9511 N 12TH Street Phoenix, AZ $ 600,000
9511 N 12TH Street
$ 600,000
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9511 N 12TH Street

Phoenix, AZ, 85020
$ 600,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 4,144

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Multi-Family Home for sale in Phoenix, AZ

for $600,000 with 8 bedrooms. This home was built in 1954.

9511 - 9517 N 12th Street is a rare opportunity for an operator to step into a true value-add asset with the financing flexibility, resale optionality, and scale that are hard to find in this price point. The in-place rents sit well below what the submarket is currently achieving, which leaves a clear runway for an incoming owner to renovate, reposition, and capture the spread without needing to bet on the market to do the work for them. The land and improvements are made up of four separate buildings and a duplex and triplex on separate lots arranged to give tenants a warm, secluded feel while still holding strong visibility off 12th St. That layout is a real operational advantage. It creates a courtyard-style environment that tenants stay in longer.

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Multi-Family Pending

Price

$ 600,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 829

Style

Multiple Dwellings

Year Built

1954

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7083496

Features
General
Sewer Public Sewer
Heating Window/Wall Unit(s) Zoned Electric
Cooling Window/Wall Unit
Roof Composition
Zoning R-3
Construction Materials Painted Block
Year Built 1954
Electric APS
Township 3N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 73245.0
Community Features No Pool
County Maricopa
Net Operating Income 50000.0
Operating Expense 829.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name WILLIS HOMES
Garage Y/N N
Status Pending
City Phoenix
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 7.0
Number Of Units Total 5
Carport Y/N N
Tax Annual Amount 829.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Lot 2
Cap Rate 8.33
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile Laminate Carpet Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 8
Total Baths 5
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 10.0
Number of Buildings 4
Spa N
Lot Dimensions 12647
Road Surface Type Asphalt
Covered Spaces 3.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 9511
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* Excluded Features
List By
Orion Investment Real Estate

Broker

cody.leslie@orionprop.com

Email

Affordability Calculator

$4,213
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,144
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4327134 Elementary School
4327258 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$600,000 Listed Price

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9511 N 12TH Street, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $600,000. 9511 N 12TH Street has 8 bedrooms, 0.0 baths, and was built in 1954. The property's zip code is 85020 which is in Phoenix, AZ