3638 S 12TH Street, Phoenix, AZ 85040

Building Details

Year built

1926

Number of units

14

Building materials

Wood Frame

Roof type

Composition

Listing agent Daniel Brown License #SA586198000 Show Phone

Listing office My Home Group Real Estate a***@myhomegroup.com 2600 N Central Ave Suite 725, Scottsdale, AZ Show Phone

Listing date Jan 3, 2025

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MLS# 6800371 Listing URL

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Overview

This for-sale multifamily property in Phoenix includes existing residential buildings on a large lot. The site is zoned R4 for high-density, multi-family development and comes with approved site plans for seven to fourteen townhomes. The proposed product is a 3-story townhome layout with common area, and each unit is designed with 2 bedrooms, 2.5 bathrooms, a tandem 2-car garage, and a balcony.

The property is located in an Opportunity Zone and is described as being near light rail expansion in South Phoenix. It is positioned close to both I-10 and I-17, with the location stated as between South Mountain Park and downtown Phoenix, providing convenient access for commuting and local activity.

For buyers and developers, the combination of an existing multifamily component and included approved townhome site plans can support an expedited path from entitlement to construction, subject to final permitting and standard development requirements. The townhome unit design, including the tandem garage and balcony, provides a defined tenant/buyer-ready configuration within the R4 zoning framework.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Hotel & Motel

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

Location Insight

• Map
• Local Demand

City

Phoenix

County

Maricopa

State

Arizona

Longitude

-112.056382

Latitude

33.411934

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FAQs

What type of property is this?

Apartment building - R4 zoned multifamily site with approved plans for 3-story townhomes, each with two bedrooms and tandem parking.

Where is this apartment building located?

The property is located at 3638 S 12TH Street Phoenix, AZ.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: High‑density, multi‑family zoning allows for significant development potential.; Approved site plans for **7‑14 townhomes included.**; Located in a Phoenix Opportunity Zone, offering potential tax benefits.