For Sale Multi-Family MLS# 7020709

3422 N 12TH Place

Phoenix, AZ 85014

$899,999

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Listing Office

Officearizona-regional-mls-rsd logoHowe Realty
AgentSarah Triana
Phone602-909-6513

About 3422 N 12TH Place

Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents, while two units are vacant during the remodel process, creating immediate upside potential. Strong value-add opportunity with projected rents of $1,450-$1,700 per month based on nearby comparable properties. Centrally located property just minutes from downtown phoenix with convenient freeway access and strong rental potential. Situated in an established neighborhood with a mix of resident and investment properties.

fully remoldeled unit for rent at $1,500.00

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1983
Original price
$1,099,000
MLS #
7020709

Interior

Features
Central Air, Electric, Varies by Unit, Varies by Unit, Central, Electric, Ceramic Tile
Flooring
Ceramic Tile
Heating
Varies by Unit, Central, Electric
Cooling
Central Air, Electric, Varies by Unit

Exterior & lot

Features
Paved, Carport, Parking spaces: 4
Construction
Wood Frame, Stucco, Built-Up
Roof
Built-Up
Lot
R-4, 11808137
Parking
Paved, Carport

Schools

District
Osborn Elementary District
Elementary
Longview Elementary School
Middle
Osborn Middle School
High
North High School

Utilities

Utilities
Public Sewer, Sewer-In & Connected, Master Meter, City Franchise
Water
Master Meter, City Franchise
Sewer
Public Sewer, Sewer-In & Connected

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$3,188
Tax year
2025
Parcel
11808137

Location

Subdivision
STEPHENSON SUBDIVISION
County
Maricopa
Neighborhood
Longview East
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Osborn Elementary District
Directions
Head east on E Osborn Rd toward N 9th Pl. Turn left onto N 12th Pl. Turn left. Turn left. Destination will be on the left.

Location

Neighborhood
Longview East
Subdivision
STEPHENSON SUBDIVISION
School district
Osborn Elementary District

Interested in this home?

Questions on 3422 N 12TH Place, Phoenix, AZ 85014, or want to see it in person?

The Anderson Team · (480) 900-9140

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