519 W Glenrosa Avenue, Phoenix, AZ 85013

$2,999,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,999,000
Days on Market
395
Status
ACTIVE
MLS#
6886048
City
Phoenix
Subdivision
Park Fifth Avenue Condominiums
Year Built
2026

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

Elementary School
Encanto School
High School
Central High School
Middle School
Osborn Middle School
Community Features
Other
Construction
See Remarks
Cooling
See Remarks
Electric
APS
Flooring
Other
Heating
Electric
New Financing
Conventional, Cash
Parking Features
None
Roofing
Other
Subdivision
Park Fifth Avenue Condominiums
Taxes
$109
Tax Year
2024
Tenant Pays
See Remarks
Water
City Franchise
Zoning
R-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 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.