519 W GLENROSA Avenue 152, Phoenix, AZ 85013 (MLS# 6886044)

519 W GLENROSA Avenue 152, Phoenix, AZ 85013

$2,999,000
Property Type: Land Lot Size (sq. ft.): 105,850 Status: Active
Current Price: $2,999,000 List Date: 6/27/2025 Last Modified: 8/20/2026

Overview

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.

Listing Details MLS# 6886044

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
Assessor Number
155-33-291
Subdivision
PARK FIFTH AVENUE CONDOMINIUMS
Tax Year
2024

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.02
Apx Total Acres G/N
G
Price Per Acre
149950000
Apx SqFt
105850
Price Per SqFt
28.33
Apx SqFt G/N
G
Lot Size Dimensions
Irregular
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

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.

Legal Info

Township
2N
Range
3E
Section
20
Lot Number
152

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: 1.00 - 2.49 Acres Current Density: 00 - 01 Units P/Acre Proposed Density: 36 - 40 Units P/Acre Development Status: Subdivision Plat Apv; Plans Available Land Configuration: Irregular Shape Road Surface Type: Asphalt Traffic Count: Unknown Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Use Restrictions: C.C. & R's; Existing Easement Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: None
IDX
Listing Office: Grigg's Group Powered by The Altman Brothers
Last Updated: August - 20 - 2026
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