For Sale Multi-Family MLS# 7045461

9648 N 12TH Avenue

Phoenix, AZ 85021

$999,000

About 9648 N 12TH Avenue

Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1987
Original price
$999,000
MLS #
7045461

Interior

Features
Electric, Tile, Laminate, Vinyl
Flooring
Tile, Laminate, Vinyl
Heating
Electric
Cooling
Electric

Exterior & lot

Features
Paved, Free, >1 Space Per Unit, Parking spaces: 10
Construction
Wood Frame, Painted, Stucco, Block, Slump Block, Foam, Rolled/Hot Mop
Roof
Foam, Rolled/Hot Mop
Lot
R-4, 15833120
Parking
Paved, Free, >1 Space Per Unit

Schools

District
Glendale Union High School District
High
Sunnyslope High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$11,361
Tax year
2025
Parcel
15833120

Location

Subdivision
FOOTHILL LOTS
County
Maricopa
Neighborhood
Foothill Acres
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Glendale Union High School District

Location

Neighborhood
Foothill Acres
Subdivision
FOOTHILL LOTS
School district
Glendale Union High School District

Ask about this property

Questions on 9648 N 12TH Avenue, Phoenix, AZ 85021, or want to see it in person?

Listed by Zachary Coty, Compass

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.