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$999,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 days ago
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Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

Full Property Details for 9648 N 12th Ave

General

  • Price: $999,000
  • Taxes: $11,361 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7045461
  • Updated: 6/23/2026
  • Added to Site: 6 day(s) ago

Interior

  • Appliances: Refrigerator, Built-In Electric Oven
  • Flooring: Tile, Laminate, Vinyl

Parking

  • Parking Features: Paved, Free, >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 3N
  • Subdivision: FOOTHILL LOTS
  • Cross Streets: 12th Avenue & Mountain View Rd

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Painted, Stucco, Block, Slump Block
  • Roof: Foam, Rolled/Hot Mop
  • Year Built: 1987

Unit Information

  • Vacancy %: .03

Lot Features

  • Lot Dimensions: 10483
  • Frontage: Asphalt
  • Zoning: R-4

Financial Considerations

  • Tax Amount: $11,361
  • Tax Year: 2025
  • Terms: No Carry, Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: LOT 13 FOOTHILL LOTS MCR 003839
  • Property ID: 158-33-120
  • Range: 3E
  • Section: 30
  • Lot Number: 13

Listed by Compass

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— 9648 N 12th Ave —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 9648 N 12th Ave

School Districts:Washington Elementary District, Glendale Union High School District
NameGradesDistance
Mountain View Elementary School, Phoenix, AZ
801 West Peoria Avenue, Phoenix, AZ 85029
K-80.5 mi
Sunnyslope High School
35 West Dunlap Avenue, Phoenix, AZ 85021
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 9648 N 12th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/23/2026
Listed
$999,000
63.77%
MLS
10/19/2020
Sold
$610,000
—
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 9648 N 12th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,219
—
$9,591
-87%
2025
$1,219
6%
$74,664
6%
2023
$1,152
3%
$70,684
37%
2022
$1,114
—
$51,560
43%
2022
$1,114
-1%
$36,100
21%
2021
$1,128
4%
$29,940
40%
2019
$1,080
-2%
$21,440
-19%
2020
$1,100
5%
$26,530
47%
2018
$1,052
—
$18,000
18%
2017
$1,047
2%
$15,200
6%
2016
$1,028
8%
$14,380
21%
2015
$952
-12%
$11,880
36%
2014
$1,076
44%
$8,720
91%
2013
$746
—
$4,570
—
View All
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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9648 N 12th Avenue, Phoenix, AZ 85021 (MLS# 7045461) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 9648 N 12th Avenue is currently listed for $999,000 and was received on June 23, 2026. Want to learn more about 9648 N 12th Avenue? 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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