4012 S 3RD Avenue, Phoenix, AZ 85041
Property image
Property image
OFF MARKET

$193,800

Trulia Estimate
  • 2 Beds
  • 2 Baths

4012 S 3RD Avenue, Phoenix, AZ 85041

South Mountain
Est. Refi. Payment $1,133/mo*
Refinance Your Home
Currently Off Market - Sold Sep 17, 2025 for $135,000

Home Value

Trulia Estimate
$194K
Since last month
Increased$9K (+5.1%)
Since last year
Increased$55K (+41.1%)
Since last sale
Increased$55K (+40.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +349% in the last 10 years
MonthEstimated value
2026
August 2026$190K
July 2026$181K
June 2026$188K
May 2026$193K
April 2026$190K
March 2026$187K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
753 W RIVERSIDE Street, Phoenix, AZ
0.39
Multi-Family Home
$390,000
09/23/25
6
3
2,000
4429 S 8TH Street, Phoenix, AZ
0.97
Multi-Family Home
$345,000
08/26/25
7
4
2,346
1318 S 1ST Avenue, Phoenix, AZ
1.67
Multi-Family Home
$279,000
09/24/25
2
2
1,430
6410 S 7TH Street, Phoenix, AZ
1.71
Multi-Family Home
$250,000
06/05/26
2
2
1,152
313 W JONES Avenue, Phoenix, AZ
0.04
Multi-Family Home
$870,552
04/30/26
-
-
5436 S 7TH Street, Phoenix, AZ
1.21
Multi-Family Home
$379,000
04/17/26
6
2
2,400
1638 S 5th Street, Phoenix, AZ
1.60
Multi-Family Home
$450,000
07/09/26
8
2
2,464

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4014 S 3RD Avenue, Phoenix, AZ 85041
0.02
$284,500
4
2
-
Off Market
4006 S 3RD Avenue, Phoenix, AZ 85041
0.01
$151,000
3
3
1,540
Off Market
4114 S 3RD Avenue #unk, Phoenix, AZ 85041
0.07
-
-
-
-
Off Market
313 W JONES Avenue, Phoenix, AZ 85041
0.04
$870,552
Studio
-
-
Recently Sold
141 W JONES Avenue, Phoenix, AZ 85041
0.05
$325,900
3
2
1,982
Off Market
136 W JONES Avenue W #14, Phoenix, AZ 85041
0.07
$100,000
-
-
-
Recently Sold
4031 S 6th Avenue, Phoenix, AZ 85041
0.13
$388,200
4
3
2,039
Off Market
310 W PUEBLO Avenue, Phoenix, AZ 85041
0.15
$382,000
4
2
1,639
Off Market
108 W JONES Avenue #10, Phoenix, AZ 85041
0.12
$100,000
-
-
-
Recently Sold
101 W SOUTHGATE Avenue, Phoenix, AZ 85041
0.14
$303,600
3
2
1,513
Off Market
102 W JONES Avenue W #9, Phoenix, AZ 85041
0.14
$100,000
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 4012 S 3RD Avenue.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1946
Parking
4 Open Spaces

About this House

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.
4012 S 3RD Avenue, Phoenix, AZ 85041 is a 2 bedroom, 2 bathroom multi-family in South Mountain, built in 1946. It last sold for $135,000 on Sep 17, 2025 (13% below the $154,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $193,800, with a rent estimate of $1,372/month.
Last check for updates: about 1 hour ago
Listed by Joseph P Mahoney, (480) 433-5792
JM Realty
Bought with: Joseph P Mahoney, (480) 433-5792, JM Realty
Source: ARMLS, MLS#6830702
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Home Details for 4012 S 3RD Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: SRPHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Concrete
Levels, Entrance, & Accessibility
Floors: Concrete

Exterior Features

Parking & Garage
Open Parking Spaces: 4No CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Paved,Assigned,Add'l Parking Avail,1 Space/Unit
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 176

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Other
Property Information
Parcel Number: 11304023

Price & Status

Price
List Price: $154,900
Status Change & Dates
Off Market Date: Sat Aug 09 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: PhoenixCommunity: SOUTHGATE PARK
School Information
Elementary School District: Roosevelt Elementary DistrictHigh School: South Mountain High SchoolHigh School District: Phoenix Union High School District

