3515 N 12th Street Phoenix, AZ ^$ 949,000

3515 N 12th Street

^$ 949,000

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3515 N 12th Street

Phoenix, AZ, 85014

^$ 949,000

Studio Baths0.0

Monthly Estimate*

^$ 5,843

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $949,000. This home was built in 1947.

Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

Multi-Family Active

Price

^$ 949,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,848

Style

Multiple Dwellings

Year Built

1947

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7022517

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Ceiling Fan(s) Electric Individual

Roof Composition

Zoning R-4

Construction Materials Painted Block Brick

Year Built 1947

Electric APS

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 57240.0

Community Features See Remarks

County Maricopa

Net Operating Income 50056.0

Operating Expense 3938.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N N

Status Active

Directions North to property on east side of 12th Street.

High School North High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Elementary School Osborn Community iSchool

Tax Annual Amount 1848.0

Electric Expense 650.0

Middle/Junior High School Longview Elementary School

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Osborn Elementary District

Tax Lot 0

Cap Rate 5.27

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Laminate Ceramic Tile Vinyl Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Add'l Parking Avail 1 Space/Unit Carport

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 6098

Road Surface Type Asphalt

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3515

* Excluded Features

List By

Dpr Realty Llc

Broker

stephenrouse@yahoo.com

Affordability Calculator

$5,997

Per Month

Monthly Principal & Interest: $5,843
Monthly Property Taxes: $154
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,193,600

Percent of Sale Price 26%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4901848 Elementary School

4328222 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2026	$949,000		Listed Price

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3515 N 12th Street, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $949,000. 3515 N 12th Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 85014 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/4/2026.

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3515 N 12th Street

Multi-Family Home for sale in Phoenix, AZ

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