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    340 N 12Th St Phoenix, AZ 85006

    Under Contract
    For Sale
    $415,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    20
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 340 N 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    RES
    APN
    116-25-098-A
    Parking features
    On Street, RV
    Appliances
    Free-Standing Range, Refrigerator, W/D Hookup

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Wall/Window Unit(s), Electric, Wall Unit(s)

    Building Details

    Year built
    1916
    Number of units
    2
    Flooring type
    Vinyl, Carpet, Tile - Ceramic
    Building materials
    Wood Frame, Stucco
    Roof type
    Composition

    West USA Realty (602) 942-4200 [email protected]

    Listing agent Brittany Greathouse (623) 866-3306

    Listing date Nov 17, 2025

    MLS# 6935213 Listing URL

    Copyright © 2025 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.

    Overview

    Corner Lot Duplex Near Downtown

    This corner lot duplex is located minutes from Downtown Phoenix. The property features two separate homes on one lot. The main house includes 3 bedrooms and 2 bathrooms within 1,121 square feet. The back house contains 1 bedroom and 1 bathroom within 468 square feet. This property is located in the Garfield Historic District, known for its vintage charm, artistic vibe, and community feel. It offers easy access to ASU Downtown Campus, the University of Arizona College of Medicine, and the Roosevelt Row Arts District. The location allows walking or biking to local coffee shops, boutique restaurants, music venues, and First Friday Art Walks. The corner lot provides additional privacy, street presence, and potential future development options. The property is zoned R-5 for high-density residential, providing flexibility for expansion. The location is minutes from Chase Field, Footprint Center, Phoenix Convention Center, freeways (I-10, I-17), light rail, museums, nightlife, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Spa & Massage Law Firm Dental Office Restaurant Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.05628
    Latitude
    33.45275

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    FAQs

    What type of property is this?
    Duplex - Duplex with value-add opportunity in vibrant Garfield Historic District.
    Where is this duplex located?
    The property is located at 340 N 12Th St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Rare corner lot duplex featuring a 3 bed/2 bath main house and a separate 1 bed/1 bath back house.; - Excellent income potential through house hacking, multigenerational living, or renting both units.; - Located in the desirable Garfield Historic District, known for its vintage charm and artistic vibe.
    (623) 866-3306
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    340 N 12Th St Phoenix, AZ 85006
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    Phoenix, AZ 85006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 N 12Th St Phoenix, AZ 85006
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