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4039 S 12TH ST Phoenix AZ 85040

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 48,960
Year Built 1
Days on Market ******
Latitude 33.4091
Longitude -112.0556

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description

OFFERING MEMORANDUM

4037 S. 12th St. Phoenix, AZ 85040

Execu&ve Summary

Asset Type: 24 DUPLEX BUILDINGS (2 Units/BUILDING)

Price: $7,950,000

Year Built: 2025

Unit Mix:

• (12) 4 Beds / 2 Baths

• (12) 3 Beds / 2 Bath

Total SF: 1,020 SQFT/Unit

Investment Highlights:

• New construction, some units have new been occupied.​

• Strong cash-flowing asset in Central Phoenix

• Value-add opportunity through rent increases

• Low-maintenance landscaping

• Quality concrete parking

• Quality finishes in units

• Proximity to major freeways and downtown

Loca&on Overview

Located in the heart of Phoenix with quick access to I-10, and the Downtown area.​

Minutes from downtown, shopping, dining, and major employment hubs.​

Financial Overview

Gross Scheduled Rent:

$1,750/month ($21,000/yr) 3 Bedrooms

$3,700/month ($44,400/yr) 4 BedroomsGross Income: $784,800

Operating Expenses: $363,168

Net Operating Income (NOI): $1,141,632

Cap Rate: 14.4%

Price per Unit: $662,500

Rent Roll

Unit 101: 3 Bed / 2 Bath

Unit 103: 3 Bed / 2 Bath

-

-

$1,750

$1,750

-

-

3/21/26- 3/21/27

3/24/26- 3/23/27

Unit 105: 3 Bed / 2 Bath

Unit 107: 3 Bed / 2 Bath

Unit: 112: 4 Bed / 2 Bath

Unit: 212: 4 Bed / 2 Bath

-

-

-

-

$1,750

-

3/31/26- 10/31/26

$1,750

-

4/01/26- 10/31/26

$3,700/month (CoLiving/PadSplit)

$3,700/month (CoLiving/PadSplit)

Disclaimer

This Offering Memorandum is for informational purposes only.​ All information

should be independently verified by the buyer.​ Rental data is changing as units are

rented.​

Investment Highlights

This property is one of has 12 total buildings and 24 units. Newer construction so property is not fully occupied. Rental data is for the past few months from when the certificate of occupancy was obtained and in the documents area. See the quality finishes, including quartz countertops, stainless steel appliance, inside laundry in all units, and more. Priced below appraisals for a quick sale.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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R-4 ResidentialMulti FamilyMultifamily Residence
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View all 73 uses
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Last updated Apr 13, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
RD
Richard De Luca
•••.•••.5050
rick@•••••••••••••.com
Brokerage logo

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Comparable Properties

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Rental Market Overview

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Phoenix, AZ median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Phoenix, AZ (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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