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$7,950,000 -$50,000 (-0.63%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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Rare opportunity to own a brand new property! The finishes are higher quality and made to last as a rental property. Kitchens feature stainless steel appliances and quartz counter tops. Units can be 3 bedroom & 2 baths, and some are 4 bedroom & 2 baths and occupied as CoLiving units with Padsplit. This property has multiple uses as long-term rentals, Coliving, or even condominiums. Each unit is individual parceled to allow for the possibility of multiple owners.

Full Property Details for 4037 S 12th St

General

  • Price: $7,950,000
  • Taxes: $178 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7001746
  • Updated: 4/3/2026
  • Added to Site: 16 day(s) ago

Interior

  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
  • Flooring: Laminate

Parking

  • Parking Features: >1 Space Per Unit, Carport

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: VILLAS AT 12TH STREET CONDOMINIUMS
  • Cross Streets: 7th Street & Broadway

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump

Utilities

  • Water: Master Meter

Structural Information

  • # Buildings: 12
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Foam
  • Year Built: 2025

Unit Information

  • Vacancy %: 5

Lot Features

  • Lot Dimensions: 337 x 164
  • Frontage: Asphalt
  • Zoning: R3

Financial Considerations

  • Tax Amount: $178
  • Tax Year: 2025
  • Terms: No Carry, Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: LOT 101 VILLAS AT 12TH STREET CONDOMINIUMS MCR 177936
  • Property ID: 113-25-049
  • Range: 3E
  • Section: 21
  • Lot Number: 101

Listed by FSR Realty

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Listing agent

— 4037 S 12th St —

  • FSR Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4037 S 12th St

School Districts:Roosevelt Elementary District, Phoenix Union High School District
NameGradesDistance
Irene Lopez School
4610 South 12th Street, Phoenix, AZ 85040
K-80.4 mi
South Mountain High School
5401 S 7th St, Phoenix, AZ 85040
9-120.9 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 4037 S 12th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Price Reduced
$7,950,000
-0.62%
MLS
3/20/2026
Listed
$8,000,000
—
MLS
Get Price Alerts and Save Property
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 for 4037 S 12th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$178
60%
$2,910
100%
2024
$111
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by FSR Realty

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4037 S 12th Street, Phoenix, AZ 85040 (MLS# 7001746) is a Multi-Family property with 24 units containing 0 bedrooms and 0 full bathrooms. 4037 S 12th Street is currently listed for $7,950,000 and was received on March 20, 2026. Want to learn more about 4037 S 12th Street? 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.

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