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$1,115,000
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Property Description
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 3 units are occupied for instant income potential. 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!
Full Property Details
Full Property Details for 3422 N 12th Pl
General
- Price: $1,115,000
- Taxes: $2,976 (2023)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6761204
- Updated: 1/2/2026
- Added to Site: 472 day(s) ago
Interior
- Appliances: Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Ceramic Tile
Parking
- Parking Features: Paved, Carport
Location
- County: Maricopa
- Township: 2N
- Subdivision: STEPHENSON SUBDIVISION
- Cross Streets: Osborn Road & 7th Street
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, Individual
- Heating Type: Individual, Central, Electric
Utilities
- Water: Master Meter, City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Stucco
- Roof: Built-Up
- Year Built: 1983
Lot Features
- Lot Dimensions: 60 x 126.8
- Zoning: R-4
Financial Considerations
- Tax Amount: $2,976
- Tax Year: 2023
- Terms: Conventional, FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: STEPHENSON SUB LOT 1 EX W 141.8F TH/OF & EX E 30F TH/OF
- Property ID: 118-08-137
- Range: 3E
- Section: 28
- Lot Number: 1
Listed by Howe Realty
Get Pre-Approved Today
Schools
Schools serving 3422 N 12th Pl
School Districts:Osborn Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Longview Elementary School 1209 East Indian School Road, Phoenix, AZ 85014 | PK-6 | 0.4 mi |
Osborn Middle School 1102 West Highland Avenue, Phoenix, AZ 85013 | 7-8 | 2.3 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3422 N 12th Pl
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$1,115,000
-0.89%
MLS
11/26/2025
Price Reduced
$1,125,000
-0.88%
MLS
10/14/2025
Price Reduced
$1,135,000
-0.44%
MLS
6/02/2025
Price Reduced
$1,140,000
-0.87%
MLS
2/14/2025
Price Reduced
$1,150,000
-1.71%
MLS
1/27/2025
Price Reduced
$1,170,000
-0.85%
MLS
11/08/2024
Price Reduced
$1,180,000
-1.67%
MLS
10/01/2024
Listed
$1,200,000
289.61%
MLS
3/01/2016
Sold
$308,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3422 N 12th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,188
4%
$88,660
3%
2024
$3,080
4%
$86,280
-17%
2022
$2,959
—
$103,930
39%
2022
$2,959
—
$74,770
30%
2022
$2,959
-2%
$57,350
21%
2021
$3,009
3%
$47,420
18%
2020
$2,933
5%
$40,160
11%
2019
$2,806
3%
$36,160
14%
2018
$2,713
9%
$31,680
-25%
2017
$2,491
4%
$42,110
14%
2016
$2,403
8%
$36,960
18%
2015
$2,234
-9%
$31,370
27%
2014
$2,447
55%
$24,650
126%
2013
$1,581
—
$10,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3422 N 12th Pl
3422 N 12th Place, Phoenix, AZ 85014 (MLS# 6761204) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3422 N 12th Place is currently listed for $1,115,000 and was received on October 01, 2024. Want to learn more about 3422 N 12th Place? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

