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Four-Unit Quadplex with Appliances
For Sale
$964,999

3422 North 12th Place, Phoenix, AZ 85014

R-4 multifamily property with central electric air conditioning, ceramic tile, and three occupied residences.

Property SizeContact for details
Days on Market174

Property Features for 3422 North 12th Place

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R-4
Occupancy 75%

Units

Unit Mix 4 x 2BR/2BA (974 sf)
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,188

Amenities

appliances
Central Air, Electric, Individual
Individual, Central, Electric
Ceramic Tile
Yes
8
Built-Up
Other, No Pool
1
4
Wood Frame, Stucco

Building Details

Year Built 1983
Buildings 1
Listing Agency: Howe Realty
Listed By: Brandon Howe · License #BR532588000
Source: Compass
Added: Mar 13 Changed: Aug 31 Last Checked: Sep 1 at 11:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howe Realty

Investment Insights

Based on property information with market context.

Built in 1983, this R-4 quadplex contains four residences, each configured with two bedrooms, two bathrooms, and 974 square feet. Appliances are included in every unit, while central electric air conditioning and ceramic tile contribute to the property’s residential setup. The building uses wood-frame and stucco construction with a built-up roof.

Three of the four units are occupied. The property is positioned near the Biltmore area and offers access to downtown Phoenix, shopping, dining, and public transportation. There are no HOA fees associated with the property.

Key Highlights

  • Four units, each with 2 bedrooms, 2 bathrooms, and 974 square feet
  • Three of four units are occupied
  • Appliances included in every residence

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

4
Residential units
75%
Occupancy

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
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Frequently Asked Questions

What type of property is this?
Quadplex - R-4 multifamily property with central electric air conditioning, ceramic tile, and three occupied residences.
Where is this quadplex located?
The property is located at 3422 North 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 units, each with 2 bedrooms, 2 bathrooms, and 974 square feet; Three of four units are occupied; Appliances included in every residence
More about this property
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