215 N 12TH Avenue, Phoenix, AZ 85007

$625,000
Property Type: Multiple Dwellings Status: Active
Current Price: $625,000 Last Modified: 7/23/2026

Overview

Description

Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

Listing Details MLS# 6993030

Location, Tax & Legal

House Number
215
Compass
N
Street Name
12TH
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85007
Zip4
2735
Country
US
County Code
Maricopa
Subdivision
WALKER SUB
Assessor Number
112-03-043
Tax Year
2025
Assessor's Map #
3
Legal Description (Abbrev)
LOT 22 WALKER SUB MCR
Assessor's Parcel #
43
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114301
Taxes
3418
Legal
LOT 22 WALKER SUB MCR
Marketing Name
4 plex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
0x0
Year Built
1930
Uncvrd Parking Spcs
6
Total # of Units
5
# of Buildings
2
Zoning
M-H
Flood Zone
No
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
Van Buren & 13 Ave
Directions
Head West on Van Buren to 13th Avenue. Head South Left on Woodard, Right on 12th Ave to the property.

Legal Info

Township
1N
Range
3E
Section
7
Lot Number
22

Efficiency Units

# Efficiency Units
Yes
Avg SqFt
350
Avg Rent
0

More Information

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
0

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

Contact Info

List Agent Home Phn
602-527-9110

Project Type

Four Plex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes
Siding
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Other
Yes

Sale Includes

Other (See Remarks)
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
3418
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
625000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

Other
Yes

Heating

Other
Yes

Cooling

Ceiling Fan(s)
Yes

Exterior Amenities

Other (See Remarks)
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Refrigerator
Yes
Free-Standing Range
Yes

Road Access Type

Alley
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Other
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes

New Financing

No Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Painted; Siding Roofing: Composition Floors: Ceramic Tile; Other Sale Includes: Other (See Remarks) Community Features: Other Exterior Amenities: Other (See Remarks) Appliances Included: Free-Standing Range; Refrigerator Heating: Other Cooling: Ceiling Fan(s) Water Source: Master Meter Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Other Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water Tenant Pays: Electricity Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: No Carry Environmental: None
IDX
Listing Office: N.B. Andrews and Associates
Last Updated: July - 23 - 2026
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