3422 N 12TH Place Phoenix, AZ $ 1,125,000
3422 N 12TH Place
$ 1,125,000
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3422 N 12TH Place

Phoenix, AZ, 85014
$ 1,125,000
Baths0.0

Monthly Estimate*

$ 7,019

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,125,000. This home was built in 1983.

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 3 units are occupied for instant income potential. 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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Multi-Family Active

Price

$ 1,125,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,976

Style

Multiple Dwellings

Year Built

1983

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6761204

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Central Electric
Cooling Central Air Electric Individual
Roof Built-Up
Zoning R-4
Construction Materials Wood Frame Stucco
Year Built 1983
Electric APS Underground Individual Meter
Township 2N
Tax Year 2023
Ownership Fee Simple Fee Simple
Gross Income 0.0
Community Features Other No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 2976.0
Insurance Expense 0.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Subdivision Name STEPHENSON SUBDIVISION
Garage Y/N N
Status Active
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.
High School North High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Number Of Units Total 4
Carport Y/N N
Elementary School Longview Elementary School
Tax Annual Amount 2976.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Osborn Middle School
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Osborn Elementary District
Tax Lot 1
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Carport
Water Source Master Meter City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 60 x 126.8
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3422
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* Excluded Features
List By
Howe Realty

Broker

team@howerealtygroup.com

Email

Affordability Calculator

$7,267
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,019
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328222 Elementary School
4327120 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$1,125,000 -0.88% Price Down
10/14/2025$1,135,000 -0.44% Price Down
6/3/2025$1,140,000 -0.87% Price Down
2/14/2025$1,150,000 -1.71% Price Down
1/27/2025$1,170,000 -0.85% Price Down
11/8/2024$1,180,000 -1.67% Price Down
10/1/2024$1,200,000 Listed Price

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3422 N 12TH Place, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $1,125,000. 3422 N 12TH Place is a studio with 0.0 baths and was built in 1983. The property's zip code is 85014 which is in Phoenix, AZ