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!
Property Details
Property Features
Property Information:
Year Built: 1983
Listing Office:
Office Name: Howe Realty
Office Phone: (602) 909-6513
Listing Agent: Brandon Howe, Sarah Triana
Interior Features
Interior Information:
Flooring Type: Ceramic Tile
Exterior Features
Parking Information:
Parking: Paved Parking, Common
Utilities
Utilities Information:
Heating: Other, Central, Electric
Cooling: Central Air, Other, Electric
Other
Directions Information:
Directions: 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.
Price Information
Listing Price Info
Price Summary:
List Price: $1,180,000
Tax Information:
Annual Amount: $3,009
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Longview Elementary School
1209 E Indian School Rd
Distance between this listing and this school0.33 miles
Public District Grades PK-6
6
/10
Arizona Autism Charter School
4125 N 14th St
Distance between this listing and this school0.59 miles
Public Charter Grades KG-6
7
/10
Basis Phoenix Central Primary School
201 E Indianola Ave
Distance between this listing and this school0.94 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Phoenix Advantage Charter School
3738 N 16th St
Distance between this listing and this school0.46 miles
Public Charter Grades KG-8
7
/10
Self Development Academy-Phoenix
1515 E Indian School Rd
Distance between this listing and this school0.52 miles
Public Charter Grades KG-8
4
/10
Madison Park Middle School
1431 E Campbell Ave
Distance between this listing and this school0.95 miles
Public District Grades 5-8
Nearby Schools
3
/10
Arizona Autism Charter School Upper School Campus
4125 N 14th St
Distance between this listing and this school0.59 miles
Public Charter Grades 5-12
3
/10
North High School
1101 E Thomas Rd
Distance between this listing and this school0.69 miles
Public District Grades 9-12
10
/10
Madison Highland Preparatory
1431 E Campbell Ave
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $49,715. Most Phoenix, AZ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3422 N 12th Pl
What is the listing price of this property?
The listing price of 3422 N 12th Pl property is $1,180,000.
What type of property is this?
The property 3422 N 12th Pl is a house located in Phoenix, Arizona, 85014.
Is this property for sale now?
Active Listing: 3422 N 12th Pl is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,009 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 1, 2016 for $308,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 3422 N 12th Pl is 1983.
This home is located at 3422 N 12th Pl in Phoenix, AZ and zip code 85014 in the Encanto neighborhood. This home was built in 1983. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,180,000.
Phoenix, AZ housing market in December 2024 saw over 199 listings sold above listed price, more than 292 sold at listed price and over 721 sold below. The inventory of homes for sale in Phoenix, AZ between November 2024 and December 2024 decreased by 4.2%. In December 2024 median list price was $452,845 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.