215 N 12th Avenue, Phoenix, AZ 85007
- $625,000
- List Price
- $625,000
- Days on Market
- 145
- Status
- ACTIVE
- MLS#
- 6993030
- City
- Phoenix
- Subdivision
- Walker Sub
- Year Built
- 1930
Property Description
Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.
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Additional Information
- Community Features
- Other
- Construction
- Block, Wood Frame, Painted, Siding
- Cooling
- Ceiling Fan(s)
- Electric
- APS
- Flooring
- Ceramic Tile, Other
- Heating
- Other
- New Financing
- No Carry
- Parking Features
- Other
- Roofing
- Composition
- Subdivision
- Walker Sub
- Taxes
- $3,418
- Tax Year
- 2025
- Tenant Pays
- Electricity
- Units
- 5
- Water
- Master Meter
- Zoning
- M-H
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Listing courtesy of N.B. Andrews and Associates.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.