720 W 12TH Street, Tempe, AZ 85281

$355,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 858 Lot Size (sq. ft.): 8,115 Status: Active
Current Price: $355,000 Last Modified: 5/18/2026

Overview

Description

Where charm meets convenience in the heart of Tempe! 720 W 12th St sits on an oversized 8,115 sq ft lot offering incredible potential for homeowners, investors, and developers alike. This centrally located property features a functional single-level layout with 2 bedrooms, 1 bathroom, and endless possibilities for expansion, outdoor living, or future value growth. Ideally located just minutes from ASU, Downtown Tempe, Tempe Town Lake, Light Rail access, Sky Harbor Airport, major freeways, plus popular dining, shopping, parks, and entertainment. Whether you're searching for a primary residence, rental property, or investment opportunity, this property delivers exceptional value in one of the Valley's most desirable and rapidly growing areas.

Listing Details MLS# 7029889

Location, Tax & Legal

House Number
720
Compass
W
Street Name
12TH
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5417
Country
US
County Code
Maricopa
Assessor Number
124-67-071
Subdivision
TEMPE TERRACE
Tax Year
2025
Assessor's Map #
67
Legal Description (Abbrev)
LOT 43 TEMPE TERRACE MCR 004803
Assessor's Parcel #
71
Tax Municipality
Tempe
Taxes
1490

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
858
Price/SqFt
413.75
Horses
N
Builder Name
Unknown
Year Built
1951
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
8115
Approx Lot Acres
0.186
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Tempe School District
High School District
Tempe Union High School District
Elementary School
Tempe Elementary Online Community
Jr. High School
Geneva Epps Mosley Middle School
High School
Tempe High School
Half Bathrooms
0

Remarks Misc

Cross Street
12th and Hardy
Directions
From University, go south on Hardy, then east on 12th street.

Legal Info

Township
1N
Range
4E
Section
21
Lot Number
43

Basement

Basement Y/N
N

More Information

Items Updated

Plmbg Yr Updated
2026
Plmbg Partial/Full
Partial

Parking Spaces

Slab Parking Spaces
2
Total Covered Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes

Special Listing Cond

N/A
Yes

Construction

Block
Yes
Wood Frame
Yes
Brick
Yes

Const - Finish

Painted
Yes

Roofing

Rolled
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Supra
Yes

Master Bathroom

None
Yes

Add'l Property Use

Ranch
Yes

Flooring

Laminate
Yes
Tile
Yes

Window Features

Single Pane
Yes
Dual Pane
Yes

Dining Area

Breakfast Bar
Yes

Heating

Natural Gas
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Gas Oven
Yes
Gas Range
Yes
Laminate Counters
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Laundry

Washer Hookup
Yes
Gas Dryer Hookup
Yes

Other Rooms

Family Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Access Type

Alley
Yes
City Street
Yes

Road Responsibility

City Maintained Road
Yes

Technology

Cable TV Avail
Yes
High Speed Internet
Yes

Fencing

Back Yard
Yes

Water Source

City Water
Yes

Exterior Features

Patio
Yes
Storage
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

RV Gate
Yes
RV Access/Parking
Yes

Foundation Details

Slab
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Plumbing

Gas Hot Water Heater
Yes

Utilities

APS
Yes
SW Gas
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

North/South Exposure
Yes

Landscaping

Dirt Back
Yes
Gravel/Stone Front
Yes

Services

City Services
Yes

Unit Style

All on One Level
Yes

Other Structures

Shed(s)
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: Ranch Master Bathroom: None Flooring: Laminate; Tile Window Features: Single Pane; Dual Pane Spa: None Dining Area: Breakfast Bar Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Refrigerator; Laminate Counters Laundry: Washer Hookup; Gas Dryer Hookup Foundation Details: Slab Other Rooms: Family Room Technology: Cable TV Avail; High Speed Internet Exterior Features: Patio; Storage Other Structures: Shed(s) Parking Features: RV Access/Parking; RV Gate Road Access Type: Alley; City Street Road Responsibility: City Maintained Road Construction: Block; Wood Frame; Brick Const - Finish: Painted Roofing: Rolled Cooling: Central Air Heating: Natural Gas Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Back Yard Property Description: North/South Exposure Landscaping: Dirt Back; Gravel/Stone Front Showing Notification Methods: Text; Email Lockbox Type: Supra Possession: Close of Escrow Unit Style: All on One Level Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Room Information

Room Name
Bedroom 2
IDX
Listing Office: My Home Group Real Estate
Last Updated: May - 18 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.