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Multifamily-Zoned Residential Lot
For Sale
$300,000

4016 S 12th Street 21, Phoenix, AZ 85040

Approximately 0.58-acre lot zoned multifamily, positioned near freeways and active new development.

Property SizeContact for details
Lot Size0.58 Acres
Days on Market367

Property Features for 4016 S 12th Street 21

General Information

Standard status Active
Lot size 0.58 Acres
Property subtype Lots/Land
Zoning MULTIFAMILY

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $187
Listing Agency: Real Broker
Listed By: Eleazar Medrano · License #SA545022000
Source: Exitrealty
Added: Aug 23, 2025 Changed: Aug 8 Last Checked: Jun 25 at 5:42PM

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 Real Broker

Investment Insights

Based on property information with market context.

This offering is a residential lot totaling approximately 0.58 acres, zoned for multifamily use. The property is suited for development planning, including apartment construction or a custom home concept, based on the stated zoning and nearby growth.

The lot is located in Phoenix, close to freeway access. Public remarks indicate new homes and new apartment complexes are being developed in the area, with a large warehouse listed as being across the street.

The seller’s information describes the surrounding area as actively under development, with new apartment construction underway nearby, supporting the lot’s multifamily-oriented use.

Key Highlights

  • Approximately 0.58‑acre lot zoned multifamily in Phoenix, AZ
  • Located close to freeways
  • Near active new development, including new homes and new apartment complexes

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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

401
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?
Residential land & home lot - Approximately 0.58-acre lot zoned multifamily, positioned near freeways and active new development.
Where is this residential land & home lot located?
The property is located at 4016 S 12th Street 21 Phoenix, AZ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 0.58‑acre lot zoned multifamily in Phoenix, AZ; Located close to freeways; Near active new development, including new homes and new apartment complexes
More about this property
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