LKV Realty
Logo
$250,000
$1,400Reward *
511 N 10TH Avenue Unit 5, Phoenix, AZ 85007Listing ID 7030970

511 N 10TH Avenue Unit 5, Phoenix, AZ 85007

Active
UNIVERSITY ADDITION
Time on site: 84 daysLast updated: Jun 22, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.08
Days on Site
Days on Site
83

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.

Property Information

Property Details

Location

Address
511 N 10TH Avenue
County
Maricopa
City
Phoenix
Zip Code
85007
Subdivision
UNIVERSITY ADDITION
School District
Phoenix Union High School District
High School
Central High School
Elementary School
Kenilworth Elementary School

Financial

Special Conditions
N/A

Property Taxes

Tax Annual Amount
$266
Tax Year
2025
Real Broker, (480) 354-7344

Market Report for 85007

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Arizona Regional MLS
Arizona Regional MLS logo

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

For corrections to this data please contact Brytecore MLS Support.

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