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$290,000
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Property Description
Excellent investment opportunity in Phoenix! This 0.58-acre multifamily-zoned lot offers strong development potential in a rapidly growing area. Ideally situated near major freeways and surrounded by new residential and multifamily development, with a large warehouse project coming soon directly across the street. The property offers investors an opportunity to explore multifamily development. Convenient location with significant growth and new construction throughout the surrounding area.
Full Property Details
Full Property Details for 4016 S 12th St #21
General
- Price: $290,000
- Taxes: $192 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7074129
- Updated: 9/5/2026
- Added to Site: 14 day(s) ago
Location
- County: Maricopa
- Township: 1N
- Subdivision: MONTE VISTA ACRES
Utilities
- Dist. to Gas: Under 350 Feet
- Dist. to Electric: Under 350 Feet
- Dist. to Sewer: Under 350 Feet
- Water: None
- Dist. to Water: Under 350 Feet
- Dist. to Telecomm: Under 350 Feet
Lot Features
- Lot Size (Acres): 0.59
- Lot Size (Sq. Ft.): 25,526
- Lot Dimensions: 25526
- Zoning: R-4
Financial Considerations
- Tax Amount: $192
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MONTE VISTA ACRES MCR 20-24 PT LOTS 21 & 23 DAF COM NE COR LOT 23 TH S 102.54F TO TPOB TH CONT S 116
- Property ID: 113-21-040-B
- Range: 3E
- Section: 21
- Lot Number: 21
Listed by Barrett Real Estate
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Schools
Schools serving 4016 S 12th St #21
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Irene Lopez School 4610 South 12th Street, Phoenix, AZ 85040 | K-8 | 0.4 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 0.9 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 4016 S 12th St #21
Date
Details
Price
Change
Source
9/02/2026
Listed
$290,000
340.75%
MLS
1/16/2020
Sold
$65,797
—
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 4016 S 12th St #21
Year
Property Taxes
Change
Tax Assessment
Change
2025
$192
—
$1,276
-95%
2025
$192
5%
$27,615
-12%
2023
$182
2%
$31,440
60%
2022
$178
—
$19,650
25%
2022
$178
-2%
$15,735
7%
2021
$182
1%
$14,655
14%
2020
$180
3%
$12,840
590%
2019
$174
71%
$1,860
50%
2018
$102
7%
$1,240
15%
2017
$95
6%
$1,080
7%
2016
$90
7%
$1,010
23%
2015
$84
-5%
$820
22%
2014
$88
47%
$670
52%
2013
$60
—
$440
—
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 4016 S 12th St #21
4016 S 12th Street #21, Phoenix, AZ 85040 (MLS# 7074129) is a Lots/Land property with a lot size of 0.59 acres. 4016 S 12th Street #21 is currently listed for $290,000 and was received on September 02, 2026. Want to learn more about 4016 S 12th Street #21? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

