3638 S 12TH Street 48, Phoenix, AZ 85040

$599,000
Property Type: Land Lot Size (sq. ft.): 35,745 Status: Active
Current Price: $599,000 List Date: 11/03/2025 Last Modified: 3/16/2026

Description

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

More Information MLS# 6799712

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $599,000 List Price: $599,000 Status: Active List Date: 2025-01-03

Location, Tax & Legal

Lot #: 48 Assessor's Map #: 19 Legal Description (Abbrev): MONTE VISTA AC PLAT A LOT 48 EX W 400' Assessor's Parcel #: 30 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 115300 Taxes: 707 House Number: 3638 Compass: S Street Name: 12TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Zip4: 1214 County Code: Maricopa Assessor Number: 113-19-030-A Subdivision: MONTE VISTA ACRES PLAT A 33-36 AND 43-46 Tax Year: 2024

General Property Description

Apx Total Acres: 0.82 Apx Total Acres G/N: G Price Per Acre: 730487.8 Apx SqFt: 35745 Price Per SqFt: 16.76 Apx SqFt G/N: G Lot Size Dimensions: Irregular Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District Elementary School: Irene Lopez School Jr. High School: Irene Lopez School High School: South Mountain High School Zoning: R-4

Legal Info

Range: 3E Section: 21 Township: 1N Lot Number: 48

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 750000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Multi-Family: 1

Potential Use

Multi-Family: 1

Parcel Size

.50 - .99 Acres: 1

Proposed Density

06 - 10 Units P/Acre: 1 11 - 15 Units P/Acre: 1

Development Status

Raw Land: 1 Plans Included: 1 On Site Imp Needed: 1

Vegetation

Natural Vegetation: 1

Land Configuration

Irregular Shape: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Sewer

Sewer - Public: 1

Electric

SRP: 1

Topography

Level: 1

Gas

None: 1

Existing Structures

Residence: 1

Distance to Cable

None: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Special

Economic Redvlpmnt: 1

Distance to Phone

None: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Distance to Gas

None: 1

Distance to Sewer

On Property: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: S 7th St & E Broadway Rd Geo Lat: 33.411934 Geo Lon: -112.056382

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: .50 - .99 Acres Proposed Density: 06 - 10 Units P/Acre; 11 - 15 Units P/Acre Development Status: Raw Land; Plans Included; On Site Imp Needed Vegetation: Natural Vegetation Land Configuration: Irregular Shape Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: Residence Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: None Distance to Phone: None Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Special: Economic Redvlpmnt Environmental: None Lockbox Type: None Fencing: Chain Link
Listing Office: My Home Group Real Estate
IDX
Last Updated: March - 16 - 2026
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