Back 340 N 12th St
Off Market

340 N 12th St

Phoenix AZ 85006

1
Multi-Family
Last sold for $400,000
Brittany GreathouseBrittany Greathouse, last sold this property on 08 December 2025 after 52 days on market.

Overview

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, 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

Features

1 carspace
1 open car space
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 340 N 12th St is $589.35k.

Median value
$589.35k
Estimated value range
$100k - $1.75m
Median days on market
71
Estimated value trend
-19%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 340 N 12th St

2025
Sold
$400,000
08 Dec 2025 by Brittany Greathouse, of West USA Realty
2024
Rented
Undisclosed
15 Nov 2024 by Fort Lowell Realty & Property Management
2018
Sold
$270,000
02 Jul 2018 by Sela Dragan, of Keller Williams Realty Biltmore Partners

Happy sellers in Phoenix

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We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.

Local market activity for multi families in Phoenix

In the last 12 months, 19 multi families similar to 340 N 12th St, have been sold.

This represents a 10% increase in multi families sales when compared to the previous 12 months.

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