3638 S 12TH Street, Phoenix, AZ 85040

$449,000
Property Type: Multiple Dwellings Bedrooms: 28 Baths: 42 Status: Active
Current Price: $449,000 Last Modified: 9/25/2026

Overview

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.

Listing Details MLS# 6800371

Location, Tax & Legal

House Number
3638
Compass
S
Street Name
12TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
1214
Country
US
County Code
Maricopa
Subdivision
MONTE VISTA ACRES PLAT A 33-36 AND 43-46
Assessor Number
113-19-030-A
Tax Year
2024
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
Legal
MONTE VISTA AC PLAT A LOT 48 EX W 400'
Marketing Name
MONTE VISTA ACRES

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Irregular
Year Built
1926
Total # of Units
14
# of Buildings
2
Zoning
R4
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
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
S 7th St & E Broadway Rd

Legal Info

Township
1N
Range
3E
Section
21
Lot Number
48

2 Bedroom Units

# 2 Bedroom Units
14
# Baths
3
Avg Rent
0

More Information

Structure

Bedrooms Total
28
Bathrooms Total
42

Showing Notification Methods

Showing Service
Aligned Showings

Project Type

5 - 12 Units
Yes
13 - 24 Units
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes

Floors

Other
Yes

Sale Includes

Other (See Remarks)
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
707
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
750000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes
See Remarks
Yes

Heating

None
Yes

Cooling

None
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

None
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

See Remarks
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Special

Economic Redevelopment Zone
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: 5 - 12 Units; 13 - 24 Units Construction: Wood Frame Const - Finish: Other (See Remarks) Roofing: Composition Floors: Other Sale Includes: Other (See Remarks) Community Features: No Pool; See Remarks Appliances Included: None Heating: None Cooling: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Special: Economic Redevelopment Zone Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: My Home Group Real Estate
Last Updated: September - 25 - 2026
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