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$4,495,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 hours ago
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Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

Full Property Details for 4020 N 12th St

General

  • Price: $4,495,000
  • HOA FEE: $22,600
  • Taxes: $3,117 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7057128
  • Updated: 7/22/2026
  • Added to Site: Today

Interior

  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Flooring: Carpet, Vinyl

Exterior

  • Exterior Features: Sidewalk(s)

Parking

  • Parking Features: Paved, Add'l Parking Avail, >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: MOLI GARDENS
  • Cross Streets: Indian School Rd & N 12th St

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric, Individual
  • Heating Type: Individual, Electric

Utilities

  • Water: Individual Meter

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Built-Up
  • Year Built: 2021

Unit Information

  • Vacancy %: .05

Lot Features

  • Lot Dimensions: 82.17'' x 150.28'
  • Frontage: Asphalt
  • Zoning: R-4

Financial Considerations

  • Maint. Fee/Month: $22,600
  • Tax Amount: $3,117
  • Tax Year: 2025
  • Terms: CTL, Conventional, 1031 Exchange
  • Owner Pays: Other, See Remarks, Trash Collection, Landscaping

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: LOT 1 MOLI GARDENS MCR 149321
  • Property ID: 118-03-059
  • Range: 3E
  • Section: 28
  • Lot Number: 1

Listed by Hanabee

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Listing agent

— 4020 N 12th St —

  • Hanabee

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4020 N 12th St

School Districts:Osborn Elementary District, Phoenix Union High School District
NameGradesDistance
Longview Elementary School
1209 East Indian School Road, Phoenix, AZ 85014
PK-60.2 mi
Osborn Middle School
1102 West Highland Avenue, Phoenix, AZ 85013
7-82 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4020 N 12th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$4,495,000
-5.37%
MLS
2/09/2022
Sold
$4,750,000
—
Public Record
Get Price Alerts and Save Property
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 for 4020 N 12th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,117
—
$24,005
-42%
2025
$3,117
8%
$41,160
11%
2022
$2,894
—
$37,050
11%
2022
$2,894
—
$33,400
885%
2022
$2,894
540%
$3,390
-36%
2021
$452
—
$5,325
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Hanabee

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4020 N 12th Street, Phoenix, AZ 85014 (MLS# 7057128) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 4020 N 12th Street is currently listed for $4,495,000 and was received on July 22, 2026. Want to learn more about 4020 N 12th Street? Do you have questions about finding other Multi-Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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