For Sale Multi-Family MLS# 7057128

4020 N 12TH Street

Phoenix, AZ 85014

$4,495,000

About 4020 N 12TH Street

Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2021
Original price
$4,495,000
MLS #
7057128

Interior

Features
Central Air, Ceiling Fan(s), Electric, Individual, Individual, Electric, Carpet, Vinyl
Flooring
Carpet, Vinyl
Heating
Individual, Electric
Cooling
Central Air, Ceiling Fan(s), Electric, Individual

Exterior & lot

Features
Sidewalk(s), Paved, Add'l Parking Avail, >1 Space Per Unit, Parking spaces: 21
Construction
Wood Frame, Stucco, Built-Up
Roof
Built-Up
Lot
R-4, 11803059
Parking
Paved, Add'l Parking Avail, >1 Space Per Unit

Schools

District
Osborn Elementary District
Elementary
Longview Elementary School
Middle
Osborn Middle School
High
North High School

Utilities

Utilities
Public Sewer, Individual Meter
Water
Individual Meter
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$3,117
Tax year
2025
Parcel
11803059

Location

Subdivision
MOLI GARDENS
County
Maricopa
Neighborhood
Whitton District
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Osborn Elementary District
Directions
located south of Indian School Rd on 12th St across from Longview Elementary School

Location

Neighborhood
Whitton District
Subdivision
MOLI GARDENS
School district
Osborn Elementary District

Ask about this property

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Listed by Miki Nakajima, HANABEE

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.