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Listing provided courtesy of FSR Realty- MLS# 7001746MLS Provider

4037 S 12th StreetPhoenix, AZ 85040

Multi-Family
$7,250,000 Active

4037 S 12th Street Overview

Time on Site:
102 days
Visits:
0

This property has 12 total buildings and 24 units. Newer construction so property is not fully occupied. Rental data is for the past few months from when the certificate of occupancy was obtained and in the documents area. See the quality finishes, including quartz countertops, stainless steel appliance, inside laundry in all units, and more. Priced below appraisals for a quick sale.

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4037 S 12th Street Facts & Features

  • Type Multi-Family

Details

General

Income/Expenses

  • Gross Income: 3337008.0
  • Gross Scheduled Income: 834252.0
  • Net Operating Income: 776892.0
  • Operating Expense: 178.0

Building Information

  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: VILLAS AT 12TH STREET CONDOMINIUMS
  • Township: 1N

Community/Development

  • Community Features: Other,Barbecue

Tax Information

  • Tax Annual Amount: $178.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: No Carry,Conventional,1031 Exchange
  • Ownership: Fee Simple
  • Parcel Number: 113-25-049
  • Property Type: Multiple Dwellings
  • Zoning: R3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS
  • Flooring: Laminate

Exterior

Parking Information

  • Open Parking Spaces: 5.0
  • Parking Features: \u003e1 Space Per Unit,Carport

Lot Information

  • Additional Parcels: true
  • Lot Size Dimensions: 337X164
  • Number Of Buildings: 12
  • Road Surface Type: Asphalt
  • Water Source: Master Meter

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Wood Frame,Stucco
  • Roof: Foam

General Information

  • Covered Spaces: 24.0
  • Number Of Units Total: 24
  • Sewer: Public Sewer

4037 S 12th Street Neighborhood

Community

85040 (Phoenix) Demographics

30
Median Age
3,469
Population Density (per sq. mile)
16%
College Educated
$43,127
Estimated Median Income
4,903
Estimated Total Home Owners
5,889
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4037 S 12th Street Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4037 S 12th Street Market Data

Based on the last 30 days in this zip code

$355,240
Average List Price
$235
Average Price per Square Foot
12
Properties Sold
84
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

4037 S 12th Street History

Date Event Value Agent
6/5/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$625,000 -8.8%
6/5/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$7,250,000 -8.8%
4/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Increase
$685,000 5.4%
4/8/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$650,000 -5.1%
4/3/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$7,950,000 -0.6%
4/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 02, 2026
3/20/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
March 20, 2026