$685,000
PENDING

Estimated payment $3,680/month

Total Views 1,852
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

This duplex is brand new! It is ready for you to put tenants in right away. Everything has been completed, down to the window shades. Features include stainless steel appliances, washer & dryer, quartz counter tops in the kitchen and bathrooms. Property is setup for a long term rental or coliving or PadSplit. Four bedrooms and two baths in each unit. See proforma for estimated numbers based on actual PadSplit properties of the same floor plan. Review the cap rate!

Listing Agent

Richard De Luca

FSR Realty License #BR662326000 Listed on: 04/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1948

Parking

  • Carport

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Schools

  • Silvestre S Herrera Elementary And Middle School
  • North High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Natural Gas Not Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 115-43-079
  • $10,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Building Dimensions are 127' x 51'
  • Lincoln Park Subdivision

Building Details

  • Operating Expense $872
  • Gross Income $85,500
  • Net Operating Income $66,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$872

Year Built

Built in 1948

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: S 12th St & E Pima St
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: LINCOLN PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Built-Up

Garage/Parking

  • Parking Features: Carport, >1 Space Per Unit
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Central Air, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Silvestre S Herrera School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Silvestre S Herrera School

Lot Info

  • Lot Size: 127' x 51'
  • Additional Parcels: No
  • Parcel #: 115-43-079

Multi Family

  • Owner Pays: Water, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 85500.0
  • Property Net Operating Income: 66936.0
  • Annual Operating Expense: 872.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 872.0
  • Tax Book Number: 115.0
  • Tax Lot: 32

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $872 $6,137 -- --
2024 $721 $5,844 -- --
2023 $721 $17,650 $3,530 $14,120
2022 $693 $11,350 $2,270 $9,080
2021 $694 $9,630 $1,920 $7,710
2020 $704 $8,060 $1,610 $6,450
2019 $704 $6,360 $1,270 $5,090
2018 $351 $5,330 $1,060 $4,270
2017 $338 $5,300 $1,060 $4,240
2016 $329 $5,050 $1,010 $4,040
2015 $299 $3,920 $780 $3,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2026 04/12/26 Pending -- -- --
04/01/2026 04/01/26 For Sale $685,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Driggs Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7007395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-43-079

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