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Seven-Unit Townhome Portfolio
For Sale
$4,495,000

4020 N 12TH Street, Phoenix, AZ 85014

Built in 2021, the portfolio features seven two-level townhomes with private courtyards and multiple interior flex areas.

Days on Market8

Property Features for 4020 N 12TH Street

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 7

Amenities

private courtyards
high-end finishes
flex areas

Building Details

Year Built 2021
Stories 2
Tenancy Multi
Listing Agency: HANABEE
Listed By: Miki Nakajima · License #BR660792000
Source: Exitrealty
Added: Jul 23 Changed: Jul 25 Last Checked: Jul 30 at 6:25AM

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 HANABEE

Investment Insights

Based on property information with market context.

This for-sale portfolio consists of seven built-in-2021 townhomes, each configured with three bedrooms and 2.5 baths across two levels. Each townhome includes a private courtyard and two flex areas intended for work or play. The property is currently operated as rentals.

The townhome community is located in Encanto Village in Midtown Phoenix, with access to major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, plus five major hospitals within 10 minutes. Sky Harbor is described as approximately 20 minutes away.

Each home is individually parceled, supporting a portfolio hold strategy for income or the ability to later sell units individually.

Key Highlights

  • Seven‑unit townhome portfolio in Encanto Village, Midtown Phoenix
  • Built in 2021: each 1,779 SF two‑level townhome offers 3 bedrooms and 2.5 baths
  • Each unit includes a private courtyard plus interior flex areas for work/play

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Food Market HVAC Service Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

7
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,345
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?
Apartment building - Built in 2021, the portfolio features seven two-level townhomes with private courtyards and multiple interior flex areas.
Where is this apartment building located?
The property is located at 4020 N 12TH Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,495,000.
What are key features of this property?
This property features: Seven‑unit townhome portfolio in Encanto Village, Midtown Phoenix; Built in 2021: each 1,779 SF two‑level townhome offers 3 bedrooms and 2.5 baths; Each unit includes a private courtyard plus interior flex areas for work/play
More about this property
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