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Ground-Floor Residential Income Property
For Sale
$375,000

5209 N 24TH Street 104, Phoenix, AZ 85016

Ground-floor residence in The Cloisters at the Biltmore within guard-gated Biltmore Estates, built in 1979.

Days on Market10

Property Features for 5209 N 24TH Street 104

General Information

Standard status Active
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

guard-gated

Building Details

Building Size 870 SF
Year Built 1979
Listing Agency: Apex Residential
Listed By: Jonathan Corwell · License #SA697877000
Source: Alexiabertsatos
Added: Jul 24 Changed: Jul 30 Last Checked: Aug 1 at 11:02AM

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 Apex Residential

Investment Insights

Based on property information with market context.

This ground-floor residence is located in The Cloisters at the Biltmore, within guard-gated Biltmore Estates. The home features an open-concept floor plan designed to bring in natural light, along with designer finishes, custom lighting, and premium appliances throughout.

Set in a guard-gated community, the property offers flexibility for buyers seeking a residence that can also be used with no rental restrictions, supporting a range of occupancy approaches. The address is 5209 N 24TH Street 104, Phoenix, AZ 85016.

Built in 1979, the home provides a streamlined, ground-floor layout within a controlled-access environment, supported by the community’s rental flexibility.

Key Highlights

  • Ground‑floor residence in The Cloisters at the Biltmore
  • Within guard‑gated Biltmore Estates
  • Open‑concept floor plan with natural light

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Barber Shop Florist Food Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,531
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

Properties on Market for Residential income properties in Phoenix

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Frequently Asked Questions

What type of property is this?
Residential income property - Ground-floor residence in The Cloisters at the Biltmore within guard-gated Biltmore Estates, built in 1979.
Where is this residential income property located?
The property is located at 5209 N 24TH Street 104 Phoenix, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Ground‑floor residence in The Cloisters at the Biltmore; Within guard‑gated Biltmore Estates; Open‑concept floor plan with natural light
More about this property
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