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About the Listing hwre001 - st562,bh230
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.
Listing Highlights
Status
Active
Days on Site
41
Property Type
Multi-Family
MLS ®
7020709
Year Built
1983
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
Neighborhood
Stephenson Subdivision
School District
Osborn Elementary District
Elementary School
Longview Elementary School
Middle School
Osborn Middle School
High School
North High School
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Electric,Individual
- Heating: Individual,Central,Electric
- Fireplaces:
- Floor: Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Master Meter,City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Built-Up
- Others:
- Sewer: Sewer-In & Connected,Public Sewer
- Parking Features: Paved,Carport
Financial Details
- Tax Amount: $3,188
- Taxes w/Assessments: N/A
- Tax/Property ID: 118-08-137
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
3422 N 12th Pl Phoenix, AZ 85014
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