3422 N 12th Pl

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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,...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.
  1. Listed by Sarah Triana • Brokerage DRE #LC670546000 • Howe Realty
    P: (623)-826-0980 C: (623)-826-0980 sarahtriana@howerealtygroup.com
  2. Listed by Brandon Howe • Brokerage DRE #LC670546000 • Howe Realty
    P: (602)-909-6513 C: (602)-909-6513 team@howerealtygroup.com

Property Details for 3422 North 12th Place

Subdivision Name
STEPHENSON SUBDIVISION
View YN
No
Zoning
R-4
LISTING UPDATED: 05/04/2026 11:35 AM

Property Details for 3422 North 12th Place

StatusActive
MLS #7020709
Days on Market30
Taxes$3,188 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1983
Lot Size0.17 AC / 7,608 SF
CountyMaricopa County

Location

Listing Courtesy of Howe Realty
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Building Information for 3422 North 12th Place

Stories-Residences4Year Built1983Building Size-Lot Size0.17 AC / 7,608 SF

Payment Calculator

$5,249 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,983

Property Taxes

$266

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3422 North 12th Place

Summary
Location and General Information
  • Unparsed Address: 3422 N 12TH Place, Phoenix, AZ 85014
  • City: Phoenix
  • Coordinates: -112.05558, 33.48829
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: Osborn Road & 7th Street
  • Directions: Head east on E Osborn Rd toward N 9th Pl. Turn left onto N 12th Pl. Turn left. Turn left. Destination will be on the left.
  • Latitude: 33.48829
  • Longitude: -112.05558
  • Postal City: Phoenix
  • Postal Code: 85014
  • Postal Code Plus4: 5158
  • State Or Province: AZ
  • Street Suffix: Place
  • Year Built: 1,983
Taxes and HOA
  • Tax Annual Amount: $3,188.00
  • Tax Book Number: 118.00
  • Tax Legal Description: STEPHENSON SUB LOT 1 EX W 141.8F TH/OF & EX E 30F TH/OF
  • Tax Lot: 1
  • Tax Year: 2,025
Parking
  • Covered Spaces: 2
  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Paved, Carport
  • Parking Total: 4
School Information
  • Elementary School: Longview Elementary School
  • Elementary School District: Osborn Elementary District
  • High School: North High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 60 x 126.8
Property and Assessments
  • Disclosures: Seller Prop Disc Stm
  • Documents Change Timestamp: 04-29-2026 04:51:01 PM
  • Documents Count: 4
  • Ownership: Fee Simple
  • Parcel Number: 11808137
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 28
  • Public Survey Township: 2N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS, Underground, Individual Meter
  • Electric Expense: $.00
  • Electric On Property YN: Yes
  • Sewer: Sewer-In & Connected, Public Sewer
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
  • Water Source: Master Meter, City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: Other, No Pool
  • Construction Materials: Wood Frame, Stucco
  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Roof: Built-Up
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Electric, Individual
  • Cooling YN: Yes
  • Flooring: Ceramic Tile
  • Heating: Individual, Central, Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gardner Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Net Operating Income: $.00
  • Operating Expense: $3,188.00
  • Other Expense: $.00
  • Professional Management Expense: $.00

Property History for 3422 North 12th Place

DateEvent & SourcePriceAppreciation
May 4, 2026

Price Change

ARMLS #7020709

$999,999—
Apr 29, 2026

Listed (Active)

ARMLS #7020709

$1,099,000—
Mar 2, 2026

Withdrawn

ARMLS #6761204

$1,065,000—
DateEvent & SourcePrice
05/04/2026

Price Change

ARMLS #7020709

$999,999
04/29/2026

Listed (Active)

ARMLS #7020709

$1,099,000
03/02/2026

Withdrawn

ARMLS #6761204

$1,065,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3422 North 12th Place

Taxable ValueLand-Additions-Total-
Tax Record2025$3,188 ($266 / month)
Home Facts
Total Finished SqFt3,896 SqFtAbove Grade Finished SqFt3,896 SqFtStories2Lot Size7,608 SqFtStyleQuadraplexYear Built1983ZoningR-4CountyMARICOPAAPN118-08-137Fireplace TypeHas Fireplace

Schools near 3422 North 12th Place

This home is within Osborn Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Longview Elementary School
PublicPK to 8

Osborn Middle School
Public7 to 8

North High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

3422 North 12th Place is a multi-family home for sale in Phoenix, AZ 85014. This property was listed for sale on April 29, 2026 by Howe Realty, it's currently listed at $999,999. It has been on the market for a total of 30 days and was last sold on April 6, 2016. This listing's school districts are Osborn Elementary District, Phoenix Union High School District. Nearby schools include Longview Elementary School, Osborn Middle School and North High School. 3422 North 12th Place is a 0-bed, 0-bath, multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howe Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.