3616 N 12TH Street Phoenix, AZ ^$ 2,675,000

3616 N 12TH Street

^$ 2,675,000

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3616 N 12TH Street

Phoenix, AZ, 85014

^$ 2,675,000

Studio Baths0.0

Monthly Estimate*

^$ 16,470

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $2,675,000. This home was built in 2021.

Welcome to an extraordinary investment prospect located near the Phoenix Country Club and Biltmore area. Built in 2021, this modern 4-unit townhome property offers 4 beds, 3.5 baths, and spans 2200 sq ft, providing spacious living accommodations. Nestled in a prime location, this property is designed to cater to tenants who appreciate both convenience and luxury. Each townhome showcases a stylish design, enhanced by high-end finishes and amenities, promising an upscale living experience. Furthermore, the rooftop patios offer breathtaking views of the city and mountains, adding to the allure. With all units currently occupied, this property assures a prompt and consistent income stream for the discerning investor.

Multi-Family Active

Price

^$ 2,675,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 18,359

Style

Multiple Dwellings

Year Built

2021

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6965389

Features

General

Sewer Sewer-In & Connected Public Sewer

Heating Natural Gas

Cooling Electric

Roof Rolled/Hot Mop

Zoning [R-4];[R1-6]

Construction Materials Stucco Block

Year Built 2021

Electric APS Individual Meter

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 166560.0

Community Features No Pool

County Maricopa

Net Operating Income 170749.0

Operating Expense 21715.88

Insurance Expense 3356.88

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N Y

Status Active

High School North High School

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Elementary School Longview Elementary School

Tax Annual Amount 18359.0

Middle/Junior High School Osborn Middle School

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 KK

Cap Rate 6.38

Senior Community N

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved Add'l Parking Avail

Water Source City Franchise

Total Parking 6.0

Number of Buildings 4

Spa N

Lot Dimensions 161.21x78.86

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3616

* Excluded Features

List By

Rma-Mountain Properties

Broker

chad@theschreinerteam.com

Affordability Calculator

$18,000

Per Month

Monthly Principal & Interest: $16,470
Monthly Property Taxes: $1,530
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,256,628

Percent of Sale Price 53%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4328222 Elementary School

4327120 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/8/2026	$2,675,000		Listed Price

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3616 N 12TH Street, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $2,675,000. 3616 N 12TH Street is a studio with 0.0 baths and was built in 2021. The property's zip code is 85014 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/11/2026.

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3616 N 12TH Street

Multi-Family Home for sale in Phoenix, AZ

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