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Four-Unit Quadplex
For Sale
$964,999

3422 N 12TH Place, Phoenix, AZ 85014

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market140

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 Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 6, Bedroom 3, Bathroom 3, Bathroom 8, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 7, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 5
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), Varies by Unit (Heating)
Cooling system Electric, Varies by Unit, 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 · License #SA701766000
Added: Apr 29 Changed: Sep 13 Last Checked: Sep 15 at 2:06AM
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 1983 quadplex contains four residential units, each measuring 974 square feet with two bedrooms and two bathrooms. One unit has been remodeled, while a second is undergoing renovation. The remaining two units are leased below market rents, and two units are vacant during the remodeling process. No HOA fees are reported. Unit features include ceramic tile flooring, built-in and freestanding ranges, dishwashers, refrigerators, microwaves, and washer/dryer equipment or hookups. Heating and cooling systems vary by unit, with central and electric systems represented. The property also includes carport parking, a built-up roof, wood-frame and stucco construction, and public sewer service.

Located at 3422 N 12TH Place in Phoenix, the property is positioned near the Downtown, Midtown, and Encanto Corridors, with freeway access and an established neighborhood setting. The property is zoned R-4.

Key Highlights

  • Four‑unit property with 974 square feet per unit
  • Each unit includes 2 bedrooms and 2 bathrooms
  • One unit recently remodeled; another is undergoing renovations

Property Analytics

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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

4
Residential units
50%
Occupancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - R-4-zoned multifamily property with remodeled and renovation-in-progress units in central Phoenix.
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 $964,999.
What are key features of this property?
This property features: Four‑unit property with 974 square feet per unit; Each unit includes 2 bedrooms and 2 bathrooms; One unit recently remodeled; another is undergoing renovations
More about this property
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