New Construction Duplex
4039 S 12th St Phoenix, AZ 85040
For Sale
Contact for pricing
Newly built duplex buildings with a mix of three- and four-bedroom units and quality parking and finishes.
Property Size48,960 SF
Price / SF$162.38
Days on Market112
Property Features for 4039 S 12th St
General Information
- Standard status
- Active
- Size
- 48,960 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1
Listing Agency:
De Luca Real Estate Group | FSR Realty
(602) 456-5050
Listed By:
Richard De Luca · License #BR662326000
Source:
Crexi
Added: Apr 3
Changed: Jul 23
Last Checked: Jul 23 at 2:55PM
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 De Luca Real Estate Group | FSR Realty
Investment Insights
Based on property information with market context.
Offered is a newly constructed duplex portfolio featuring 24 duplex buildings, with two units per building, built in 2025. The unit mix includes 12 three-bedroom, two-bath units and 12 four-bedroom, two-bath units. The property is presented as low-maintenance, with quality concrete parking and quality finishes within the units. Some units have been newly occupied, and the rent roll reflects in-place leasing.
Located in central Phoenix, the offering describes quick access to I-10 and the Downtown area, with minutes to downtown and nearby shopping and dining.
From an income standpoint, the offering presents gross scheduled rent and operating expense figures leading to a stated NOI. Rental data is changing as units are rented.
Located in central Phoenix, the offering describes quick access to I-10 and the Downtown area, with minutes to downtown and nearby shopping and dining.
From an income standpoint, the offering presents gross scheduled rent and operating expense figures leading to a stated NOI. Rental data is changing as units are rented.
Key Highlights
- 24 duplex buildings (2 units/building) totaling 48 units in Central Phoenix
- Year built 2025 with 12 units of 4 Bed/2 Bath and 12 units of 3 Bed/2 Bath
- Total SF: 1,020 SF per unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $969.4k | $19.80 |
| − Vacancy | −$53.3k | −$1.09 |
| EGI | $916.1k | $18.71 |
| − OpEx | −$274.8k | −$5.61 |
| NOI | $641.3k | $13.10 |
48,960 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$9.16M
$8.02M – $10.69M
NOI $641,263 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$8.16M
$7.14M – $9.52M
NOI $571,046 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$14.83M
$12.98M – $17.30M
NOI $1,038,128 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly built duplex buildings with a mix of three- and four-bedroom units and quality parking and finishes.
Where is this duplex located?
The property is located at 4039 S 12th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 24 duplex buildings (2 units/building) totaling 48 units in Central Phoenix; Year built 2025 with 12 units of 4 Bed/2 Bath and 12 units of 3 Bed/2 Bath; Total SF: 1,020 SF per unit
