AZ
Maricopa
Phoenix
85014
3422 N 12TH Place
3422 N 12TH Place, Phoenix, AZ 85014
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Listing Type
Multi Family
Listing Status
Active
49
$1,099,000

Home Details for 3422 N 12TH Place

Price
$1,099,000
Type
Residential Income
Year built
1983
County
Maricopa
Listing #
7020709
Listing Courtesy: Howe Realty - 602-909-6513
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.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Parking
    • Paved
    • Carport
  • Water Features
    • Public
  • Utilities
    • Sewer Connected
School Information
School Information for 3422 N 12TH Place, Phoenix, AZ 85014
Elementary School
Longview Elementary School
Middle School
Osborn Middle School
High School
North High School
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Last Updated: 2026-05-04 12:12:26
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64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
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