Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 7020709 – 3422 N 12th Place, Phoenix, AZ 85014

$1,099,000 - Br/Ba - for Sale in Stephenson Subdivision, Phoenix
Price: $1,099,000
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1983
Neighborhood: Stephenson Subdivision
Days on Website: 3

Courtesy of Howe Realty

Property 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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Built-In Range”
  • “Free-Standing Range”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • “W/D Hookup”
  • Building
  • Built in 1983
  • Construction materials: “Wood Frame”, “Stucco”
  • 4 total units
  • Cooling
  • “Central Air”
  • “Electric”
  • “Individual”
  • Floors
  • “Ceramic Tile”
  • Heating
  • “Individual”
  • “Central”
  • “Electric”
  • Listing
  • Listing ID: 7020709
  • Standard status: Active
  • Location
  • Subdivision name: STEPHENSON SUBDIVISION
  • Parking
  • “Paved”
  • “Carport”
  • 4 total parkings
  • Property
  • Zoning: R-4
  • Roof
  • “Built-Up”
  • Schools
  • Elementary school: Longview Elementary School
  • High school: North High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $3,188
  • Lot: 1
  • Utilities
  • “APS”
  • “Underground”
  • “Individual Meter”

Property Map

$1,099,000 – 3422 N 12th Place, Phoenix, AZ 85014

Street View

Nearby Schools

Similar Properties Nearby

This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map Schools