th Street and Southern Ave.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Structure Type: Commercial, Office
- Exterior Const.: Wood Frame, Stucco, Block
- Roof: Foam
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,472
- Zoning: C1
Financial Considerations
- Tax Amount: $2,855
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SOUTHERN GARDENS MCR 30-26 LOT 18 BLK 2 EX S 7F
- Property ID: 113-44-060
- Range: 3E
- Section: 29
- Lot Number: 18
Listed by Casa De Guerrero Realty
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Schools
Schools serving 506 E Southern Ave
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
John F Kennedy Elementary School 6825 South 10th Street, Phoenix, AZ 85042 | PK-3 | 0.8 mi |
C O Greenfield School 7009 South 10th Street, Phoenix, AZ 85042 | 4-8 | 0.9 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 E Southern Ave
Date
Details
Price
Change
Source
1/14/2026
Listed
$600,000
334.78%
MLS
8/07/2018
Sold
$138,000
—
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 506 E Southern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,855
—
$33,300
3%
2024
$2,869
—
$32,464
-3%
2023
$2,871
-1%
$33,561
24%
2022
$2,897
—
$27,013
10%
2022
$2,897
-5%
$24,534
1%
2021
$3,040
5%
$24,192
23%
2019
$2,905
-3%
$19,674
-14%
2020
$3,002
6%
$22,914
16%
2018
$2,827
5%
$19,818
4%
2017
$2,694
5%
$18,990
9%
2016
$2,563
3%
$17,406
19%
2015
$2,479
5%
$14,579
11%
2014
$2,353
4%
$13,148
-6%
2013
$2,272
—
$14,011
—
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 506 E Southern Ave
506 E Southern Avenue, Phoenix, AZ 85040 (MLS# 6968162) is a Commercial property. 506 E Southern Avenue is currently listed for $600,000 and was received on January 14, 2026. Want to learn more about 506 E Southern Avenue? Do you have questions about finding other Commercial real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

