519 W Glenrosa Avenue, Phoenix, AZ 85013

$2,999,000

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List Price
$2,999,000
Status
ACTIVE
Days on Market
422
MLS#
6886048
Subtype
Multiple Dwellings
Year Built
2026
Subdivision
Park Fifth Avenue Condominiums

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.

Additional Information

Taxes
$109
Zoning
R-4
Flooring
Other
Heating
Electric
Air Conditioning
See Remarks
Exterior Construction
See Remarks
Parking Features
None
Elementary School
Encanto School
Middle School
Osborn Middle School
High School
Central High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joel Chacko (480-474-7351) from Listing Office: Grigg's Group Powered by The Altman Brothers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.