Community

Community Features: Other

Lot Information

Lot Area: 5960 sqft

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Other

Miscellaneous

Mls Number: 6830702

Additional Information

Other

Price and Tax history

DateEventPrice
Sep 17, 2025
Source: ARMLS #6830702
Sold
$135,000
Aug 9, 2025
Source: ARMLS #6830702
Pending
$154,900
Aug 9, 2025
Source: ARMLS #6830702
PendingToActive
$154,900
Jun 17, 2025
Source: ARMLS #6830702
Pending
$154,900
May 7, 2025
Source: ARMLS #6830702
PriceChange
$154,900
Price decreased by 3%

Market trends in South Mountain

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$374K
$13KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$239
$3MoM
Available listings
374
7MoM

Around this home

Neighborhood Overview

South Mountain
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Mountain

At least 811 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 82 % Say there are sidewalks

  • 79 % Say parking is easy

  • 78 % Say yards are well-kept

  • 70 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 59 % Say it's quiet

  • 54 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 50 % Say people would walk alone at night

  • 47 % Say it's walkable to grocery stores

  • 43 % Say neighbors are friendly

  • 42 % Say there's wildlife

  • 41 % Say it's walkable to restaurants

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rnewme87
    "Like having a designated dog park for my pooch Kiera to get out and have exercise and meet other dogs."
    2
    Flag
  • Sharon Poole
    "Crime rates school districts neighborhood activists and activities stores safety. Property qualities "
    1
    Flag
  • Trulia User
    "I live in the neighborhood throughout my childhood the neighbors are very friendly and always look out for each other"
    7
    Flag
  • Trulia User
    "The neighborhood is growing at a fast rate and now has many family distractions around parks recreations and other family fun places around. "
    0
    Flag
  • Trulia User
    "Most neighbors own dogs and it’s an easy way to socialize with neighbors. Our association provides small trash cans and bags scattered throughout the community so it’s easy to keep tidy and most people do. "
    0
    Flag
  • Trulia User
    "South Mountain has a bad reputation, but the 2 years that I've been here says otherwise. I love this neighborhood. "
    0
    Flag
  • Trulia User
    "congested, live right off Baseline and there is traffic a lot of the time. car accidents happen often."
    2
    Flag
  • Trulia User
    "plenty of shady off-sidewalk places for dogs. it's Phoenix so it is hot and the pavement and sidewalks do get very hot 🔥 "
    0
    Flag
  • Trulia User
    "I’ve always lived around South Mountain my whole life. My parent would always move around a lot here & there when I was little"
    10
    Flag
  • Trulia User
    "None that’s I will go too there none special at all I’m not at but church yes I enjoy the church I visit "
    0
    Flag
  • Trulia User
    "Super friendly people in a lovely quiet corner of the city - seems very suburban. Convenient to everything!"
    0
    Flag
  • Trulia User
    "majority of people have dogs able to walk them at park good clean areas lots of space to run in multiple parks"
    0
    Flag
  • Trulia User
    "There are good schools and great restaurants. Nice parks to go fishing and new communities, also big supermarkets"
    0
    Flag
  • Trulia User
    "Dogs are lose and alone sometimes is dangerous. It’s not pet friendly because big dogs can be just walking around alone "
    1
    Flag
  • Trulia User
    "Some people walking their dogs I feel safe and watched over neighbors. Would be nice to have more doggy parks"
    0
    Flag
  • Trulia User
    "is very family oriented and friendly neighborhood with a lot of different store in the area and public transportation"
    0
    Flag
  • Trulia User
    "We’re in a gated community, but the community is small and makes sidewalks hard to walk with dogs when other neighbors are out doing the same. "
    0
    Flag
  • Trulia User
    "It’s a nice area lived here my whole life.A lot of kids that like to play with mine. Good people that care for each other "
    5
    Flag
  • Trulia User
    "Lived here for over 8 years, Great neighborhood and very close to hiking trails, airport, and shopping "
    1
    Flag
  • Trulia User
