$2,999,000
519 W GLENROSA Avenue
Phoenix, AZ 85013
MLS# 6886048

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Property Description
Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.

Details
Contract Info
Current Price: $2,999,000
List Price: $2,999,000
Status: Active
List Date: 2025-06-27
Ownership: Condominium
Location, Tax & Legal
House Number: 519
Compass: W
Street Name: GLENROSA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 3055
Country: US
County Code: Maricopa
Subdivision: PARK FIFTH AVENUE CONDOMINIUMS
Assessor Number: 155-33-291
Tax Year: 2024
General Property Description
Lot Size Dimensions: Irregular
Year Built: 2026
Zoning: R-4
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Encanto School
Jr. High School: Osborn Middle School
High School: Central High School
Legal Info
Township: 2N
Range: 3E
Section: 20
Lot Number: 152
Showing Notification Methods
Showing Service: Aligned Showings
Remarks Misc
Cross Street: W GLENROSA AVE & N 5TH AVE
Directions: FROM CENTRAL AVE HEAD WEST ON GLENROSA AVE, RIGHT ONTO 5TH AVE. PROPERTY IS ON LEFT.
Geo Lat: 33.498972
Geo Lon: -112.081142
Property Features
Project Type: 25 - 50 Units
Construction: See Remarks
Const - Finish: Other (See Remarks)
Roofing: Other
Floors: Other
Sale Includes: Other (See Remarks)
Community Features: Other
Exterior Amenities: Other (See Remarks)
Interior Features: Other (See Remarks)
Appliances Included: Other
Cooling: See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: None
Road Surface Type: Asphalt
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Cash; Conventional
Environmental: None
IDX
Listing Office: Grigg's Group Powered by The Altman Brothers

Office Phone: 480-788-0929

Office Email: [email protected]

Last Updated: August - 25 - 2026

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