4224 N 12TH Street 203, Phoenix, AZ 85014, Phoenix, 85014 - 2 bed, 1 bath
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Phoenix, AZ 85014
This Modern Turnkey Condominium is a High-Potential Investment Opportunity, listed at $185,000—positioned well below the $208,017 Fair Market Value by 11%. This valuation gap offers $23,017 in Instant Equity. Boasting a Mint Condition Rating, the fully furnished interior features granite countertops, new flooring, and a modernized kitchen. Located in the heart of Phoenix near the Biltmore and ASU, with proximity to Longview Elementary, this unit balances urban lifestyle perks with strong financial upside. It is an ideal match for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4224 N 12TH Street 203 Subject | $185,000* List Price | 2 | 1 | 750 | $277 | - |
A 1014 E Osborn Road A Sold | $195,000 | 1 | 1 | 673 | $290 | 0.7 mi |
B 1343 E PIERSON Street Active | $225,000 List Price | 2 | 1 | 816 | $276 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1956, the interior has undergone a recent high-end renovation (likely <5 years) featuring new flooring throughout, fresh neutral paint, and a modernized kitchen with granite countertops and a tile backsplash. The unit is in mint, move-in ready condition.
Situated in the heart of Phoenix near the Biltmore area and ASU, this property offers exceptional access to premier dining, shopping, and major transit options like the light rail.
The condo is move-in ready and sold fully furnished with modern updates including new flooring, fresh paint, and granite countertops, making it ideal for immediate occupancy or as a rental.
Priced under $200k for a two-bedroom unit in a desirable urban corridor, this property represents a strong value proposition for first-time buyers or investors seeking low-maintenance assets.
At 750 square feet for a two-bedroom layout, the interior may feel restrictive, and the European-style washer/dryer combo typically offers less capacity than standard units.
Built in 1956, the building may lack the modern energy efficiencies and extensive community amenities found in newer luxury condominium developments.
Live in the heart of it all! This stylish, fully furnished condo in the intimate Montrachet community offers true low-maintenance living--just bring your clothes and start enjoying the Downtown Phoenix lifestyle. Inside, you'll find an open floor plan with new flooring throughout, fresh neutral paint, and a bright, inviting living space. The kitchen features granite countertops, tile backsplash, and a European-style washer/dryer combo for convenience. Located just minutes from the Biltmore, top dining, shopping, sporting events, and Arizona State University, with easy access to freeways and the light rail. Perfect for those who want to live, work, and play in the city!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 750 | 1,120 | 10% |
| Lot Size | 723 | 1,098 | 17% |
| Price | $185.0K | $225.0K | 41% |
| Price per sq ft | $247 | $204 | 55% |
| Built year | 1956 | 1980 | 3% |
| HOA | $287 | $237 | 69% |
| Days on market | 21 | 2008 | 3% |
Apr 29, 2026
$185,000
Initial Listing