$964,999
Original price: $974,999
- 8 Beds
- 8 Baths
- 3,896 sqft
3422 N 12TH Place, Phoenix, AZ 85014
Est. Mortgage $5,562/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1983
$248/sqft
2 Open Spaces
Local Information
-- mins to
About this House
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.
Last check for updates: about 18 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.
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: 120Days on Market: 146 |
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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: $964,999Price Per Sqft: $248 |
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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 |
Around this home
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
69 % 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.
Market trends in Encanto
Last updated August 2026
Avg. sale price
$466K
$12.13KMoM
Sale-to-List Price
98.2%
0.3%MoM
Price per sq ft
$325
$1MoM
Available listings
275
9MoM
Home Value
Trulia Estimate
$940KSince last month
Increased$23K (+2.5%)Since last year
Decreased$125K (-11.8%)Since last sale
Increased$632K (+205.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $940K |
| August 2026 | $917K |
| July 2026 | $929K |
| June 2026 | $943K |
| May 2026 | $954K |
| April 2026 | $1.09M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $2,399,000 | 06/26/26 | 16 | 12 | 8,800 | |
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 | |
0.42 | Multi-Family Home | $460,000 | 07/08/26 | 2 | 2 | 1,388 | |
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 | |
1.04 | Multi-Family Home | $945,000 | 08/13/26 | 5 | 3 | 2,700 | |
0.87 | Multi-Family Home | $480,000 | 08/05/26 | 4 | 2 | 1,322 | |
0.73 | Multi-Family Home | $1,850,000 | 02/20/26 | 16 | 16 | 7,104 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $469,000 | 2 | 1 | 1,360 | For Sale | |
0.05 | $949,000 | 5 | 4 | 2,460 | For Sale | |
0.06 | $307,900 | 3 | 1.5 | 1,196 | Recently Sold | |
0.05 | $299,800 | 2 | 2 | 1,063 | Off Market | |
0.06 | $263,500 | 2 | 1.5 | 1,063 | Recently Sold | |
0.06 | $331,500 | 2 | 2 | 924 | Off Market | |
0.06 | $305,000 | 2 | 2 | 924 | Recently Sold | |
0.08 | $435,000 | 2 | 2.5 | 1,394 | Recently Sold | |
0.08 | $431,100 | 2 | 3 | 1,393 | Off Market | |
0.08 | - | - | - | - | Off Market | |
0.15 | $324,000 | 2 | 2.5 | 1,096 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 27, 2026 Source: ARMLS #7020709 | PriceChange | $964,999 Price decreased by 1% |
Jul 31, 2026 Source: ARMLS #7020709 | PriceChange | $974,999 Price decreased by 1% |
Jul 22, 2026 Source: ARMLS #7020709 | PriceChange | $979,999 Price decreased by 2% |
Jun 15, 2026 Source: ARMLS #7020709 | PriceChange | $994,999 Price decreased by 1% |
May 4, 2026 Source: ARMLS #7020709 | PriceChange | $999,999 Price decreased by 9% |
Apr 29, 2026 Source: ARMLS #7020709 | Listed For Sale | $1,099,000 |
Mar 2, 2026 Source: ARMLS #6761204 | ListingRemoved | $1,065,000 |
Feb 6, 2026 Source: ARMLS #6761204 | PriceChange | $1,065,000 Price decreased by 4% |
Jan 2, 2026 Source: ARMLS #6761204 | PriceChange | $1,115,000 Price decreased by 1% |
Nov 26, 2025 Source: ARMLS #6761204 | PriceChange | $1,125,000 Price decreased by 1% |
Oct 14, 2025 Source: ARMLS #6761204 | PriceChange | $1,135,000 Price decreased by 0% |
Jul 31, 2025 Source: ARMLS #6761204 | PendingToActive | $1,140,000 |
Jul 28, 2025 Source: ARMLS #6761204 | Pending | $1,140,000 |
Jun 2, 2025 Source: ARMLS #6761204 | PriceChange | $1,140,000 Price decreased by 1% |
Feb 14, 2025 Source: ARMLS #6761204 | PriceChange | $1,150,000 Price decreased by 2% |
Jan 27, 2025 Source: ARMLS #6761204 | PriceChange | $1,170,000 Price decreased by 1% |
Nov 8, 2024 Source: ARMLS #6761204 | PriceChange | $1,180,000 Price decreased by 2% |
Oct 1, 2024 Source: ARMLS #6761204 | Listed For Sale | $1,200,000 |
Apr 7, 2016 Source: Agent Provided | ListingRemoved | $335,000 |
Apr 6, 2016 Source: ARMLS #5393763 | Sold | $308,000 |
Sep 28, 2010 Source: ARMLS #4394024 | Sold | $222,000 |
Jul 6, 2010 Source: Agent Provided | PriceChange | $233,700 Price decreased by 5% |
Jun 3, 2010 Source: Agent Provided | PriceChange | $246,800 Price decreased by 7% |
May 22, 2010 Source: Agent Provided | Listed For Sale | $264,700 |
Feb 16, 2010 Source: N/A | Sold | $116,800 |
Dec 9, 2008 Source: Agent Provided | ListingRemoved | $295,000 |
Aug 6, 2008 Source: Agent Provided | Listed For Sale | $295,000 |
Oct 31, 2005 Source: N/A | Sold | $415,000 |
Feb 13, 2004 Source: N/A | Sold | $295,000 |
Oct 9, 1998 Source: N/A | Sold | $183,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,188 | $862,800 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sarah Triana, Howe Realty
Agent Phone: (623) 826-0980

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Frequently asked questions about 3422 N 12TH Place
- What is the estimated monthly payment for 3422 N 12TH Place?Based on a $964,999 list price with 20% down at today's rates, the estimated monthly payment for 3422 N 12TH Place in Phoenix, AZ is approximately $5,687 (about $5,282 principal & interest, $330 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 3422 N 12TH Place compare to homes in Phoenix?3422 N 12TH Place in Phoenix, AZ is listed at $964,999, about 107% above the $466K median sale price in Phoenix.
- What do residents say about the Encanto neighborhood?Residents describe the Encanto neighborhood in Phoenix, AZ as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Encanto, Phoenix.
- What are the closest schools to 3422 N 12TH Place?The closest schools to 3422 N 12TH Place in Phoenix, AZ are Longview Elementary School (Pre-K/Middle, rated 9/10), North High School (rated 2/10), Osborn Middle School (rated 4/10).
- Does 3422 N 12TH Place have air conditioning?Yes, 3422 N 12TH Place in Phoenix, AZ has air conditioning.
- Does 3422 N 12TH Place have a pool?Yes, 3422 N 12TH Place in Phoenix, AZ has a pool.

