3616 N 12TH Street, Phoenix, AZ 85014 (MLS# 6965389)

3616 N 12TH Street, Phoenix, AZ 85014

$2,675,000

Property Type: Multiple Dwellings Status: Active

Current Price: $2,675,000 Last Modified: 3/10/2026

Overview

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 (per unit) 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.

Listing Details MLS# 6965389

Location, Tax & Legal

House Number: 3616
Compass: N
Street Name: 12TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 5219
Country: US
County Code: Maricopa
Assessor Number: 118-17-049
Tax Year: 2025
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

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 161.21x78.86
Year Built: 2021
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 4
Zoning: [R-4];[R1-6]
Flood Zone: No
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

Remarks Misc

Cross Street: 12th St & Indian School

Legal Info

Township: 2N
Range: 3E
Section: 28
Lot Number: KK

Income Expenses

Gross Annual Sch Inc: 166560
Net Operating Income: 170749

More Information

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

4 Bedrooms Units

# 4 Bedroom Units: 4
Avg Rent: 3500
Avg SqFt: 2200
# Baths: 4

Project Type

Four Plex: Yes

Construction

Block: Yes

Const - Finish

Stucco: Yes

Roofing

Rolled: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

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

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Natural Gas: Yes

Cooling

Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Fenced: Yes

Interior Features

Fire/Smoke Alarm(s): Yes
Fire Sprinklers: Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Water: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Surface Type

Concrete: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Garage: Yes
Paved: Yes
Add'l Parking Avail: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

SW Gas: Yes
Individual Meter: Yes

Owner Pays

Landscaping: Yes

New Financing

Other (See Remarks): Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

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: March - 10 - 2026