$855,000

4607 N 12th Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated payment $4,610/month

Total Views 4,908
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

4607 N 12th Avenue, a triplex situated in the Melrose District. The property features 100% 2-Bed / 1-Bath units with spacious layouts. The property is of block construction and was extensively renovated in 2024. The recently completed upgrades consist of; stainless steel appliance package, flooring, cabinets, flooring, countertops, bathrooms and more. All units feature private patios, in-suite washer's & dryer's, community courtyard and covered parking. Residents are sure to enjoy the walkability of the neighborhood, being minutes to trendy social and dining options situated throughout the Melrose District. This opportunity is one that allows the Buyer to owner occupy. Property is currently fully occupied, please do not disturb tenants. Seller would carry with 40% down!

Listing Agent

Carson Griesemer

ABI Multifamily License #SA686764000 Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 6 Parking Spaces
  • Carport
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 155-43-183

Community Details

Overview

  • 3 Units
  • Building Dimensions are 130ft x 66ft
  • Grandview Highlands Subdivision

Building Details

  • Operating Expense $1,508
  • Gross Income $52,678
  • Net Operating Income $44,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,508

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue & Highland Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: GRANDVIEW HIGHLANDS
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Other, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved, Add'l Parking Avail, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Individual
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 130ft x 66ft
  • Additional Parcels: No
  • Parcel #: 155-43-183

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 52678.45
  • Property Net Operating Income: 44495.0
  • Annual Operating Expense: 1508.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1508.0
  • Tax Book Number: 155.00
  • Tax Lot: 10

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $1,561 $12,019 -- --
2024 $1,457 $11,447 -- --
2023 $1,457 $46,350 $9,270 $37,080
2022 $1,449 $31,980 $6,390 $25,590
2021 $1,474 $28,060 $5,610 $22,450
2020 $1,436 $23,600 $4,720 $18,880
2019 $1,374 $20,270 $4,050 $16,220
2018 $1,329 $17,380 $3,470 $13,910
2017 $1,220 $14,320 $2,860 $11,460
2016 $1,177 $12,480 $2,490 $9,990
2015 $1,094 $10,980 $2,190 $8,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2025 08/05/25 For Sale $855,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $485,000 Pioneer Title Agency Inc
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- Chicago Title
Warranty Deed $160,000 Chicago Title
Warranty Deed $272,150 Chicago Title Insurance Co
Warranty Deed $193,800 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Warranty Deed $158,500 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,750 New Conventional
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $258,542 Purchase Money Mortgage
Previous Owner $155,040 New Conventional
Previous Owner $150,575 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6901545

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-43-183

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

4607 N 12th Ave, Phoenix, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Carson Griesemer
Listing Agent
Carson Griesemer
Section Image
ABI Multifamily
(602) 714-1400