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    3638 S 12Th St Phoenix, AZ 85040

    For Sale
    $675,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    35
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 3638 S 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R4
    APN
    113-19-030-A

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1926
    Number of units
    14
    Building materials
    Wood Frame
    Roof type
    Composition

    My Home Group (480) 685-2760 [email protected]

    Listing agent Daniel Brown (480) 648-9234

    Listing date Nov 3, 2025

    MLS# 6800371 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

    Phoenix Multifamily Development Opportunity

    This large lot, situated in a prime location within the Phoenix Opportunity Zone, is suitable for development. The property is located near the light rail expansion in South Phoenix. It is currently improved with residential buildings and is zoned for high-density, multi-family use. Approved site plans are included for seven to fourteen 3-story townhomes with a common area. Each unit is planned to feature 2 bedrooms, 2.5 baths, a tandem 2-car garage, and a balcony. The property is conveniently located near both the I-10 and I-17, between South Mountain Park and downtown Phoenix, providing access to outdoor activities, events, shopping, dining, and commuting throughout the valley.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

    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?
    Residential land & home lot - Large lot zoned for high-density multifamily development near light rail.
    Where is this residential land & home lot located?
    The property is located at 3638 S 12Th St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $675,000.
    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.
    (480) 648-9234
    Request Owner's contact information
    3638 S 12Th St Phoenix, AZ 85040
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    Phoenix, AZ 85040
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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
    3638 S 12Th St Phoenix, AZ 85040
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