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3638 South 12th Street, Phoenix, AZ, 85040
Multifamily Development Site

3638 South 12th Street Phoenix, AZ 85040

For Sale
$675,000

Large lot with existing residential buildings and approved plans for 3-story 2-bedroom townhomes.

Days on Market676

Property Features for 3638 South 12th Street

General Information

Standard status
Active
Property subtype
Multiple Dwellings

Building Details

Year Built
1926
Listing Agency: My Home Group Real Estate
Listed By: Daniel Brown · License #SA586198000
Source: Compass
Added: Sep 17, 2024 Changed: Jul 22 Last Checked: Jul 24 at 2:30PM

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 property consists of a large lot that currently includes residential buildings and is described as being zoned for high-density, multi-family development. The listing notes that approved site plans are included for seven to fourteen 3-story townhomes, with common area. Each planned unit is described as offering 2 bedrooms, 2.5 baths, a tandem 2-car garage, and a balcony.

The property is identified as being located in the Phoenix Opportunity Zone, and it is stated to be near light rail expansion in South Phoenix. The listing also notes convenient access to both I-10 and I-17, and indicates the site is situated between South Mountain Park and downtown Phoenix.

For buyers and brokers evaluating redevelopment options, the included approved site plans and the described unit layout provide a straightforward path toward a townhome configuration on the existing parcel.

Key Highlights

  • Large lot in the Phoenix Opportunity Zone with approved site plans for 3‑story townhomes (7 to 14 units).
  • Zoned for high‑density, multi‑family; currently includes residential buildings on the property.
  • Each approved townhome features 2 bedrooms, 2.5 baths, tandem 2‑car garage, and a balcony.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Nail Salon Gym & Fitness Center Cafe & Coffee Shop Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Apartment building - Large lot with existing residential buildings and approved plans for 3-story 2-bedroom townhomes.
Where is this apartment building located?
The property is located at 3638 South 12th Street 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: Large lot in the Phoenix Opportunity Zone with approved site plans for 3‑story townhomes (7 to 14 units).; Zoned for high‑density, multi‑family; currently includes residential buildings on the property.; Each approved townhome features 2 bedrooms, 2.5 baths, tandem 2‑car garage, and a balcony.
More about this property
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