Search
Quadplex with Partially Renovated Units
For Sale
$974,999

3422 N 12TH Place, Phoenix, AZ 85014

MULTI_FAMILY - Phoenix, AZ

Days on Market94

Property Features for 3422 N 12TH Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 8
Full bathrooms 8
Rooms Bedroom 8, Bathroom 3, Bathroom 6, Bedroom 3, Bathroom 8, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 7, Bathroom 4, Bathroom 5, Bedroom 4, Bedroom 2, Bathroom 7, Bedroom 1
Parking features Carport
Appliances Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Subdivision STEPHENSON SUBDIVISION
Elementary school Longview Elementary School
Middle school Osborn Middle School
High school North High School
Elementary school district Osborn Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
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.
Standard status Active
APN 118-08-137

Taxes and HOA fees

Tax Year 2025
Tax Description STEPHENSON SUB LOT 1 EX W 141.8F TH/OF & EX E 30F TH/OF
Tax Annual Amount 3188
Legal Description STEPHENSON SUB LOT 1 EX W 141.8F TH/OF & EX E 30F TH/OF

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 1983
Number of units 4
Flooring type Tile - Ceramic
Building materials Wood Frame, Stucco
Roof type Built-Up
Listing Agency: Howe Realty
Listed By: Sarah Triana
Added: Apr 29 Changed: Jul 31 Last Checked: Jul 31 at 7:06PM
MLS# 7020709

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex at 3422 N 12TH Place is built for residential income, with four units configured as 2-bedroom, 2-bath layouts. Each unit is 974 SF. One unit has been recently remodeled, and another is currently undergoing renovations. Two units are leased, while two are vacant during the remodel process.

The property was built in 1983 and features wood frame construction with stucco exterior and a built-up roof. Interior finishes include ceramic tile flooring. Heating is central electric, with central air electric cooling. Units include appliances such as a built-in range, dishwasher, refrigerator, microwave, and washer/dryer with W/D hookup. Parking is provided by carports, and sewer service is public sewer.

Located in central Phoenix near the Downtown, Midtown, and Encanto Corridors, the property is described as having convenient freeway access within an established neighborhood with a mix of resident and investment properties.

Key Highlights

  • Four units in a quadplex, each configured as 2 beds and 2 baths, 974 SF per unit
  • One unit recently remodeled; another unit currently undergoing renovations; two units leased and two vacant
  • R‑4 zoning

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist Butcher Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,360
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - R-4 zoned quadplex with four 2-bed, 2-bath units, one remodeled and one under renovation.
Where is this quadplex located?
The property is located at 3422 N 12TH Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $974,999.
What are key features of this property?
This property features: Four units in a quadplex, each configured as 2 beds and 2 baths, 974 SF per unit; One unit recently remodeled; another unit currently undergoing renovations; two units leased and two vacant; R‑4 zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message