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4020 North 12th Street

Phoenix AZ 85014

21
Multi-Family
Currently for sale - view listing

Overview

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.

Features

21 carspaces
7 open car spaces
1 garage space
Multi-Family

Happy sellers in Phoenix

88%
88% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 23 multi families similar to 4020 North 12th Street, have been sold.

This represents a 130% decrease in multi families sales when compared to the previous 12 months.

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