Multifamily Development
For Sale
$475,000
48-3638 S 12th St, Phoenix, AZ 85034
High-density multifamily zoning accompanies approved plans for a townhome community.
Property SizeContact for details
Days on Market609
Property Features for 48-3638 S 12th St
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$707
Listing Agency:
My Home Group Real Estate
(480) 685-2760
Listed By:
Daniel Brown · License #SA586198000
(480) 648-9234
Source:
Exprealty
Added: Jan 3, 2025
Changed: Aug 31
Last Checked: Sep 2 at 12:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of My Home Group Real Estate
Investment Insights
Based on property information with market context.
This commercial land parcel includes existing residential buildings and is zoned for high-density, multifamily development. Approved site plans provide for seven to fourteen 3-story townhomes with a shared common area. The proposed units are designed with 2 bedrooms, 2.5 baths, a tandem 2-car garage, and a balcony.
The property is near the light rail expansion in South Phoenix and lies between South Mountain Park and downtown Phoenix. Access to both I-10 and I-17 supports travel across the valley, with shopping, dining, events, and outdoor recreation in the surrounding area.
The property is near the light rail expansion in South Phoenix and lies between South Mountain Park and downtown Phoenix. Access to both I-10 and I-17 supports travel across the valley, with shopping, dining, events, and outdoor recreation in the surrounding area.
Key Highlights
- Approved plans for seven to fourteen 3‑story townhomes
- High‑density multifamily zoning
- Proposed units include 2 bedrooms, 2.5 baths, tandem 2‑car garages, and balconies
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,322
Businesses Nearby
Explore this area
Business Placement
Demographics for 85034, AZ
5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-density multifamily zoning accompanies approved plans for a townhome community.
Where is this commercial land located?
The property is located at 48-3638 S 12th St 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: Approved plans for seven to fourteen 3‑story townhomes; High‑density multifamily zoning; Proposed units include 2 bedrooms, 2.5 baths, tandem 2‑car garages, and balconies
