$159,900

4012 S 3rd Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated payment $919/month

Total Views 9,108
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Concrete Flooring
  • 3-minute walk to Ho-E Mini Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

Don't miss out on this fantastic investment opportunity! This two-family home offers great potential for value-added improvements. Each unit features 1 bedroom and 1 bathroom, providing a comfortable living space. The property also boasts a fully fenced yard and an unfinished garage at the rear, offering additional possibilities for expansion or customization.Conveniently located near downtown Phoenix, this home is within close proximity to shopping centers, restaurants, and more.This property can also be purchased in conjunction with two adjacent properties: 313 W Jones Ave (20 units) and 4014 S 3rd Ave (2-family in 2 separate buildings), totaling 24 units for an incredible investment portfolio. Whether you're a seasoned investor or looking for a value-driven opportunity.

Listing Agent

Joseph Mahoney

JM Realty License #BR561411000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $334

Year Built

  • Built in 1946

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Schools

  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 113-04-023

Community Details

Overview

  • 2 Units
  • Building Dimensions are 40 x 149
  • Southgate Park Subdivision

Building Details

  • Operating Expense $334

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$334

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: S Central Ave & W Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2024
  • Directions: Head south on S Central Ave, Turn right onto W Jones Ave. Property will be on the left.
  • Road Surface Type: Asphalt
  • Subdivision Name: SOUTHGATE PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Paved, Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 40 x 149
  • Additional Parcels: No
  • Parcel #: 113-04-023

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 2
  • Annual Operating Expense: 334.0

Tax Info

  • Tax Annual Amount: 334.0
  • Tax Book Number: 113.00
  • Tax Lot: 0

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $334 $2,276 -- --
2024 $325 $2,168 -- --
2023 $325 $12,580 $2,510 $10,070
2022 $318 $9,210 $1,840 $7,370
2021 $325 $7,820 $1,560 $6,260
2020 $321 $6,370 $1,270 $5,100
2019 $311 $5,200 $1,040 $4,160
2018 $302 $4,220 $840 $3,380
2017 $288 $3,310 $660 $2,650
2016 $274 $2,710 $540 $2,170
2015 $258 $2,170 $430 $1,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 For Sale $159,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Warranty Deed $395,000 Pioneer Title Agency Inc
Warranty Deed $365,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,647,710 New Conventional
Previous Owner $154,000 Commercial
Previous Owner $154,000 Commercial
Previous Owner $8,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6830702

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-04-023

Arizona Maricopa County Phoenix 85041 South Mountain

4012 S 3rd Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4012 S 3rd Ave, Phoenix, AZ 85041 and is currently priced at $159,900. This property was built in 1946. 4012 S 3rd Ave is a home located in Maricopa County with nearby schools including Cesar E Chavez Community School, Cesar Chavez High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Joseph Mahoney
Listing Agent
Joseph Mahoney
Section Image
JM Realty
(623) 745-2194