340 N 12th Street, Phoenix, AZ 85006

$400,000

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Sold Price
$400,000
List Price
$415,000
Status
CLOSED
Days on Market
52
Closing Date
Dec 09, 2025
MLS#
6935213
Subtype
Multiple Dwellings
Year Built
1916
Subdivision
Van Buren Place

Property 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, 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

Additional Information

Taxes
$990
Zoning
RES
Flooring
Ceramic Tile
Heating
Electric
Air Conditioning
Central Air, Electric, Varies by Unit, Window/Wall Unit
Exterior Construction
Wood Frame, Stucco
Parking Features
Open, Other, On Street, RV Access/Parking
Elementary School
Garfield School
Middle School
Garfield School
High School
North High School

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brittany Greathouse (623-866-3306) from Listing Office: West USA Realty.

Selling Office: eXp Realty.

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.