    "It’s not safe after night falls you have homeless people lurking the streets and crack heads very dangerous "
    0
    Flag
  • Trulia User
    "Baseline has high traffic from the avenues to the I-10 but commute is 12 mins to airport diverse area with all ages"
    0
    Flag
  • Trulia User
    "Love the open walks by the canal and the friendly individuals. South mountain trails are very close and breathtaking. "
    0
    Flag
  • Singhsanjayk001
    "Awesome Friendly Close to downtown Inexpensive Freeways and neighborhood Great place to call home"
    8
    Flag
  • Hannah G.
    "Gated communities are kid friendly, but the surrounding areas are something to watch out for. The area is definitely up and coming though."
    10
    Flag
  • Alexis
    "I live in a nice friendly neighborhood where everyone communicates n knows each other everyone is either related or friends ."
    5
    Flag
  • U2hilary
    "Mountain View’s great! Friendly neighbors, quiet neighborhood. Close to so many things including the airport If you travel often. "
    18
    Flag
  • Andi S.
    "I drive everywhere. but it is just short jaunts. 5 min away from every freeway. this area is constantly improving and opening up more areas for vma variety of shopping. plus there's some open to the public farms near by. fresh eggs, milk and produce. "
    4
    Flag
  • Bukky R.
    "Beautiful views and proximity to downtown is superb. Most homes and shopping are new. People are friendly and down to earth. "
    4
    Flag
  • Sunny B.
    "Great schools, family friendly neighborhoods with lots of parks. Emergency room nearby. Sports complex for youth activities "
    0
    Flag
  • At_rice44
    "I’ve live in this neighborhood for 17 years and have enjoyed my neighbors. Being a home owner is the greatest reward "
    10
    Flag
  • Xavieralexzander
    "Good community for an adult family. Not very motivating for the advancing youth. Quiet noisy with cars and sirens but people are distant and friendly. And about every other house house pit bulls lol. "
    1
    Flag
  • E.S.
    "There’s a bus stop on the corner but I have a car. The light rail is extending to south Phoenix soon though."
    0
    Flag
  • Tammy L.
    "I can’t wait to get out of here! Crime has increased exponentially in the past 5 years! Gun shots heard nightly & every weekend there at least one helicopter flying in circles with spot light. Not to mention, the HOA doesn’t keep anything up- even the neighborhood park is trashed!"
    27
    Flag
  • Marydesamais42
    "We typically do not have community events. I’ve lived here for over 18 years and I never went to a community event "
    0
    Flag
  • Martinezkevin92
    "It’s a peaceful area. A lot of misconception regarding “south side” I love it here, I love the mountains"
    8
    Flag
  • Nestor M.
    "Nothing. This a poor weak neighborhood. Everyone here either keeps to themselves or are very loud. If you want fun just go downtown."
    2
    Flag
  • Whtaylor
    "All of the neighborhood cats!!! It’s like a convention...oh and they regularly use my yard as their personal litter box,"
    13
    Flag
  • Shywanda B.
    "The main streets would be less congested, if there were three lanes. And no, pet owners do not curb their dogs."
    0
    Flag
  • Barbaraascencio
    "We have events at El Prado park and Cesar Chavez Park that make the area special as well as yard sales and other events."
    4
    Flag
  • Jose A. S.
    "public pools, close convenient stores, good schools, but alot of pedifiles, but neighbors mind there own business "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4012 S 3RD Avenue

  • What is 4012 S 3RD Avenue estimated to be worth?
    Trulia's estimated value for 4012 S 3RD Avenue in Phoenix, AZ is $193,800.
  • What is the price history for 4012 S 3RD Avenue?
    4012 S 3RD Avenue in Phoenix, AZ last sold for $135,000 in September 2025.
  • Is Phoenix a buyer's or seller's market?
    Phoenix is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Phoenix?
    The median sale price in Phoenix is $374K. That is down $13K from the prior month.
  • Does 4012 S 3RD Avenue have air conditioning?
    Yes, 4012 S 3RD Avenue in Phoenix, AZ has air conditioning.
  • Does 4012 S 3RD Avenue have parking?
    Yes, 4012 S 3RD Avenue in Phoenix, AZ has on-site parking.

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