712 E Pierce St

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Description

Pierce Apartments is located in Downtown Phoenix just off 7th Street between Roosevelt and Washington; one of the most vibrant locations in all of Arizona! The past 15 years have brought tremendous residential gentrification to downtown Phoenix. With the implementation of the Metro Light Rail through the neighborhood, coupled with Chase Field (home to the Arizona Diamondbacks) and US Airways Center (home to the Phoenix Suns), major universities, employers, and retailers have developed massive new...Pierce Apartments is located in Downtown Phoenix just off 7th Street between Roosevelt and Washington; one of the most vibrant locations in all of Arizona! The past 15 years have brought tremendous residential gentrification to downtown Phoenix. With the implementation of the Metro Light Rail through the neighborhood, coupled with Chase Field (home to the Arizona Diamondbacks) and US Airways Center (home to the Phoenix Suns), major universities, employers, and retailers have developed massive new commercial developments in downtown Phoenix . Directly across 7th Street from Pierce Apartments is the "Phoenix Biomedical Campus" which is a developing 30-acre campus with 615,000 square feet already completed. Currently there is one 20,000-square-foot project under construction, three projects in planning, totaling an additional 750,000 square feet, with 6,000,000 total square feet of Biomedical related space at build-out! The University of Arizona's College of Medicine; TGen, which houses the National Institute of Health; St. Joseph's Barrow Neurological Institute; Arizona Biomedical Collaborative 1; and Health Sciences Education Buildings for University of Arizona and Northern Arizona University, are all currently open on the Biomedical Campus today. Currently under construction is the $100 million medical campus of University of Arizona's Cancer Center, slated to open in 2015. Arizona State University's Downtown Campus, home to the Walter Cronkite School of Journalism and Mass Communication; Sandra Day O'Connor College of Law; and several other post-graduate programs are just four blocks west of our Subject and are a major new tenant demand generator for Downtown Phoenix. Additional schools in the area include Lowell Elementary School, Osborn Junior High School, North High School, and Phoenix Biomedical High School. Downtown Phoenix is also the cultural and arts epicenter of Metro Phoenix. The First Friday Art Walk along Roosevelt attracts thousands of art enthusiasts each month where local galleries and businesses create a festival-like atmosphere each month. Additional cultural and entertainment venues in the neighborhood include Comerica Theatre, Symphony Hall, Herberger Theatre, Phoenix Children's Museum, Arizona Science Center, Heard Museum, Phoenix Art Museum, Monarch Theatre, CityScape, Stand Up Live, Burton Barr Central Library, Chase Field, US Airways Center, and the Phoenix Convention Center. Downtown Phoenix is also home to many nationally acclaimed restaurants such as Matt's Big Breakfast, Fox Concepts "Arrogant Butcher", the Phoenix Public Market, and award winning Chef Chris Bianco's creation Pizza Bianco. Additional restaurants and retailers are located at CityScape Phoenix, featuring Urban Outfitters and JoS. A. Bank. Nearby recreation includes Margaret T. Hance Park, featuring picnic areas, playgrounds, walking paths, ramadas, sand volleyball court, and dog park. The park is also home to the Japanese Friendship Garden and the Irish Cultural Center.
  1. Listed by Gregory F Thielen • Brokerage DRE #LC649418000 • Berkadia Real Estate Advisors
    P: (602)-912-1627 C: (602)-625-5388 thielen@at-res.com

Property Details for 712 East Pierce Street

View YN
No
Zoning
R-5
LISTING UPDATED: 12/06/2023 01:14 AM

Property Details for 712 East Pierce Street

StatusClosed
MLS #5104778
Days on Market191
Taxes$1,223 / year
HOA Fees-
Condo/Co-op Fees$2,500 / month
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1931
Lot Size0.21 AC / 9,000 SF
CountyMaricopa County

Location

Listing Courtesy of Berkadia Real Estate Advisors

Sold By Berkadia Real Estate Advisors

Add your commute

Building Information for 712 East Pierce Street

Stories-Residences5Year Built1931Building Size-Lot Size0.21 AC / 9,000 SF

Payment Calculator

$4,390 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,788

Property Taxes

$102

HOA Dues

$2,500

The Payment Calculator is for illustrative purposes only.

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Property Information for 712 East Pierce Street

Summary
Location and General Information
  • Unparsed Address: 712 E PIERCE Street, Phoenix, AZ 85006
  • City: Phoenix
  • Coordinates: -112.064521, 33.456169
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 7th St & Pierce
  • Directions: From I-10 and 7th Street--south on 7th St past Roosevelt to Pierce. Left (east) as Pierce. Property is 2nd parcel on the left (north side of Pierce).
  • Latitude: 33.456169
  • Longitude: -112.064521
  • Map Coordinate: Q34
  • Postal City: Phoenix
  • Postal Code: 85006
  • Postal Code Plus4: 4009
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,931
Taxes and HOA
  • Tax Annual Amount: $1,223.00
  • Tax Book Number: 116.00
  • Tax Legal Description: CHURCHILL ANNEX
  • Tax Lot: 5
  • Tax Year: 2,013
Parking
  • Covered Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 5
  • Open Parking YN: Yes
  • Parking Features: Paved Parking, Free, Assigned, 1 Space/Unit, Street Parking
  • Parking Total: 5
School Information
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 50'x180'
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11632005
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 4
  • Public Survey Township: 1N
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Alley
Utilities
  • Electric: APS, Individual Meter
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $2,100.00
  • Water Source: Master Meter
Interior and Exterior Features
Exterior Features
  • Community Features: Barbecue, No Pool
  • Construction Materials: Stucco, Frame - Wood
  • Number Of Buildings: 3
  • Number Of Units Total: 5
  • Roof: Tile, Foam
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central A/C, Individual, Wall/Window Unit(s)
  • Cooling YN: Yes
  • Heating: Central, Window/Wall Unit(s), Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $800.00
  • Gardner Expense: $780.00
  • Gross Income: $41,676.00
  • Gross Scheduled Income: $44,400.00
  • Insurance Expense: $1,531.00
  • Maintenance Expense: $2,500.00
  • Net Operating Income: $28,455.00
  • Operating Expense: $13,293.00
  • Other Expense: $.00
  • Professional Management Expense: $2,859.00
Rental
Rent Information
  • Tenant Pays: Electricity, Cable TV

Property History for 712 East Pierce Street

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Withdrawn

ARMLS #6964606

$1,050,000—
Jan 7, 2026

Withdrawn

ARMLS #6880899

$1,224,997—
Jan 7, 2026

Listed (Active)

ARMLS #6964606

$1,050,000—
DateEvent & SourcePrice
04/07/2026

Withdrawn

ARMLS #6964606

$1,050,000
01/07/2026

Withdrawn

ARMLS #6880899

$1,224,997
01/07/2026

Listed (Active)

ARMLS #6964606

$1,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 712 East Pierce Street

Taxable ValueLand-Additions-Total-
Tax Record2025$1,880 ($157 / month)
Home Facts
Total Finished SqFt1,010 SqFtAbove Grade Finished SqFt1,010 SqFtStories2Lot Size8,985 SqFtStyleDuplexYear Built1931ZoningR-5CountyMARICOPAAPN116-32-005

Schools near 712 East Pierce Street

This home is within Phoenix Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Ralph Waldo Emerson Elementary School
PublicPK to 8

North High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Phoenix #1 Iacademy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkadia Real Estate Advisors

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.