Date
Details
Price
Change
Source
5/20/2026
Listed
$275,000
—
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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$275,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 511 N 10th Ave #5
General
- Price: $275,000
- Taxes: $266 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7030970
- Updated: 5/22/2026
- Added to Site: 6 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: UNIVERSITY ADDITION
- Cross Streets: Roosevelt and 7th Ave
Utilities
- Dist. to Gas: None
- Dist. to Electric: Within 1/2 Mile
- Dist. to Sewer: Within 1/2 Mile
- Water: Other
- Dist. to Water: Within 1/2 Mile
- Dist. to Telecomm: Within 1/2 Mile
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 6,715
- Lot Dimensions: 6715
- Lot Features: North/South Exp
- Development Status: Raw Land
- Zoning: R-5
Financial Considerations
- Tax Amount: $266
- Tax Year: 2025
- Terms: Owner May Carry, Cash, Conventional
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: UNIVERSITY
- Property ID: 111-30-033
- Range: 3E
- Section: 6
- Lot Number: 5
Listed by Real Broker
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Schools
Schools serving 511 N 10th Ave #5
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Kenilworth Elementary School 1210 North 5th Avenue, Phoenix, AZ 85003 | PK-8 | 0.6 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.4 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 511 N 10th Ave #5
Estimate the Cost
Estimate the Cost for 511 N 10th Ave #5
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- Single Family
- Active
- 4Beds
- 5Total Baths
- 4,122Sq. Ft.
Listed by Tierra Antigua Realty
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- Townhouse
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
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511 N 10th Avenue #5, Phoenix, AZ 85007 (MLS# 7030970) is a Lots/Land property with a lot size of 0.08 acres. 511 N 10th Avenue #5 is currently listed for $275,000 and was received on May 20, 2026. Want to learn more about 511 N 10th Avenue #5? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.