340 N 12th Street, Phoenix, AZ 85006

$415,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 1,589 Lot Size (sq. ft.): 6,759 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# 6934568

Contract Information

List Price: $415,000 Status: Active Current Price: $415,000 List Date: 2025-10-16 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 340 Compass: N Street Name: 12th St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 County Code: Maricopa Assessor Number: 116-25-098 Subdivision: VAN BUREN PLACE Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 4 Full Bathrooms: 3 Total Bathrooms: 3 Approx SQFT: 1589 Price/SqFt: 261.17 Guest House SqFt: 468 Horses: N Builder Name: unknown Year Built: 1916 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 6759 Approx Lot Acres: 0.155 Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Planned Comm Name: Garfield Historic District 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: 33.45274 Geo Lon: -112.056269

Legal Info

Township: 1N Range: 3E Section: 4 Lot Number: 19

Basement

Basement Y/N: N

Items Updated

Ht/Cool Yr Updated: 2021 Ht/Cool Partial/Full: Full

Parking Spaces

Slab Parking Spaces: 1

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Architecture: Bungalow View: City Lights Master Bathroom: Full Bth Master Bdrm Flooring: Tile; Vinyl Spa: None Community Features: Historic District; Near Bus Stop Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Electric Range Laundry: Washer Hookup; 220 V Dryer Hookup Exterior Features: Covered Deck; Separate Guest House Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Window/Wall Unit Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: APS Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Services: City Services Fencing: Perimeter; Wood; Partial Property Description: Corner Lot; City Light View(s) Landscaping: Gravel/Stone Front; Gravel/Stone Back; Desert Front Showing Notification Methods: Text Lockbox Type: Supra; See Private Remarks Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Non Assumable New Financing: Cash; Conventional Disclosures: Seller Discl Avail; Agency Discl Req; Vicinity of an Airport
Listing Office: West USA Realty
Last Updated: November - 09 - 2025
340 N 12th Street, Phoenix, AZ 85006- MLS# 6934568
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