502 W Southern Avenue Phoenix, AZ 85041

3 Beds
1 Bath
1,413 Sqft
22,738 Sqft lot
0.52 Acre lot
$599,000 Est. $2,206 / mo.*
Status: Active
Property Type: Single Family Residence
Year Built: 1934
Neighborhood: N/a

Courtesy of eXp Realty {attribution_contact}

Description

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 Details and Features

  • "Dryer"
  • "Washer"
  • "Refrigerator"
  • "Gas Range"
  • 1 full bathroom
  • 1 total bathroom
  • 3 total bedrooms
  • Built in 1934
  • Living area: 1413
  • Construction materials: "Stucco", "Wood Frame", "Painted", "Slump Block"
  • Other structures: "Gazebo"
  • "Central Air"
  • "Ceiling Fan(s)"
  • "Block"
  • "Vinyl"
  • "Tile"
  • Details: "Slab"
  • "Heat Pump"
  • Association fee includes: "No Fees"
  • "Granite Counters"
  • "Eat-in Kitchen"
  • Listing ID: 7046642
  • Standard status: Active
  • 1 day on market
  • Subdivision name: n/a
  • 0.52 acres
  • 22,738 sqft
  • "Dirt Front"
  • "Dirt Back"
  • "RV Gate"
  • "Close Of Escrow"
  • "Composition"
  • Elementary school: Sunland Elementary School
  • High school: Cesar Chavez High School
  • High school district: Phoenix Union High School District
  • "Public Sewer"
  • Annual amount: $1,340
  • Lot: -
  • "Single Pane"

This content last updated on June 26, 2026 12:12AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.