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Courtesy of Howe Realty, Sarah Triana Listing Contact: 623-826-0980 
8 Beds
0 Baths

$954,999

3422 N 12TH Place, Phoenix AZ, 85014

Built in1983
Property typeMulti-family

Overview

Active

Listed Apr 29, 2026

Updated 6h ago

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. fully remoldeled unit for rent at $1,500.00

$6,354/mo

Est. mortgage payment based on a $954,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7020709

Interior Features

Bedrooms
8
Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,188
Tax Frequency
Annually

Courtesy of Howe Realty, Sarah Triana

Listing Contact: 623-826-0980 

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Data Last Updated: 4:38 AM UTC, 10/8/2026.

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