$355,000
Tempe, AZ 85281
MLS# 7029889
Status: UCB (Under Contract-Backups)
2 beds | 1 baths
1 / 22
Property Description
Where charm meets convenience in the heart of Tempe! 720 W 12th St sits on an oversized 8,115 sq ft lot offering incredible potential for homeowners, investors, and developers alike. This centrally located property features a functional single-level layout with 2 bedrooms, 1 bathroom, and endless possibilities for expansion, outdoor living, or future value growth. Ideally located just minutes from ASU, Downtown Tempe, Tempe Town Lake, Light Rail access, Sky Harbor Airport, major freeways, plus popular dining, shopping, parks, and entertainment. Whether you're searching for a primary residence, rental property, or investment opportunity, this property delivers exceptional value in one of the Valley's most desirable and rapidly growing areas.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $355,000
Status: UCB (Under Contract-Backups)
Current Price: $355,000
List Date: 2026-05-16
Location, Tax & Legal
Assessor's Map #: 67
Legal Description (Abbrev): LOT 43 TEMPE TERRACE MCR 004803
Assessor's Parcel #: 71
Tax Municipality: Tempe
Taxes: 1490
House Number: 720
Compass: W
Street Name: 12TH
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5417
Country: US
County Code: Maricopa
Assessor Number: 124-67-071
Subdivision: TEMPE TERRACE
Tax Year: 2025
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 1
Half Bathrooms: 0
Approx SQFT: 858
Price/SqFt: 413.75
Approx Lot SqFt: 8115
Approx Lot Acres: 0.186
Horses: N
Builder Name: Unknown
Lead Based Hazard Disclosure: Yes
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Tempe Elementary Online Community
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 2
Total Bathrooms: 1
Year Built: 1951
Legal Info
Range: 4E
Section: 21
Township: 1N
Lot Number: 43
Special Listing Cond
N/A: 1
Construction
Block: 1
Wood Frame: 1
Brick: 1
Const - Finish
Painted: 1
Roofing
Rolled: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Lockbox Type
Supra: 1
Master Bathroom
None: 1
Add'l Property Use
Ranch: 1
Flooring
Laminate: 1
Tile: 1
Window Features
Single Pane: 1
Dual Pane: 1
Dining Area
Breakfast Bar: 1
Heating
Natural Gas: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Gas Oven: 1
Gas Range: 1
Laminate Counters: 1
Refrigerator: 1
Cooling
Central Air: 1
Laundry
Washer Hookup: 1
Gas Dryer Hookup: 1
Basement
Basement Y/N: N
Other Rooms
Family Room: 1
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
Alley: 1
City Street: 1
Road Responsibility
City Maintained Road: 1
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
Back Yard: 1
Water Source
City Water: 1
Exterior Features
Patio: 1
Storage: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 2
Total Covered Spaces: 0
Parking Features
RV Gate: 1
RV Access/Parking: 1
Foundation Details
Slab: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Plumbing
Gas Hot Water Heater: 1
Utilities
APS: 1
SW Gas: 1
Existing 1st Loan
Treat as Free&Clear: 1
Property Description
North/South Exposure: 1
Landscaping
Dirt Back: 1
Gravel/Stone Front: 1
Services
City Services: 1
Items Updated
Plmbg Yr Updated: 2026
Plmbg Partial/Full: Partial
Unit Style
All on One Level: 1
Other Structures
Shed(s): 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Cross Street: 12th and Hardy
Directions: From University, go south on Hardy, then east on 12th street.
Geo Lat: 33.416243
Geo Lon: -111.949832
Property Features
Special Listing Cond: N/A
Add'l Property Use: Ranch
Master Bathroom: None
Flooring: Laminate; Tile
Window Features: Single Pane; Dual Pane
Spa: None
Dining Area: Breakfast Bar
Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Refrigerator; Laminate Counters
Laundry: Washer Hookup; Gas Dryer Hookup
Foundation Details: Slab
Other Rooms: Family Room
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Patio; Storage
Other Structures: Shed(s)
Parking Features: RV Access/Parking; RV Gate
Road Access Type: Alley; City Street
Road Responsibility: City Maintained Road
Construction: Block; Wood Frame; Brick
Const - Finish: Painted
Roofing: Rolled
Cooling: Central Air
Heating: Natural Gas
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Back Yard
Property Description: North/South Exposure
Landscaping: Dirt Back; Gravel/Stone Front
Showing Notification Methods: Text; Email
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Room Information
| Room Name |
| Bedroom 2 |
Listing Office: My Home Group Real Estate
Last Updated: May - 27 - 2026
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