3422 N 12th Place, Phoenix, AZ 85014
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
3422 N 12th Place,Phoenix, AZ 85014
$1,140,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:brandon howe
Office:howe realty
MLS#:6761204
Source:ARMLS
Price summary
- Price:$1,140,000
About this home
Huge opportunity to own a 4-plex investment property in a prime location! This is an incredible opportunity for future wealth creation, with rapid growth and development in the area - right near the Biltmore! Each of the four units in this well-maintained building offers 2 bed/ 2 baths, providing affordable living space across 974 sf per unit. All units come with appliances, making it move-in ready for tenants—no need for any added expenses. Best of all, there are no HOA fees—a major bonus that keeps your operating costs lower. Currently, all units are occupied, offering immediate rental income. One unit requires a little TLC, giving you the potential to increase its rental value. Great proximity to downtown Phoenix, shopping, dining, and public transport. Whether you're looking to expand your portfolio or dive into your first multi-family investment, this might be a fantastic opportunity. Don't miss out!
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Home facts
- Year built:1983
- Listing ID #:6761204
- Updated:August 19, 2025 at 02:50 PM
Heating and cooling
- Cooling:Electric, Individual Cooling
- Heating:Central, Electric, Individual Heating
Structure and exterior
- Year built:1983
Schools
- High school:North High School
- Middle school:Osborn Middle School
- Elementary school:Longview Elementary School
Utilities
- Water:City Franchise, Master Meter
- Sewer:Sewer in & Connected
Finances and disclosures
- Price:$1,140,000
- Tax amount:$2,976 (2023)
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