$159,900

4012 S 3rd Ave Phoenix, AZ 85041

$1,899
Closing credit¹
House

Property details

About 4012 S 3rd Ave

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 S 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.

Highlights

Home typeOther
HeatingElectric
StatusActive
Year built1946
ParkingPaved Parking, Assigned, Add'l Parking Avail, 1 Space/Unit
MLS #6830702

Summary

  • MLS Number: 6830702
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: JM Realty
  • Office Phone: (480) 785-5612
  • Office Email: joseph.mahoney@jmrealty.net
  • Listing Agent: Joseph P Mahoney

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with fence

$159,900

4012 S 3rd Ave

$1,899

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 23, 2020
Home Sold
$525,000
Jun 23, 2020
Home Sold
$365,000
Jun 23, 2020
Home Sold
$395,000

Tax history

YearAssessmentProperty Tax
2024$16,980$324
2023$12,580$318
2022$9,210$324
2020$6,370$320
2019$5,200$302
2017$3,310$287

History based on county public records data.

Nearby schools

5

Reyes Maria Ruiz Leadership Academy

Public Charter KG-6

0.7 mi

4848 S 2nd St

3

Asu Preparatory Academy - South Phoenix Intermediate School

Public Charter 3-6

1.1 mi

5610 S Central Ave

7

Basis Phoenix South

Public Charter KG-5

1.7 mi

5700 S 19th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,706. Most Phoenix, AZ residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

50%
<35k
41%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

34%
Single, No Kids
27%
Single, with Kids
16%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • BasketballBasketball

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • Jasons DeliJasons Deli

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4012 S 3rd Ave

This home is located at 4012 S 3rd Ave in Phoenix, AZ and zip code 85041 in the South Mountain neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $159,900.

While more than 185 listings in Phoenix, AZ in February 2025 were sold above asking price, there were more than 322 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Phoenix, AZ between January and February 2025 increased by 11.5%. In February 2025 median list price was $456,254 and the average listing age was 71 days.

From Rocket Homes Real Estate and based on county public records data.

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