$625,000
Phoenix, AZ 85007
MLS# 6993030
1 / 20
Property Description
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.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $625,000
List Price: $625,000
Status: Active
List Date: 2026-03-04
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): LOT 22 WALKER SUB MCR
Assessor's Parcel #: 43
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114301
Taxes: 3418
Legal: LOT 22 WALKER SUB MCR
Marketing Name: 4 plex
House Number: 215
Compass: N
Street Name: 12TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2735
County Code: Maricopa
Subdivision: WALKER SUB
Assessor Number: 112-03-043
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 0x0
Flood Zone: No
Total # of Units: 5
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1930
Zoning: M-H
Legal Info
Range: 3E
Section: 7
Township: 1N
Lot Number: 22
Project Type
Four Plex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Siding: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Other: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3418
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 625000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
None: 1
Community Features
Other: 1
Heating
Other: 1
Cooling
Ceiling Fan(s): 1
Exterior Amenities
Other (See Remarks): 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
New Financing
No Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-527-9110
Efficiency Units
# Efficiency Units: 1
Avg Rent: 0
Avg SqFt: 350
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Van Buren & 13 Ave
Directions: Head West on Van Buren to 13th Avenue. Head South Left on Woodard, Right on 12th Ave to the property.
Geo Lat: 33.450792
Geo Lon: -112.087815
Property Features
Project Type: Four Plex
Construction: Block; Wood Frame
Const - Finish: Painted; Siding
Roofing: Composition
Floors: Ceramic Tile; Other
Sale Includes: Other (See Remarks)
Community Features: Other
Exterior Amenities: Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator
Heating: Other
Cooling: Ceiling Fan(s)
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Other
Road Access Type: Alley
Road Surface Type: Asphalt
Owner Pays: Water
Tenant Pays: Electricity
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: No Carry
Environmental: None
Listing Office: N.B. Andrews and Associates
Last Updated: March - 04 - 2026
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