Huge opportunity to own a 4-plex investment property in a prime location! This is an incredible opportunity for future wealth creation, with rapid growth and development in the area - right near the Biltmore! Each of the four units in this well-maintained building offers 2 bed/ 2 baths, providing affordable living space across 974 sf per unit. All units come with appliances, making it move-in ready for tenants—no need for any added expenses. Best of all, there are no HOA fees—a major bonus that keeps your operating costs lower. Currently, all units are occupied, offering immediate rental income. One unit requires a little TLC, giving you the potential to increase its rental value. Great proximity to downtown Phoenix, shopping, dining, and public transport. Whether you're looking to expand your portfolio or dive into your first multi-family investment, this might be a fantastic opportunity. Don't miss out!
For sale
Price cut: $10K (6/2)
$1,140,000
3422 N 12th Pl, Phoenix, AZ 85014
8beds
8baths
3,896sqft
Est.:
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$293/sqft
$-- HOA
What's special
Comfortable living space
- 311 days
- on Zillow |
- 229 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 11:05am
Listed by:
Brandon Howe 602-909-6513,
Howe Realty,
Sarah Triana 623-826-0980,
Howe Realty
Source: ARMLS,MLS#: 6761204

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Individual, Central, Electric
Cooling
- Central Air, Electric, Individual
Appliances
- Included: Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 3,896
- Total interior livable area: 3,896 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved, Carport
- Has carport: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Lot
- Size: 7,608 Square Feet
- Dimensions: 60 x 126.8
Details
- Parcel number: 11808137
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Stucco
- Roof: Built-Up
Condition
- Year built: 1983
Utilities & green energy
- Electric: APS, Underground, Individual Meter
- Sewer: Sewer-In & Connected, Public Sewer
- Water: Master Meter, City Franchise
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Other, No Pool
- Subdivision: STEPHENSON SUBDIVISION
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $1,039,300
- Annual tax amount: $2,976
- Date on market: 10/1/2024
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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