Listing provided courtesy of eXp Realty- MLS# 7046642MLS Provider

502 W SOUTHERN AvenuePhoenix, AZ 85041

Single Family · 3 Beds · 1 Full Bath · 1,413 Sq. ft. | 0.52 Acres
$599,000 Active

502 W SOUTHERN Avenue Overview

Time on Site:
4 days
Visits:
0

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.

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502 W SOUTHERN Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,413
  • Price/Sq.ft. $424
  • Lot 0.52 Acres

Details

General

Association/HOA

  • Association Fee Includes: No Fees
  • Association: false

School Information

  • School District: Phoenix Union High School District
  • Elementary School: Sunland Elementary School
  • Middle Or Junior School: Sunland Elementary School
  • High School: Cesar Chavez High School

Building Information

  • Builder Name: Unknown
  • Year Built: 1934

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: n/a
  • Township: 1N

Rent/Lease Information

  • Land Lease: false

Tax Information

  • Tax Annual Amount: $1,340.00
  • Tax Year: 2025

General Information

  • Disclosures: Agency Discl Req,Seller Discl Avail
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 113-39-016
  • Possible Use: Other,See Remarks,Res/Business Use Ok
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: N/A

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Building Area Source: Assessor

General Information

  • Fireplace: false
  • Flooring: Vinyl,Tile
  • Interior Features: Granite Counters,Eat-in Kitchen
  • Laundry Features: Other
  • Living Area: 1413.0
  • Living Area Source: Assessor
  • Rooms Total: 0
  • Spa Features: None
  • Stories Total: 1
  • Window Features: Single Pane

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Features: RV Gate

Lot Information

  • Lot Features: Dirt Front,Dirt Back
  • Lot Size Acres: 0.52
  • Lot Size Area: 22738.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 22738.0
  • Lot Size Units: Square Feet
  • Road Responsibility: City Maintained Road
  • Road Surface Type: Asphalt
  • Water Source: City Water

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Stucco,Wood Frame,Painted,Slump Block
  • Property Attached: false
  • Roof: Composition

General Information

  • Carport Spaces: 1.0
  • Covered Spaces: 1.0
  • Fencing: Block
  • Horse: false
  • Other Structures: Gazebo
  • Pool Private: false
  • Sewer: Public Sewer

502 W SOUTHERN Avenue Neighborhood

Community

85041 (Phoenix) Demographics

32
Median Age
4,066
Population Density (per sq. mile)
25%
College Educated
$58,438
Estimated Median Income
12,179
Estimated Total Home Owners
5,236
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

502 W SOUTHERN Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

502 W SOUTHERN Avenue Market Data

Based on the last 30 days in this zip code

$460,795
Average List Price
$224
Average Price per Square Foot
40
Properties Sold
66
Average Days on Market
186
Properties for Sale
Calculations provided by Reliance Network

502 W SOUTHERN Avenue History

Date Event Value Agent
6/25/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
June 25, 2026