4020 N 12TH Street Phoenix, AZ $ 4,495,000
4020 N 12TH Street
$ 4,495,000
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4020 N 12TH Street

Phoenix, AZ, 85014
$ 4,495,000
Baths0.0

Monthly Estimate*

$ 28,382

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $4,495,000. This home was built in 2021.

Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

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Multi-Family Active

Price

$ 4,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,117

Style

Multiple Dwellings

Year Built

2021

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7057128

Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Central Air Ceiling Fan(s) Electric Individual
Roof Built-Up
Zoning R-4
Construction Materials Wood Frame Stucco
Year Built 2021
Electric APS Individual Meter
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 241871.9
Community Features No Pool
County Maricopa
Net Operating Income 163700.0
Operating Expense 59401.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 22600.0
Subdivision Name MOLI GARDENS
Garage Y/N Y
Status Active
Directions located south of Indian School Rd on 12th St across from Longview Elementary School
High School North High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 7.0
Number Of Units Total 7
Carport Y/N N
Elementary School Longview Elementary School
Tax Annual Amount 3117.0
Electric Expense 1440.0
Middle/Junior High School Osborn Middle School
Trash Expense 2880.0
Water Sewer Expense 4724.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
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
Cap Rate 3.64
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Paved Add'l Parking Avail >1 Space Per Unit
Water Source Individual Meter
Total Parking 21.0
Number of Buildings 1
Spa N
Lot Dimensions 82.17'' x 150.28'
Road Surface Type Asphalt
Covered Spaces 14.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 4020
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* Excluded Features
List By
Hanabee

Broker

miki@teamhanabee.com

Email

Affordability Calculator

$28,642
Per Month
99%
1%
0%
Monthly Principal & Interest
$28,382
Monthly Property Taxes
$260
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/22/2026$4,495,000 Listed Price

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4020 N 12TH Street, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $4,495,000. 4020 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