$499,000
Phoenix, AZ 85006
MLS# 7018588
1 / 5
Property Description
Central Phoenix value-add opportunity featuring two separate structures, each offering 2 bedrooms and 1 bathroom. This property provides flexibility for an investor, owner-occupant, or buyer looking to renovate and maximize its potential. With two detached living spaces, the layout is well suited for rental income, multigenerational living, guest quarters, or a future redevelopment vision, subject to buyer verification and local zoning requirements. Located in the heart of Phoenix, the property offers convenient access to dining, shopping, major freeways, downtown Phoenix, and surrounding employment corridors. A rare opportunity to add value in a highly accessible central location.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $499,000
List Price: $499,000
Status: Active
List Date: 2026-04-23
Location, Tax & Legal
Assessor's Map #: 25
Legal Description (Abbrev): LOT 14 WELTY TRACT MCR 000404
Assessor's Parcel #: 157
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113201
Taxes: 2304
Legal: LOT 14 WELTY TRACT MCR 000404
Marketing Name: Welty Tract
House Number: 1212
Compass: E
Street Name: TAYLOR
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3417
County Code: Maricopa
Subdivision: WELTY TRACT
Assessor Number: 116-25-157
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 1
Lot Size Dimensions: x
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Garfield School
Jr. High School: Garfield School
High School: North High School
Year Built: 1912
Zoning: R-5
Legal Info
Range: 3E
Section: 4
Township: 1N
Lot Number: 14
Project Type
Other (See Remarks): 1
Other Type
Other (See Remarks): 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Wood Siding: 1
Stucco: 1
Roofing
Composition: 1
Floors
Tile: 1
Wood: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2304
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 499000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Central Air: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
Built-In Gas Oven: 1
Dishwasher: 1
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
See Remarks: 1
New Financing
Cash: 1
Conventional: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2000
Avg SqFt: 800
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Taylor and 12th St
Geo Lat: 33.454138
Geo Lon: -112.0559
Property Features
Project Type: Other (See Remarks)
Other Type: Other (See Remarks)
Construction: Block; Wood Frame
Const - Finish: Wood Siding; Stucco
Roofing: Composition
Floors: Tile; Wood
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Built-In Gas Oven; Refrigerator; Dishwasher
Heating: Natural Gas
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
New Financing: Cash; Conventional
Environmental: None
Listing Office: Compass
Last Updated: April - 24 - 2026
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