3616 N 12TH Street, Phoenix, AZ 85014
$2,675,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$2,675,000
Last Modified:
1/08/2026
Description
Welcome to an extraordinary investment prospect located near the Phoenix Country Club and Biltmore area. Built in 2021, this modern 4-unit townhome property offers 4 beds, 3.5 baths, and spans 2200 sq ft, providing spacious living accommodations. Nestled in a prime location, this property is designed to cater to tenants who appreciate both convenience and luxury. Each townhome showcases a stylish design, enhanced by high-end finishes and amenities, promising an upscale living experience. Furthermore, the rooftop patios offer breathtaking views of the city and mountains, adding to the allure. With all units currently occupied, this property assures a prompt and consistent income stream for the discerning investor.
More Information MLS# 6965389
Contract Info
Ownership: Fee Simple
Current Price: $2,675,000
List Price: $2,675,000
Status: Active
List Date: 2026-01-08
Location, Tax & Legal
Assessor's Map #: 17
Legal Description (Abbrev): ARB LOT KK BEG AT PT ON 1/4 SEC LI 180' N OF SE COR N2 SE4 NW4 TH S 89D 49' W 256.36' TH N 80' TH
Assessor's Parcel #: 49
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110600
Taxes: 18359
Legal: ARB LOT KK BEG AT PT ON 1/4 SEC LI 180' N OF SE COR N2 SE4 NW4 TH S 89D 49' W 256.36' TH N 80' TH
Marketing Name: N/A
House Number: 3616
Compass: N
Street Name: 12TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 5219
County Code: Maricopa
Assessor Number: 118-17-049
Tax Year: 2025
General Property Description
# of Buildings: 4
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 161.21x78.86
Flood Zone: No
Total # of Units: 4
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Longview Elementary School
Jr. High School: Osborn Middle School
High School: North High School
Year Built: 2021
Zoning: [R-4];[R1-6]
Legal Info
Range: 3E
Section: 28
Township: 2N
Lot Number: KK
Project Type
Four Plex: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Rolled: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 3356.88
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 21715.88
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 166560
Pmt & Rate Info
Cap Rate: 6.38
Equity: 2675000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Electric: 1
Exterior Amenities
Landscape Water System: 1
Fenced: 1
Interior Features
Fire/Smoke Alarm(s): 1
Fire Sprinklers: 1
Vertical Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Garage: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Landscaping: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 4
Avg Rent: 3500
Avg SqFt: 2200
# Baths: 4
Remarks Misc
Cross Street: 12th St & Indian School
Geo Lat: 33.48987
Geo Lon: -112.056704
Income Expenses
Gross Annual Sch Inc: 166560
Net Operating Income: 170749
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Stucco
Roofing: Rolled
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Fenced
Interior Features: Fire/Smoke Alarm(s); Fire Sprinklers; Vertical Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Natural Gas
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: Garage; Add'l Parking Avail; Paved
Road Surface Type: Concrete
Owner Pays: Landscaping
Tenant Pays: Water; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Other (See Remarks)
Environmental: None
Listing Office:
RMA-Mountain Properties
Last Updated: January - 08 - 2026
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