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Eight-Unit Apartment Building

9648 N 12TH Avenue, Phoenix, AZ 85021

For Sale
$899,000

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market144

Property Features for 9648 N 12TH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 7, Bedroom 8, Bathroom 3, Bathroom 4, Bathroom 8, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 5, Bedroom 4, Bathroom 7, Bathroom 2, Bedroom 1, Bathroom 6
Appliances Refrigerator, Built-In Electric Oven
Subdivision FOOTHILL LOTS
High school Sunnyslope High School
Elementary school district Glendale Union High School District
Middle school district Glendale Union High School District
High school district Glendale Union High School District
Standard status Active
APN 158-33-120

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 13 FOOTHILL LOTS MCR 003839
Tax Annual Amount 11361
Legal Description LOT 13 FOOTHILL LOTS MCR 003839

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric

Building Details

Year built 1987
Number of units 8
Flooring type Laminate, Vinyl, Tile
Building materials Wood Frame, Painted, Stucco, Block, Slump Block
Roof type Foam, Rolled Hot Mop
Listing Agency: Compass
Listed By: Zachary Coty · License AZ SA697361000
Added: Jun 23 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 7045461

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.

Rey
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Investment Insights

Based on property information with market context.

This eight-unit apartment property in North Central Phoenix was built in 1987 and uses two-story wood-frame construction with a flat roof. The unit mix includes six one-bedroom, one-bathroom apartments and two studios. Improvements include mini-split HVAC systems installed throughout the units, along with interior updates. Flooring includes laminate, tile, and vinyl, while unit appliances include refrigerators and built-in electric ovens.

The property is fully occupied and located in Phoenix, Arizona. The sale also includes the parcel positioned directly in front of the apartment property. R-4 zoning and public sewer service are additional documented property characteristics.

Key Highlights

  • Eight units: six one‑bedroom/one‑bathroom apartments and two studios
  • 1987 construction with two‑story wood‑frame design and flat roof
  • New mini‑split HVAC systems installed in all units

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

838
Businesses Nearby

Demographics for 85021, AZ

40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Phoenix

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with updated mini-split HVAC systems and full occupancy in North Central Phoenix.
Where is this apartment building located?
The property is located at 9648 N 12TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Eight units: six one‑bedroom/one‑bathroom apartments and two studios; 1987 construction with two‑story wood‑frame design and flat roof; New mini‑split HVAC systems installed in all units
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