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Phoenix Land in Opportunity Zone
For Sale
$475,000

3638 S 12TH Street, Phoenix, AZ 85040

LAND - Phoenix, AZ

Property SizeContact for details
Lot Size0.82 Acres
Days on Market599

Property Features for 3638 S 12TH Street

General Information

Property type Land
Property subtype Other
Zoning R-4
Fencing Chain Link
Subdivision MONTE VISTA ACRES PLAT A 33-36 AND 43-46
Elementary school Irene Lopez School
Middle school Irene Lopez School
High school South Mountain High School
Elementary school district Roosevelt Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 113-19-030-A
Lot size 0.82 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description MONTE VISTA AC PLAT A LOT 48 EX W 400'
Tax Annual Amount 707
Legal Description MONTE VISTA AC PLAT A LOT 48 EX W 400'

Utilities

Sewer type Public Sewer

Building Details

Additional Structures Residence
Listing Agency: My Home Group Real Estate
Listed By: Daniel Brown · License #SA586198000
Added: Jan 3, 2025 Changed: Aug 3 Last Checked: Aug 25 at 12:06PM
MLS# 6799712

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.

This large lot is located in a prime location within a Phoenix Opportunity Zone, near the light rail expansion in South Phoenix. The property is zoned for high-density, multi-family development and currently includes residential buildings. 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 0.82-acre property is conveniently situated close to both the I-10 and I-17, between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

Key Highlights

  • High‑density, multi‑family zoning allows for significant development potential.
  • Approved site plans for 7‑14 townhomes included, streamlining the development process.
  • Located in a Phoenix Opportunity Zone, offering potential tax benefits.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Nail Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Large lot near light rail expansion, high-density multi-family zoning.
Where is this land 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, streamlining the development process.; Located in a Phoenix Opportunity Zone, offering potential tax benefits.
More about this property
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