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$7,950,000
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Property Description
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
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: 67 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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Schools
Schools serving 4037 S 12th St
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 4037 S 12th St
Date
Details
Price
Change
Source
4/03/2026
Price Reduced
$7,950,000
-0.62%
MLS
3/20/2026
Listed
$8,000,000
—
MLS
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 4037 S 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$178
—
-100%
2025
$178
—
$2,910
—
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 4037 S 12th St
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.

