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.
Lot/land
$2,999,000
519 W Glenrosa Ave #152, Phoenix, AZ 85013
--beds
--baths
2.43Acres
Land
Built in ----
2.43 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 99 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 05:00pm
Listed by:
Joel Chacko 480-474-7351,
Griggs's Group Powered by The Altman Brothers
Source: ARMLS,MLS#: 6886044

Travel times
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 2.43 Acres
Details
- Additional structures: None
- Parcel number: 15533291
- Zoning: R-4
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Subdivision: PARK FIFTH AVENUE CONDOMINIUMS
HOA
- Has HOA: Yes
- HOA name: Park 5th Ave Condo
- HOA phone: 480-889-5005
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $109
- Date on market: 6/27/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
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