4-Plex with Renovation
3422 N 12TH Place Phoenix, AZ 85014
3422 N 12TH Place, Phoenix, AZ, 85014
$994,999
For Sale
$994,999
MULTI_FAMILY - Phoenix, AZ
Property Size974 SF
Price / SF$1,021
Days on Market84
Property Features for 3422 N 12TH Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-4
- Bedrooms
- 8
- Rooms
- Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 5, Bathroom 8, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 2, Bathroom 6, Bathroom 7
- Parking features
- Carport
- Appliances
- Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
- 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
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
(602) 909-6513
Listed by
Sarah Triana
(623) 826-0980
Added: Apr 29 Updated: Jul 14 at 12:52AM Checked: Jul 21 at 7:06AM
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 4-plex residential income property consists of four well-maintained units. Each unit is described as 974 square feet with two bedrooms and two bathrooms. Public remarks indicate that one unit has been recently remodeled, while another unit is currently undergoing renovations, with leasing activity aligned to the remodel process. The property is presented with no HOA fees.
The property is located in central Phoenix near the Downtown, Midtown, and Encanto Corridors. The remarks also note convenient freeway access and an established neighborhood with a mix of owner-occupied residences and investment properties.
From an investor or owner-operator standpoint, the current leasing and renovation status creates a value-add path within the existing building. Two units are currently leased below market rents, while two units are vacant during the remodel process. The listing also references projected rents of $1,450–$1,700 per month based on nearby comparables, aligning with the planned improvements. Zoning is listed as R-4.
The property is located in central Phoenix near the Downtown, Midtown, and Encanto Corridors. The remarks also note convenient freeway access and an established neighborhood with a mix of owner-occupied residences and investment properties.
From an investor or owner-operator standpoint, the current leasing and renovation status creates a value-add path within the existing building. Two units are currently leased below market rents, while two units are vacant during the remodel process. The listing also references projected rents of $1,450–$1,700 per month based on nearby comparables, aligning with the planned improvements. Zoning is listed as R-4.
Key Highlights
- 4‑plex investment property with four 2BD/2BA units, each 974 sq ft
- One unit recently remodeled; another currently undergoing renovations (two units vacant during remodel process)
- Two units currently leased below market rents
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four 2-bedroom, 2-bath units with active remodels and no HOA, positioned for income-focused ownership in 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 $994,999.
What are key features of this property?
This property features: 4‑plex investment property with four 2BD/2BA units, each 974 sq ft; One unit recently remodeled; another currently undergoing renovations (two units vacant during remodel process); Two units currently leased below market rents
