502 W SOUTHERN Avenue
Phoenix, AZ 85041
$599,000
Beds:
3
Baths:
1
Sq. Ft.:
1,413
Type:
House
Listing Courtesy of eXp Realty
Listing #7046642
Rare opportunity to own a well-maintained home on more than 22,000 square feet of R5-zoned land in the heart of Phoenix. This 3-bedroom, 1-bath home offers over 1,400 square feet of living space, a new roof, and a newer HVAC system installed approximately one year ago. The oversized lot and R5 zoning create opportunities seldom found in the area. R5 zoning allows for high-density residential development and certain restricted commercial uses, making the property attractive for future multifamily development, live/work opportunities, office uses, or long-term investment potential. Buyers are encouraged to verify development standards, density allowances, and permitted uses with the City of Phoenix. The property may appeal to homeowners seeking additional space, investors, developers... ...contractors, landscapers, and small business owners. According to the owner, the property previously operated as a dentist office, further demonstrating the flexibility and potential uses of the site. Ideally located near the Central Avenue light rail corridor, downtown Phoenix, and Sky Harbor Airport, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment. Whether you are looking for a home, a business opportunity, a live/work property, or future development potential, this unique property offers possibilities rarely found in today's market. Opportunities like this do not come along often, and buyers are encouraged to explore the many possibilities this property provides.
Property Features
County:
Maricopa
Cross Street:
7th Ave & Southern Ave
Latitude:
33.392728
Longitude:
-112.079927
Subdivision:
n/a
Directions:
East to home. House will be on the North side of the street.
Township:
1N
Rooms:
Family Room
Interior:
Eat-in Kitchen, Granite Counters
Primary Bathroom Description:
None
Full Baths:
1
Spa:
None
Dining Room Description:
Eat-in Kitchen, Dining in FR
Kitchen Description:
Refrigerator, Granite Counters, Gas Range
Has Fireplace:
No
Heating:
Heat Pump
Cooling:
Ceiling Fan(s), Central Air
Floors:
Vinyl, Tile
Laundry:
Other
Has Basement:
No
Stories:
1
Construction:
Wood Frame, Slump Block, Painted, Stucco
Model:
Unknown
Roof:
Composition
Water Source:
Public
Covered Spaces:
1
Carport Spaces:
1
Parking Description:
RV Gated
Garage Spaces:
0
Fencing:
Block
Has a Pool:
No
Other Structures:
Gazebo
Is a Horse Property:
No
Lot Number:
16
Lot Size in Acres:
0.52
Lot Size in Sq. Ft.:
22,738
Possible Best Use:
Res/Business Use Ok, Other
Lot Features:
Dirt Front, Dirt Back
Road Description:
Asphalt
Road Improvements:
City Maintained Road
Windows Description:
Single Pane
Elementary School:
Sunland Elementary School
Jr. High School:
Sunland Elementary School
High School:
Cesar Chavez High School
Possession:
Close Of Escrow
Property Type:
SFR
Dwelling Type:
Single Family Residence
Year Built:
1934
Status:
Active
HOA Includes:
No Fees
Tax Year:
2025
Tax Amount:
$1,340
Ownership:
Fee Simple
Builder:
Unknown
Square Feet Source:
Assessor
New Financing:
Cash, VA Loan, FHA, Conventional
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
© 2026 Arizona Regional MLS. All rights reserved.
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Indicates a property listed by a real estate brokerage other than the listed broker and/or iHomefinder, Inc.
Indicates a property listed by a real estate brokerage other than the listed broker and/or iHomefinder, Inc.
ARMLS - Arizona data last updated at June 27, 2026, 2:18 AM MST
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