3422 N 12th Place, Phoenix, AZ 85014

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
3422 N 12th Place,Phoenix, AZ 85014
$1,099,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sarah triana, brandon howe
Office: howe realty
MLS#:7020709
Source:ARMLS

Price summary

  • Price:$1,099,000

About this home

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...

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Home facts

  • Year built:1983
  • Listing ID #:7020709
  • Updated:April 29, 2026 at 08:47 PM

Rooms and interior

  • Flooring:Ceramic Tile

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Central, Electric, Individual Heating
  • Central air:Yes

Structure and exterior

  • Year built:1983
  • Construction Materials:Stucco

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:$1,099,000
  • Tax amount:$3,188 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Carport, Paved
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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