For sale

Price cut: $124K (6/22)

$475,000

3638 S 12TH Street, Phoenix, AZ 85040

28beds

3baths

--sqft

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Multi Family

Built in 1926

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

548 days

149

7

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 28
Bathrooms: 3

Heating

None

Cooling

None

Appliances

Included: None

Features

Flooring: Other

Property

Parking

Total spaces: 28
Parking features: >1 Space Per Unit
Covered spaces: 28

Details

Parcel number: 11319030A
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame
Roof: Composition

Condition

Year built: 1926

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: See Remarks, No Pool
Subdivision: MONTE VISTA ACRES PLAT A 33-36 AND 43-46

Location

Region: Phoenix

Financial & listing details

Tax assessed value: $330,700
Annual tax amount: $707
Date on market: 1/4/2025
Cumulative days on market: 547 days
Listing terms: Conventional,1031 Exchange,FHA,VA Loan
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/22/2026	Price change	$475,000-20.7%
Source: ARMLS #6800371 Report a problem
3/16/2026	Price change	$599,000-11.3%
Source: ARMLS #6800371 Report a problem
6/27/2025	Price change	$675,000-3.4%
Source: ARMLS #6800371 Report a problem
6/2/2025	Price change	$699,000-3.6%
Source: ARMLS #6800371 Report a problem
5/20/2025	Price change	$725,000-3.3%
Source: ARMLS #6800371 Report a problem
1/5/2025	Listed for sale	$750,000+257.1%
Source: ARMLS #6800371 Report a problem
2/28/2018	Sold	$210,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$726 +2.7%	$33,070 +5.7%
2024	$707 +2.9%	$31,280 +616.1%
2023	$687 +2%	$4,368 -76%
2022	$673 -0.8%	$18,200 +32.8%
2021	$679 +3.3%	$13,700 +22.3%
2020	$657 +2.8%	$11,200 +26.1%
2019	$639	$8,880 +25.8%
2018	$639 +19.1%	$7,060 +26.5%
2017	$537 +13.4%	$5,580 +13.6%
2016	$473 +1.4%	$4,910 +22.1%
2015	$466	$4,020 +22.6%
2014	--	$3,280 +28.1%
2013	--	$2,560 -3.8%
2012	--	$2,660 -54.3%
2011	--	$5,820 -37.5%
2010	--	$9,310 -36.1%
2009	--	$14,570 +6.7%
2008	--	$13,650 +37.9%
2007	--	$9,900 +24.5%
2006	--	$7,950
2005	--	$7,950 +45.9%
2004	--	$5,450
2003	--	$5,450 +9%
2002	--	$5,000

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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