Multifamily Development Land
For Sale
$2,999,000
519 West Glenrosa Avenue, Phoenix, AZ 85013
2.43-acre parcel with approved plans for a 39-unit condominium or apartment building.
Property SizeContact for details
Lot Size2.43 Acres
Days on Market662
Property Features for 519 West Glenrosa Avenue
General Information
Standard status
Active
Lot size
2.43 Acres
Property subtype
Multiple Dwellings
Zoning
R-4
Additional Details
Multifamily Units
39
Taxes and HOA fees
Annual Taxes
$109
Amenities
See Remarks
Electric
Other
Yes
0.0
Building Details
Year Built
2026
Listing Agency:
Realty Executives
(480) 540-5479
Listed By:
Joel Chacko · License #BR678651000
(480) 540-5479
Source:
Compass
Added: Nov 2, 2024
Changed: Aug 8
Last Checked: Mar 25 at 4:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives
Investment Insights
Based on property information with market context.
For sale: a 2.43-acre land parcel at 519 West Glenrosa Avenue in Phoenix’s Midtown area within the Melrose District. The property includes approved plans for a 39-unit condominium/apartment building, positioned for development upon completion of the permitting and closing steps.
Public remarks indicate the seller is offering special financing terms, and the site is described as having an 83 Walk Score for convenient access to nearby amenities. Interested parties should inquire about the special seller financing referenced in the offering materials.
Public remarks indicate the seller is offering special financing terms, and the site is described as having an 83 Walk Score for convenient access to nearby amenities. Interested parties should inquire about the special seller financing referenced in the offering materials.
Key Highlights
- 2.43‑acre parcel in Midtown Phoenix’s Melrose District
- Approved plans for a 39‑unit condominium/apartment building
- Offered as a multifamily builder development opportunity with plans already approved
Property Analytics
Property Profile
Current Use
Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
1,666
Businesses Nearby
Explore this area
Business Placement
Demographics for 85013, AZ
21,970
Population
11,618
Households
1.9
Avg Household Size
38
Median Age
47%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,938
Density / Sq Mi
$68,895
Median Household Income
$53,067
Median Earnings
$1,435
Median Rent
$476,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.43-acre parcel with approved plans for a 39-unit condominium or apartment building.
Where is this residential land & home lot located?
The property is located at 519 West Glenrosa Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 2.43‑acre parcel in Midtown Phoenix’s Melrose District; Approved plans for a 39‑unit condominium/apartment building; Offered as a multifamily builder development opportunity with plans already approved
