# 3422 N 12TH Place, Phoenix, AZ 85014

> **TL;DR:** 8bd/0ba residential multi family, $999,999, built 1983.
> A/C. Est. $4,333/mo. Listed 33 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,999 |
| Bedrooms | 8 |
| Year Built | 1983 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 33 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Nearby Schools

- **Elementary:** Longview Elementary School
- **Middle:** Osborn Middle School
- **High:** North High School

## Key Amenities

- A/C

## Property Highlights

- Built in 1983

## Description

### Agent 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.

## Location

- **Address:** 3422 N 12TH Place, Phoenix, AZ 85014
- **County:** Maricopa
- **Neighborhood:** STEPHENSON SUBDIVISION
- **Coordinates:** 33.48829, -112.05558
- **Google Maps:** https://www.google.com/maps?q=33.48829,-112.05558

## Listing Agent

- **Name:** Sarah Triana
- **Brokerage:** Howe Realty
- **Phone:** 6238260980
- **Email:** sarahtriana@howerealtygroup.com

## Primary Photo

![3422 N 12TH Place - Primary Photo](http://lh.rdcpix.com/598563cc2bbda830d696f9dbf9de79f2l-f506880674r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/3422-n-12th-place-phoenix-az-85014-7020709)*

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**MLS#:** 7020709 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3422-n-12th-place-phoenix-az-85014-7020709)

---

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