511 N 10TH Avenue 5, Phoenix, AZ 85007
Land 
Built in —— 
3,485sqft lot
—— car garage 
$——/sqft 
Listed 11 hours ago
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.
- Listing Status:
- Active
- Date Added:
- May 20, 2026
- Data Last Updated:
- May 21, 2026 at 7:09AM
- Listing Office:
- Real Broker : 480-354-7344
- Listing Agent:
- Kenny Klaus : 480-354-7344
- MLS ID:
- 7030970
- Originating MLS: Arizona Regional Multiple Listing Service 2
- School District: Phoenix Elementary District
- County: Maricopa
- Topography: Level
- Zoning: R-511130033
- Fencing: None
- Water: Other
- Sewer: None
- Source: Arizona Regional Multiple Listing Service 2
This listing courtesy of Kenny Klaus , Real Broker
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
