Value-Add Opportunity in Downtown
215 N 12TH Avenue Phoenix, AZ 85007
215 N 12TH Avenue, Phoenix, AZ, 85007
$625,000
For Sale
$625,000
MULTI_FAMILY - Phoenix, AZ
Days on Market139
Property Features for 215 N 12TH Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- M-H
- Appliances
- Free-Standing Range, Refrigerator
- 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
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
(602) 833-8220
7440 E Pinnacle Peak Rd #140, Scottsdale, AZ
Listed by
David Prom · License #BR551476000
(602) 527-9110
Added: Mar 4 Updated: Apr 15 at 11:23 am Checked: Jul 21 at 6:06 am
MLS# 6993030
Listing URL
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.
Located in downtown Phoenix, this property at 215 N 12th Ave presents a value-add opportunity in the 85007 corridor. The front building is currently occupied by tenants, providing immediate income. The rear structure is approximately 50% complete, offering investors or builders a foundation to finish and customize. The property features flexible spaces and original character. Situated near Roosevelt Row, dining, arts, and major employers, this property is suitable for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood. The zoning is M-H.
Key Highlights
- Prime location in downtown Phoenix (85007 corridor) near Roosevelt Row, dining, arts, and major employers.
- Value‑add opportunity with immediate income from existing tenants in the front building.
- Rear structure is approximately 50% complete, offering a strong foundation for customization.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with income potential in a developing urban neighborhood.
Where is this mixed-use property 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: Prime location in downtown Phoenix (85007 corridor) near Roosevelt Row, dining, arts, and major employers.; Value‑add opportunity with immediate income from existing tenants in the front building.; Rear structure is approximately 50% complete, offering a strong foundation for customization.
