For sale

Price increase: $75K (7/2)

$700,000

4037 S 12th Street #112, Phoenix, AZ 85040

8beds

4baths

2,040sqft

Get pre-qualified

Multi Family

Built in 2025

-- sqft lot

$-- Zestimate^®

$343/sqft

$-- HOA

What's special

Stainless steel appliances

New construction duplex that is furnished and fully occupied. This property is a coliving, PadSplit, property. Property has 4 bedrooms, 2 baths, stainless steel appliances, quartz countertops in the kitchen & bathrooms. See proforma for actual rental data. Property manager is in place with current rental data as well. Amazing cap rate for the market!

104 days

134

5

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Features

Flooring: Laminate

Interior area

Total structure area: 2,040
Total interior livable area: 2,040 sqft

Property

Parking

Total spaces: 4
Parking features: >1 Space Per Unit, Carport
Has carport: Yes
Covered spaces: 4

Lot

Size: 1.27 Acres
Dimensions: 337 x 164

Details

Parcel number: 11325060
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Foam

Condition

Year built: 2025

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: Master Meter

Community & HOA

Community

Features: Other, Barbecue
Subdivision: VILLAS AT 12TH STREET CONDOMINIUMS

Location

Region: Phoenix

Financial & listing details

Price per square foot: $343/sqft
Annual tax amount: $178
Date on market: 4/2/2026
Cumulative days on market: 104 days
Listing terms: No Carry,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
7/2/2026	Price change	$700,000+12%$343/sqft
Source: ARMLS #7008184 Report a problem
6/5/2026	Price change	$625,000-8.8%$306/sqft
Source: ARMLS #7008184 Report a problem
4/26/2026	Price change	$685,000+5.4%$336/sqft
Source: ARMLS #7008184 Report a problem
4/8/2026	Price change	$650,000-5.1%$319/sqft
Source: ARMLS #7008184 Report a problem
4/2/2026	Listed for sale	$685,000$336/sqft
Source: ARMLS #7008184 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified