4037 S 12th Street, Phoenix, AZ 85040

$524,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Active
Current Price: $524,000 Last Modified: 10/15/2026

Overview

Description

Amazing investment opportunity to own this brand-new duplex! Perfect for a first-time homebuyer looking to house hack or an investor seeking a low-maintenance property with a desirable unit mix, luxury finishes, and strong cash flow potential. Each unit features 3 bedrooms and 2 bathrooms with high-end finishes throughout, including stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, and brand-new stackable washer/dryers. Each unit also includes a covered parking space, with additional guest parking available. A turfed common area between the buildings provides a great space for pets and outdoor enjoyment.

Listing Details MLS# 7071032

Location, Tax & Legal

House Number
4037
Compass
S
Street Name
12th
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Country
US
County Code
Maricopa
Subdivision
VILLAS AT 12TH STREET CONDOMINIUMS
Assessor Number
113-25-067
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
989
Year Built
2025
Uncvrd Parking Spcs
4
Total # of Units
2
# of Buildings
Yes
Zoning
R-4

Remarks Misc

Cross Street
12th Street & Elwood St

Legal Info

Township
1N
Range
3E
Section
21
Lot Number
207

3 Bedrooms Units

# 3 Bedroom Units
2
Avg Rent
2100
Avg SqFt
1026
# Baths
2

More Information

Structure

Bedrooms Total
6
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
50400
Net Operating Income
41272

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Individual; Central Air Water Source: City Franchise; Private; Individual Meter Sewer: Sewer - Public; Sewer - Private Electric: APS; SRP; City Electric; Individual Meter Gas: SW Gas; City Gas; Individual Meter Parking Features: >1 Space Per Unit; Add'l Parking Avail Road Surface Type: Asphalt; Concrete Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Combo New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Compass
Office Phone: 480-776-1555
Office Email: lexie.fabor@compass.com
Last Updated: October - 15 - 2026
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