3515 N 12th Street, Phoenix, AZ 85014

$949,000
Property Type: Multiple Dwellings Status: Active
Current Price: $949,000 Last Modified: 5/02/2026

Overview

Description

Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

Listing Details MLS# 7022517

Location, Tax & Legal

House Number
3515
Compass
N
Street Name
12th
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85014
Country
US
County Code
Maricopa
Assessor Number
118-08-152
Tax Year
2025
Assessor's Map #
8
Assessor's Parcel #
152
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
1848
Legal
S 50' OF N 180' OF E 126' OF W 159' OF NW4 SW4 SW4 NE4 .14 AC
Marketing Name
Unique Midtwn Multi-Fam

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
6098
Year Built
1947
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
Yes
Zoning
R-4
Flood Zone
No
Elementary School District
Osborn Elementary District
High School District
Phoenix Union High School District
Elementary School
Osborn Community iSchool
Jr. High School
Longview Elementary School
High School
North High School

Remarks Misc

Cross Street
N 12th Street and E Osborn Road
Directions
North to property on east side of 12th Street.

Income Expenses

Gross Annual Sch Inc
57240
Net Operating Income
50056

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
1050
Avg SqFt
550
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1650
Avg SqFt
850
# Baths
Yes

Contact Info

List Agent Home Phn
602-494-1016

Project Type

Four Plex
Yes

Other Type

House + Rental Units
Yes

Construction

Block
Yes
Brick
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Laminate
Yes
Concrete
Yes
Vinyl
Yes
Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
650
Annual Landscape Exp
1440
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
3938
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
57240

Pmt & Rate Info

Cap Rate
5.27
Equity
949000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

See Remarks
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes
Individual
Yes

Exterior Amenities

Desert Landscaping
Yes
Separate Storage
Yes

Interior Features

Unfurnished
Yes
Drapes
Yes
Breakfast Bar
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Free-Standing Gas Oven
Yes
Microwave
Yes
Refrigerator
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes

Special

Owner/Agent
Yes
Accept Backups (CLO)
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Other Type: House + Rental Units Construction: Block; Brick Const - Finish: Painted Roofing: Composition Floors: Laminate; Concrete; Vinyl; Ceramic Tile Sale Includes: Land & Building Community Features: See Remarks Exterior Amenities: Desert Landscaping; Separate Storage Interior Features: Unfurnished; Drapes; Breakfast Bar Appliances Included: Free-Standing Gas Oven; Refrigerator; Dishwasher; Disposal; Microwave Cooling: Ceiling Fan(s); Electric; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Special: Owner/Agent; Accept Backups (CLO) Showing Notification Methods: Text Lockbox Type: None New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: DPR Realty LLC
Last Updated: May - 02 - 2026
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