Don't miss out on this fantastic investment opportunity! This two-family home offers great potential for value-added improvements. Each unit features 1 bedroom and 1 bathroom, providing a comfortable living space. The property also boasts a fully fenced yard and an unfinished garage at the rear, offering additional possibilities for expansion or customization.Conveniently located near downtown Phoenix, this home is within close proximity to shopping centers, restaurants, and more.This property can also be purchased in conjunction with two adjacent properties: 313 W Jones Ave (20 units) and 4014 S 3rd Ave (2-family in 2 separate buildings), totaling 24 units for an incredible investment portfolio. Whether you're a seasoned investor or looking for a value-driven opportunity.
Sold for $135,000
$135,000
4012 S 3RD Avenue, Phoenix, AZ 85041
2beds
2baths
--sqft
Multi Family
Built in 1946
-- sqft lot
$193,000 Zestimate®
$--/sqft
$1,464 Estimated rent
Home value
$193,000
$156,000 - $235,000
$1,464/mo
Zestimate® history
Owner options
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$1,464/mo
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$782/mo
Est. payment
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$782/mo
Est. payment
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List your homeWhat's special
Comfortable living spaceFully fenced yardUnfinished garage
Zillow last checked:
Listing updated:
Listed by:
Joseph P Mahoney 480-433-5792,
JM Realty
Bought with:
Joseph P Mahoney, BR561411000
JM Realty
Source: ARMLS,MLS#: 6830702
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Electric
Cooling
- None
Appliances
- Included: None
Features
- Flooring: Concrete
Property
Parking
- Total spaces: 4
- Parking features: Paved, Assigned, Add'l Parking Avail, 1 Space/Unit
- Uncovered spaces: 4
Lot
- Size: 5,960 sqft
- Dimensions: 40 x 149
Details
- Parcel number: 11304023
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- Year built: 1946
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: Other
Location
- Region: Phoenix
- Subdivision: SOUTHGATE PARK
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Sold | $135,000-12.8% |
Source:  ARMLS #6830702 Report a problem | ||
| 8/9/2025 | Pending sale | $154,900 |
Source: ARMLS #6830702 Report a problem | ||
| 8/9/2025 | Listed for sale | $154,900 |
Source: ARMLS #6830702 Report a problem | ||
| 6/17/2025 | Pending sale | $154,900 |
Source: ARMLS #6830702 Report a problem | ||
| 5/7/2025 | Price change | $154,900-3.1% |
Source: ARMLS #6830702 Report a problem | ||
| 3/6/2025 | Listed for sale | $159,900+33.3% |
Source: ARMLS #6830702 Report a problem | ||
| 12/13/2024 | Listing removed | $120,000 |
Source: ARMLS #6766575 Report a problem | ||
| 10/4/2024 | Listed for sale | $120,000 |
Source: ARMLS #6766575 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $343 +2.6% | $17,420 +2.6% |
| 2024 | $334 +2.9% | $16,980 +722.3% |
| 2023 | $325 +2% | $2,065 -77.6% |
| 2022 | $318 -0.8% | $9,210 +17.8% |
| 2021 | $321 +3.3% | $7,820 +22.8% |
| 2020 | $311 +2.8% | $6,370 +22.5% |
| 2019 | $302 | $5,200 +23.2% |
| 2018 | $302 +4.9% | $4,220 +27.5% |
| 2017 | $288 +11.7% | $3,310 +22.1% |
| 2016 | $258 +2.2% | $2,710 +24.9% |
| 2015 | $252 | $2,170 +37.3% |
| 2014 | -- | $1,580 +30.6% |
| 2013 | -- | $1,210 -16.6% |
| 2012 | -- | $1,450 -53.4% |
| 2011 | -- | $3,110 -36.8% |
| 2010 | -- | $4,920 -37% |
| 2009 | -- | $7,810 -10.7% |
| 2008 | -- | $8,750 +26.8% |
| 2007 | -- | $6,900 +58.6% |
| 2006 | -- | $4,350 |
| 2005 | -- | $4,350 +38.1% |
| 2004 | -- | $3,150 |
| 2003 | -- | $3,150 +75% |
| 2002 | -- | $1,800 |
Find assessor info on the county website
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- 9/10Cesar E Chavez Community SchoolGrades: PK-8Distance: 0.6 mi
- 3/10Cesar Chavez High SchoolGrades: 9-12Distance: 4.6 mi
Schools provided by the listing agent
- High: South Mountain High School
- District: Roosevelt 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
$193,000
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
$193,000
- Arizona
- Maricopa County
- Phoenix
- 85041
- South Mountain
- 4012 S 3RD Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
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