3422 N 12TH Place, Phoenix, AZ 85014
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3422 N 12TH Place, Phoenix, AZ 85014
3422 N 12TH Place, Phoenix, AZ 85014
3422 N 12TH Place, Phoenix, AZ 85014
3422 N 12TH Place, Phoenix, AZ 85014
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Brenda Cooney

Brenda Cooney

+1(480) 353-0313
$ 1,099,000
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3422 N 12TH Place Phoenix, AZ 85014

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Stephenson Subdivision

MLS Listing ID 7020709

Year Built 1983

Annual Tax Amount $3,188

Tax Year 2025

Lot Dimensions 60 x 126.8

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents, while two units are vacant during the remodel process, creating immediate upside potential. Strong value-add opportunity with projected rents of $1,450-$1,700 per month based on nearby comparable properties. Centrally located property just minutes from downtown phoenix with convenient freeway access and strong rental potential. Situated in an established neighborhood with a mix of resident and investment properties.

Location

State AZ

County Maricopa

Community Stephenson Subdivision

Area Maricopa

Zoning R-4

Direction 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.

Interior

Heating Individual, Central, Electric

Cooling Central Air, Electric, Individual

Flooring Ceramic Tile

Appliance Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup

Exterior

Parking Features Paved, Carport

Community Features Other, No Pool

Roof Type Built-Up

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

Elementary Schools Longview Elementary School

Middle Schools Osborn Middle School

High Schools North High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 118-08-137

Acceptable Financing Conventional, FHA, VA Loan

Disclosures Seller Prop Disc Stm

Listing Terms Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Howe Realty • Sarah Triana
Brenda Cooney

Brenda Cooney

Agent | License ID: SA702823000

+1(480) 353-0313

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3422 N 12TH Place