3638 S 12TH Street, Phoenix, AZ 85040

$599,000
Property Type: Multiple Dwellings Status: Active
Current Price: $599,000 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# 6800371

Contract Info

Ownership: Fee Simple Current Price: $599,000 List Price: $599,000 Status: Active List Date: 2025-01-03

Location, Tax & Legal

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 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 Subdivision: MONTE VISTA ACRES PLAT A 33-36 AND 43-46 Assessor Number: 113-19-030-A Tax Year: 2024

General Property Description

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

Legal Info

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

Project Type

5 - 12 Units: 1 13 - 24 Units: 1

Construction

Wood Frame: 1

Const - Finish

Other (See Remarks): 1

Roofing

Composition: 1

Floors

Other: 1

Sale Includes

Other (See Remarks): 1

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

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Community Features

No Pool: 1 See Remarks: 1

Heating

None: 1

Cooling

None: 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

None: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

>1 Space Per Unit: 1

Electric

SRP: 1

Gas

None: 1

Owner Pays

See Remarks: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1 1031 Exchange: 1

Special

Economic Redevelopment Zone: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 14 Avg Rent: 0 # Baths: 3

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

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

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
Listing Office: My Home Group Real Estate
IDX
Last Updated: March - 16 - 2026
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