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Apartment Building with Rear Structure
For Sale
$625,000

215 N 12TH Avenue, Phoenix, AZ 85007

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market188

Property Features for 215 N 12TH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning M-H
Bedrooms 6
Rooms Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 6
Appliances Free-Standing Range, Refrigerator
Subdivision WALKER SUB
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Head West on Van Buren to 13th Avenue. Head South Left on Woodard, Right on 12th Ave to the property.
Standard status Active
APN 112-03-043

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 22 WALKER SUB MCR
Tax Annual Amount 3418
Legal Description LOT 22 WALKER SUB MCR

Utilities

Sewer type Public Sewer
Cooling system Ceiling Fan(s)

Building Details

Year built 1930
Number of units 5
Flooring type Tile - Ceramic
Building materials Wood Frame, Siding, Painted, Block
Roof type Composition
Listing Agency: N.B. Andrews and Associates
Listed By: David Prom · License #BR551476000
Added: Mar 4 Changed: Aug 25 Last Checked: Sep 8 at 10:06AM
MLS# 6993030

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property at 215 N 12th Avenue includes an occupied front building and a separate rear structure that is approximately 50% complete. The improvements date to 1930 and include wood-frame, siding, painted, and block construction materials, ceramic tile flooring, ceiling fan cooling, composition roofing, and public sewer service. Free-standing ranges and refrigerators are present, with rooms identified as six bedrooms.

The property is located in downtown Phoenix within ZIP Code 85007. Roosevelt Row, dining, arts destinations, and major employers are identified in the surrounding area. M-H zoning is reported for the site.

Key Highlights

  • Front building is currently occupied by tenants
  • Rear structure is approximately 50% complete
  • M‑H zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Fish Market Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,098
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied front building paired with a partially completed rear structure in downtown Phoenix.
Where is this apartment building located?
The property is located at 215 N 12TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Front building is currently occupied by tenants; Rear structure is approximately 50% complete; M‑H zoning
More about this property
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