215 N 12TH Avenue Phoenix, AZ ^$ 625,000

215 N 12TH Avenue

^$ 625,000

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Recently Listed

215 N 12TH Avenue

Phoenix, AZ, 85007

^$ 625,000

Studio Baths0.0

Monthly Estimate*

^$ 3,848

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $625,000. This home was built in 1930.

Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

Multi-Family Active

Price

^$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,418

Style

Multiple Dwellings

Year Built

1930

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6993030

Features

General

Sewer Public Sewer

Heating Other

Cooling Ceiling Fan(s)

Roof Composition

Zoning M-H

Construction Materials Wood Frame Siding Painted Block

Year Built 1930

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 0.0

Community Features Other

County Maricopa

Net Operating Income 0.0

Operating Expense 3418.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name WALKER SUB

Garage Y/N N

Status Active

Directions Head West on Van Buren to 13th Avenue. Head South Left on Woodard Right on 12th Ave to the property.

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 6.0

Number Of Units Total 5

Carport Y/N N

Tax Annual Amount 3418.0

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 Phoenix Elementary District

Tax Lot 22

Senior Community N

Interior

Flooring Other Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Other

Water Source Master Meter

Total Parking 6.0

Number of Buildings 2

Spa N

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 215

* Excluded Features

List By

N.B. Andrews And Associates

Broker

housbiz@cox.net

Affordability Calculator

$4,133

Per Month

Monthly Principal & Interest: $3,848
Monthly Property Taxes: $285
Monthly Home Insurance: --

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Yearly Home Insurance

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 ^$1,254,034

Percent of Sale Price 101%

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.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2026	$625,000		Listed Price

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215 N 12TH Avenue, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $625,000. 215 N 12TH Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 85007 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 3/5/2026.

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215 N 12TH Avenue

Multi-Family Home for sale in Phoenix, AZ

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