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$625,000
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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.
Full Property Details
Full Property Details for 215 N 12th Ave
General
- Price: $625,000
- Taxes: $3,418 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6993030
- Updated: 8/25/2026
- Added to Site: 174 day(s) ago
Interior
- Appliances: Free-Standing Range, Refrigerator
- Flooring: Other, Ceramic Tile
Rooms
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Other
Location
- County: Maricopa
- Township: 1N
- Subdivision: WALKER SUB
- Cross Streets: Van Buren & 13 Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Other
Utilities
- Water: Master Meter
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame, Siding, Painted, Block
- Roof: Composition
- Year Built: 1930
Lot Features
- Lot Dimensions: 0 x 0
- Frontage: Asphalt
- Zoning: M-H
Financial Considerations
- Tax Amount: $3,418
- Tax Year: 2025
- Terms: No Carry
- Owner Pays: Water
Disclosures and Reports
- Legal Description: LOT 22 WALKER SUB MCR
- Property ID: 112-03-043
- Range: 3E
- Section: 7
- Lot Number: 22
Listed by N.B. Andrews and Associates
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Schools
Schools serving 215 N 12th Ave
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Paul Dunbar Lawrence School 707 West Grant Street, Phoenix, AZ 85007 | K-8 | 0.8 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 215 N 12th Ave
Date
Details
Price
Change
Source
3/04/2026
Listed
$625,000
171.74%
MLS
11/08/2016
Sold
$230,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 215 N 12th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,418
6%
$59,010
13%
2024
$3,217
1%
$52,210
-6%
2023
$3,186
4%
$55,250
36%
2022
$3,073
—
$40,770
26%
2022
$3,073
1%
$32,310
10%
2021
$3,050
-1%
$29,470
9%
2020
$3,085
172%
$26,930
9%
2019
$1,136
2%
$24,700
33%
2018
$1,117
3%
$18,550
16%
2017
$1,088
3%
$15,960
29%
2016
$1,057
8%
$12,410
86%
2015
$975
10%
$6,680
26%
2014
$883
-3%
$5,300
—
2013
$915
—
$5,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 215 N 12th Ave
215 N 12th Avenue, Phoenix, AZ 85007 (MLS# 6993030) is a Multi-Family property with 5 units containing 6 bedrooms and 0 full bathrooms. 215 N 12th Avenue is currently listed for $625,000 and was received on March 04, 2026. Want to learn more about 215 N 12th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

