9648 N 12th Avenue, Phoenix, AZ 85021

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
9648 N 12th Avenue,Phoenix, AZ 85021
$999,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zachary coty
Office: compass
MLS#:7045461
Source:ARMLS

Price summary

  • Price:$999,000

About this home

Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

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Home facts

  • Year built:1987
  • Subdivision & Development:FOOTHILL LOTS
  • Listing ID #:7045461
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Flooring:Laminate, Tile, Vinyl

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1987
  • Construction Materials:Block, Painted, Slump Block, Stucco

Schools

  • High school:Sunnyslope High School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$999,000
  • Tax amount:$11,361 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Free Parking, More Than 1 Parking Space/Unit, Paved
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