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340 N 12TH Street, Phoenix, AZ 85006
$415,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$415,000
Last Modified:
11/09/2025
Description
Don't miss this rare chance to own a corner lot duplex just minutes from Downtown Phoenix! This unique property features two separate homes on one lot — a 3 bed, 2 bath main house 1,121 sq ft plus a 1 bed, 1 bath back house 468 sq ft — ideal for house hacking, multigenerational living, or maximizing rental income. Both homes offer a fantastic value-add opportunity for investors or savvy homeowners. Live in one unit and rent the other, or capitalize on the booming demand for rentals in this vibrant, walkable neighborhood. Located in the Garfield Historic District, one of Phoenix's most sought-after & fast-growing areas, known for its vintage charm, artistic vibe, and community feel. Enjoy easy access to ASU Downtown Campus, University of Arizona College of Medicine,
Supplements: Roosevelt Row Arts District, and top-rated schools. Walk or bike to popular local coffee shops, boutique restaurants, music venues, and First Friday Art Walks. The corner lot provides additional privacy, street presence, and potential future development options. Zoned R-5 for high-density residential, giving flexibility for expansion (buyer to verify). Whether you're a buy-and-hold investor, short-term rental operator, or a homebuyer looking to offset your mortgage, this property is a must-see. Minutes to: Downtown Phoenix Chase Field & Footprint Center Phoenix Convention Center Freeways (I-10, I-17) Light rail Museums, nightlife, restaurants and more
More Information MLS# 6935213
Contract Info
Current Price: $415,000
List Price: $415,000
Status: Active
List Date: 2025-10-17
Ownership: Fee Simple
Location Tax Legal
House Number: 340
Compass: N
Street Name: 12TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 4132
County Code: Maricopa
Subdivision: VAN BUREN PLACE
Assessor Number: 116-25-098-A
Tax Year: 2024
General Property Description
Lot Size Dimensions: 6759
Year Built: 1916
Uncvrd Parking Spcs: 1
Total # of Units: 2
# of Buildings: 2
Zoning: RES
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Garfield School
Jr. High School: Garfield School
High School: North High School
Remarks Misc
Cross Street: 12TH ST/VAN BUREN
Directions: From Van Buren, head N. on 12th St, house is on the corner of 12 St. and Polk. Guest house is on Polk St. and has 1161 on the surrounding wooden fence.
Geo Lat: 33.45275
Geo Lon: -112.05628
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 19
Income Expenses
Gross Annual Sch Inc: 36000
Net Operating Income: 25900
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 468
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1850
Avg SqFt: 1121
# Baths: 2
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced
Interior Features: Unfurnished; Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Cooling: Electric; Window/Wall Unit; Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: On Street; RV Access/Parking; Free; Other
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: Supra
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional
Environmental: None
Listing Office: West USA Realty
Last Updated: November - 09 - 2025
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