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$355,000 Just Listed
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Property Description
Where charm meets convenience in the heart of Tempe! 720 W 12th St sits on an oversized 8,115 sq ft lot offering incredible potential for homeowners, investors, and developers alike. This centrally located property features a functional single-level layout with 2 bedrooms, 1 bathroom, and endless possibilities for expansion, outdoor living, or future value growth. Ideally located just minutes from ASU, Downtown Tempe, Tempe Town Lake, Light Rail access, Sky Harbor Airport, major freeways, plus popular dining, shopping, parks, and entertainment. Whether you're searching for a primary residence, rental property, or investment opportunity, this property delivers exceptional value in one of the Valley's most desirable and rapidly growing areas.
Full Property Details
Full Property Details for 720 W 12th St
General
- Price: $355,000
- Taxes: $1,490 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7029889
- Updated: Today (5/18/2026)
- Added to Site: Today
Interior
- Number of Rooms: 1
- Interior Features: High Speed Internet, Breakfast Bar, Laminate Counters
- Appliances: Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Gas Dryer Hookup, Wshr/Dry HookUp Only
Exterior
- Exterior Features: Storage
Parking
- Parking Features: RV Access/Parking, RV Gate
Location
- County: Maricopa
- Township: 1N
- Subdivision: TEMPE TERRACE
- Cross Streets: 12th and Hardy
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Wood Frame, Painted, Block, Brick
- Roof: Rolled/Hot Mop
- Windows: Single Pane, Dual Pane
- Sq. Ft. Source: Assessor
- Year Built: 1951
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,115
- Lot Size Source: Assessor
- Lot Features: North/South Exposure, Dirt Back, Gravel/Stone Front
Financial Considerations
- Tax Amount: $1,490
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 43 TEMPE TERRACE MCR 004803
- Property ID: 124-67-071
- Range: 4E
- Section: 21
- Lot Number: 43
Listed by My Home Group Real Estate
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Schools
Schools serving 720 W 12th St
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Holdeman Elementary School 1326 West 18th Street, Tempe, AZ 85281 | K-5 | 0.7 mi |
Geneva Epps Mosley Middle School 1025 South Beck Avenue, Tempe, AZ 85281 | 6-8 | 0.3 mi |
Tempe High School 1730 S Mill Ave, Tempe, AZ 85281 | 9-12 | 0.7 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 720 W 12th St
Date
Details
Price
Change
Source
5/18/2026
Listed
$355,000
51.71%
MLS
2/01/2007
Sold
$234,000
—
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 720 W 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,490
7%
$31,970
4%
2024
$1,393
17%
$30,770
-8%
2023
$1,189
5%
$33,460
13%
2022
$1,136
—
$29,610
36%
2022
$1,136
-2%
$21,750
7%
2021
$1,158
3%
$20,280
14%
2020
$1,120
2%
$17,760
11%
2019
$1,098
3%
$16,010
14%
2018
$1,069
3%
$14,080
12%
2017
$1,035
—
$12,610
9%
2016
$1,030
3%
$11,520
7%
2015
$997
3%
$10,780
48%
2014
$970
7%
$7,270
8%
2013
$905
—
$6,710
—
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 720 W 12th St
720 W 12th Street, Tempe, AZ 85281 (MLS# 7029889) is a Single Family property with 2 bedrooms and 1 full bathroom. 720 W 12th Street is currently listed for $355,000 and was received on May 18, 2026. Want to learn more about 720 W 12th Street? Do you have questions about finding other Single Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

