AZ > Phoenix
Phoenix, AZ 85040,4028 S 12th Street
Phoenix, AZ 85040,4028 S 12th Street
Phoenix, AZ 85040,4028 S 12th Street
Phoenix, AZ 85040,4028 S 12th Street
Phoenix, AZ 85040,4028 S 12th Street
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Sophie Roeder

Sophie Roeder

+1(989) 488-9053
$ 2,100,000
Est. payment | /mo
Save
$ 2,100,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6687803

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2025

Annual Tax Amount $1,041

Tax Year 2022

Lot Dimensions IRR

Property Description

Premier Location to build! Excellent development opportunity with shovel ready permits, plans and utility bonds for a 56 unit complex. Located in the Phoenix Opportunity Zone and the popular Central Phoenix Corridor, this large 1.946 acre lot is zoned R-4 and has utilities on site. Close to light rail expansion, public transportation, Downtown Phoenix venues and restaurants, the ASU medical center (under construction), the airport and many other lifestyle services. Approved site plans for four buildings with 40 one bedroom and 16 two bedroom floorplans. Each unit has their own private patio or balcony. Seller is open to seller financing or JV. Get creative.

Location

State AZ

County Maricopa

Zoning R4

Direction Go north on 12th street to property on west side of street

Interior

Heating Electric

Cooling Electric

Flooring Other

Appliance Other (See Remarks)

Exterior

Parking Features None

Community Features No Pool

Roof Type See Remarks

Building

Sewer Public Sewer

Water City Franchise

New Construction Yes

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 113-21-033

Acceptable Financing Other (See Remarks), Conventional, Owner May Carry

Listing Terms Other (See Remarks), Conventional, Owner May Carry

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by RE/MAX Solutions
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(989) 488-9053

sophieazrealtor@gmail.com

7633 E Acoma Dr, Scottsdale, AZ, 85260, USA

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4028 S 12th Street