3422 N 12TH Place
Phoenix, AZ 85014
Encanto- 8 Beds
- 8 Baths
- 3,896 sqft
8 Beds
8 Baths
3,896 sqft
Local Information
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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, 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.
Home Highlights
Parking
2 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$255
Listed
53 days ago
Home Details for 3422 N 12TH Place
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8 |
Dimensions and Layout Living Area: 3896 Square Feet |
Appliances & Utilities Utilities: Sewer ConnectedAppliances: Built-In Range, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/DryerDishwasherLaundry: W/D HookupMicrowaveRefrigerator |
Heating & Cooling Heating: Individual,Central,ElectricHas CoolingAir Conditioning: Central Air,Electric,IndividualHas HeatingHeating Fuel: Individual |
Gas & Electric Electric: APS, Underground, Individual MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile |
Levels, Entrance, & Accessibility Floors: Ceramic Tile |
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Exterior Home Features Roof: Built Up |
Parking & Garage Number of Covered Spaces: 2Open Parking Spaces: 2Has a CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Paved,Carport |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 47Days on Market: 53 |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Stucco |
Property Information Parcel Number: 11808137 |
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Price List Price: $994,999Price Per Sqft: $255 |
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MLS Status: Active |
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Direction & Address City: PhoenixCommunity: STEPHENSON SUBDIVISION |
School Information Elementary School: Longview Elementary SchoolElementary School District: Osborn Elementary DistrictJr High / Middle School: Osborn Middle SchoolHigh School: North High SchoolHigh School District: Phoenix Union High School District |
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Listing Agent Listing ID: 7020709 |
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Building Area Building Area: 3896 Square Feet |
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Community Features: Other, No Pool |
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Lot Area: 7608 sqft |
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Listing Terms: Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Trash Collection, Water, Sewer |
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Mls Number: 7020709 |
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OtherNo Pool |
Last check for updates: about 5 hours ago
Listing courtesy of Sarah Triana, (623) 826-0980
Howe Realty
Brandon Howe, (602) 909-6513
Howe Realty
Source: ARMLS, MLS#7020709

Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Market trends in Encanto
Last updated May 2026
Avg. sale price
$478K
$22.71KMoM
Sale-to-List Price
97.7%
0.1%MoM
Price per sq ft
$346
$16MoM
Available listings
313
31MoM
Price History for 3422 N 12TH Place
| Date | Price | Event | Source |
|---|---|---|---|
| 06/15/2026 | $994,999 | PriceChange | ARMLS #7020709 |
| 05/04/2026 | $999,999 | PriceChange | ARMLS #7020709 |
| 04/29/2026 | $1,099,000 | Listed For Sale | ARMLS #7020709 |
| 03/02/2026 | $1,065,000 | ListingRemoved | ARMLS #6761204 |
| 02/06/2026 | $1,065,000 | PriceChange | ARMLS #6761204 |
| 01/02/2026 | $1,115,000 | PriceChange | ARMLS #6761204 |
| 11/26/2025 | $1,125,000 | PriceChange | ARMLS #6761204 |
| 10/14/2025 | $1,135,000 | PriceChange | ARMLS #6761204 |
| 07/31/2025 | $1,140,000 | PendingToActive | ARMLS #6761204 |
| 07/28/2025 | $1,140,000 | Pending | ARMLS #6761204 |
| 06/02/2025 | $1,140,000 | PriceChange | ARMLS #6761204 |
| 02/14/2025 | $1,150,000 | PriceChange | ARMLS #6761204 |
| 01/27/2025 | $1,170,000 | PriceChange | ARMLS #6761204 |
| 11/08/2024 | $1,180,000 | PriceChange | ARMLS #6761204 |
| 10/01/2024 | $1,200,000 | Listed For Sale | ARMLS #6761204 |
| 04/07/2016 | $335,000 | ListingRemoved | Agent Provided |
| 04/06/2016 | $308,000 | Sold | ARMLS #5393763 |
| 09/28/2010 | $222,000 | Sold | ARMLS #4394024 |
| 07/06/2010 | $233,700 | PriceChange | Agent Provided |
| 06/03/2010 | $246,800 | PriceChange | Agent Provided |
| 05/22/2010 | $264,700 | Listed For Sale | Agent Provided |
| 02/16/2010 | $116,800 | Sold | N/A |
| 12/09/2008 | $295,000 | ListingRemoved | Agent Provided |
| 08/06/2008 | $295,000 | PriceChange | Agent Provided |
| 07/11/2008 | $310,000 | Listed For Sale | Agent Provided |
| 10/31/2005 | $415,000 | Sold | N/A |
| 02/13/2004 | $295,000 | Sold | N/A |
| 10/09/1998 | $183,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,188 |
| Assessment | $862,800 |
Home facts updated by county records
Comparable Sales for 3422 N 12TH Place
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.33 | Multi-Family Home | $724,000 | 07/08/25 | 5 | 5 | 2,750 | |
0.26 | Multi-Family Home | $821,509 | 07/03/25 | 5 | 2 | 2,540 | |
0.86 | Multi-Family Home | $835,000 | 05/30/26 | 6 | 5 | 3,300 | |
0.71 | Multi-Family Home | $811,275 | 10/23/25 | 6 | 3 | 2,646 | |
0.90 | Multi-Family Home | $800,000 | 12/18/25 | 6 | 4 | 3,030 | |
0.52 | Multi-Family Home | $524,000 | 03/25/26 | 5 | - | 1,700 | |
0.93 | Multi-Family Home | $915,000 | 05/08/26 | 5 | 4 | 2,650 | |
0.46 | Multi-Family Home | $700,000 | 07/01/25 | 3 | 1002 | 2,474 | |
0.73 | Multi-Family Home | $1,850,000 | 02/20/26 | 16 | 16 | 7,104 | |
1.36 | Multi-Family Home | $855,000 | 04/08/26 | 8 | 2 | 2,630 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3422 N 12TH Place.
What Locals Say about Encanto
At least 534 Trulia users voted on each feature.
88 % Say it's dog friendly
84 % Say there are sidewalks
80 % Say car is needed
79 % Say parking is easy
70 % Say yards are well-kept
68 % Say it's walkable to restaurants
68 % Say there's holiday spirit
59 % Say people would walk alone at night
58 % Say streets are well-lit
53 % Say it's quiet
51 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
48 % Say kids play outside
46 % Say neighbors are friendly
32 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sarah Triana, Howe Realty
Agent Phone: (623) 826-0980


