Don't miss this rare chance to own a corner lot duplex just minutes from Downtown Phoenix! This unique property features two separate homes on one lot — a 3 bed, 2 bath main house 1,121 sq ft plus a 1 bed, 1 bath back house 468 sq ft — ideal for house hacking, multigenerational living, or maximizing rental income. Both homes offer a fantastic value-add opportunity for investors or savvy homeowners. Live in one unit and rent the other, or capitalize on the booming demand for rentals in this vibrant, walkable neighborhood. Located in the Garfield Historic District, one of Phoenix's most sought-after & fast-growing areas, known for its vintage charm, artistic vibe, and community feel. Enjoy easy access to ASU Downtown Campus, University of Arizona College of Medicine, Roosevelt Row Arts District, and top-rated schools. Walk or bike to popular local coffee shops, boutique restaurants, music venues, and First Friday Art Walks.
The corner lot provides additional privacy, street presence, and potential future development options. Zoned R-5 for high-density residential, giving flexibility for expansion (buyer to verify).
Whether you're a buy-and-hold investor, short-term rental operator, or a homebuyer looking to offset your mortgage, this property is a must-see.
Minutes to:
Downtown Phoenix
Chase Field & Footprint Center
Phoenix Convention Center
Freeways (I-10, I-17)
Light rail
Museums, nightlife, restaurants and more
Sold for $400,000
$400,000
340 N 12TH Street, Phoenix, AZ 85006
4beds
3baths
1,589sqft
Multi Family
Built in 1916
-- sqft lot
$398,700 Zestimate®
$252/sqft
$1,601 Estimated rent
Home value
$398,700
$363,000 - $435,000
$1,601/mo
Zestimate® history
Owner options
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$1,601/mo
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$1,601/mo
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$2,285/mo
Est. payment
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$2,285/mo
Est. payment
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List your homeWhat's special
Street presenceCorner lotAdditional privacy
Zillow last checked:
Listing updated:
Listed by:
Brittany Greathouse 623-866-3306,
West USA Realty,
David Pruitt 602-942-1410,
West USA Realty
Bought with:
Ashley C Sanchez Ochoa, SA677897000
eXp Realty
Luis J Canchola Palomino, SA710902000
eXp Realty
Source: ARMLS,MLS#: 6935213
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Wall/Window Unit(s), Electric, Individual
Appliances
- Included: Free-Standing Range, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
Interior area
- Total structure area: 1,589
- Total interior livable area: 1,589 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Access/Parking, Other, Free, On Street
- Uncovered spaces: 1
Lot
- Size: 6,759 sqft
- Dimensions: 6759
Details
- Parcel number: 11625098A
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Composition
Condition
- Year built: 1916
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: VAN BUREN PLACE
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $400,000-3.6%$252/sqft |
Source:  ARMLS #6935213 Report a problem | ||
| 12/7/2025 | Pending sale | $415,000$261/sqft |
Source: ARMLS #6934568 Report a problem | ||
| 11/9/2025 | Price change | $415,000-3.5%$261/sqft |
Source: ARMLS #6934568 Report a problem | ||
| 10/16/2025 | Listed for sale | $430,000-13.1%$271/sqft |
Source: ARMLS #6934568 Report a problem | ||
| 10/8/2024 | Listing removed | $1,850-7.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/31/2024 | Price change | $1,995-13.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2024 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2024 | Listing removed | $495,000$312/sqft |
Source: ARMLS #6435243 Report a problem | ||
| 5/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/2/2023 | Price change | $2,300+21.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2023 | Listed for rent | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/30/2022 | Listed for rent | $1,900+6.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/19/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/19/2022 | Listed for rent | $1,790$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/18/2022 | Listing removed | -- |
Source:  HomeSmart Report a problem | ||
| 7/16/2022 | Listed for sale | $495,000+83.3%$312/sqft |
Source: ARMLS #6435243 Report a problem | ||
| 7/2/2018 | Sold | $270,000+81.8%$170/sqft |
Source: Public Record Report a problem | ||
| 4/5/2005 | Sold | $148,500+85.6%$93/sqft |
Source: Public Record Report a problem | ||
| 6/28/2004 | Sold | $80,000$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $990 +6.2% | $37,360 -13.4% |
| 2024 | $932 +1% | $43,150 +582.5% |
| 2023 | $923 +3.7% | $6,322 -76.4% |
| 2022 | $890 +11.4% | $26,800 +15.4% |
| 2021 | $799 0% | $23,220 +3.2% |
| 2020 | $799 +1.8% | $22,510 +37.3% |
| 2019 | $785 | $16,400 +14.3% |
| 2018 | $785 -8.4% | $14,350 +23.2% |
| 2017 | $857 +11.2% | $11,650 +17.9% |
| 2016 | $770 +1.4% | $9,880 +25.7% |
| 2015 | $759 | $7,860 +47.7% |
| 2014 | -- | $5,320 +45.4% |
| 2013 | -- | $3,660 -16.8% |
| 2012 | -- | $4,400 -42.7% |
| 2011 | -- | $7,680 -14.3% |
| 2010 | -- | $8,960 -31.2% |
| 2009 | -- | $13,020 -9% |
| 2008 | -- | $14,300 +30.6% |
| 2007 | -- | $10,950 +45% |
| 2006 | -- | $7,550 |
| 2005 | -- | $7,550 +42.5% |
| 2004 | -- | $5,300 |
| 2003 | -- | $5,300 +39.5% |
| 2002 | -- | $3,800 |
Find assessor info on the county website
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 6/10Garfield SchoolGrades: PK-8Distance: 0.3 mi
- 2/10North High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Garfield School
- Middle: Garfield School
- High: North High School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$398,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$398,700
- Arizona
- Maricopa County
- Phoenix
- 85006
- Central City
- 340 N 12TH Street
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