9511 N 12TH Street, Phoenix, AZ 85020 (MLS# 7083496)

9511 N 12TH Street, Phoenix, AZ 85020

$600,000

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 5 Status: Active

Current Price: $600,000 Last Modified: 9/22/2026

Overview

Description

9511 - 9517 N 12th Street is a rare opportunity for an operator to step into a true value-add asset with the financing flexibility, resale optionality, and scale that are hard to find in this price point. The in-place rents sit well below what the submarket is currently achieving, which leaves a clear runway for an incoming owner to renovate, reposition, and capture the spread without needing to bet on the market to do the work for them. The land and improvements are made up of four separate buildings and a duplex and triplex on separate lots arranged to give tenants a warm, secluded feel while still holding strong visibility off 12th St. That layout is a real operational advantage. It creates a courtyard-style environment that tenants stay in longer.

Listing Details MLS# 7083496

Location, Tax & Legal

House Number: 9511
Compass: N
Street Name: 12TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2607
Country: US
County Code: Maricopa
Subdivision: WILLIS HOMES
Assessor Number: 159-31-035
Tax Year: 2025
Assessor's Map #: 31
Legal Description (Abbrev): LOT 2 WILLIS HOMES MCR 003612
Assessor's Parcel #: 35
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 104702
Taxes: 829
Legal: LOT 2 WILLIS HOMES MCR 003612
Marketing Name: 5 on 12th

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 12647
Year Built: 1954
Uncvrd Parking Spcs: 7
Total # of Units: 5
# of Buildings: 4
Zoning: R-3
High School District: Glendale Union High School District

Remarks Misc

Cross Street: 12th St & Vogel

Legal Info

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

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 900
Avg SqFt: 500
# Baths: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1000
Avg SqFt: 675
# Baths: Yes

Structure

Bedrooms Total: 8
Bathrooms Total: 5

Income Expenses

Gross Annual Sch Inc: 77100
Net Operating Income: 50000

Showing Notification Methods

Showing Service: Aligned Showings

Project Type

Duplex: Yes
Tri-Plex: Yes
5 - 12 Units: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Other Type

House + Rental Units: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Tile: Yes
Concrete: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 829
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 73245

Pmt & Rate Info

Cap Rate: 8.33
Equity: 600000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Combo: Yes
None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes
Window/Wall Unit(s): Yes
2 or More Units: Yes

Cooling

Window/Wall Unit: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Built-In Electric Oven: Yes
Built-In Gas Oven: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
W/D Hookup: Yes

Road Access Type

Alley: Yes
City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

>1 Space Per Unit: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Electric: Yes
Gas: Yes

New Financing

Cash: Yes
Conventional: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: Duplex; Tri-Plex; 5 - 12 Units Other Type: House + Rental Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Laminate; Tile; Concrete; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Built-In Electric Oven; Built-In Gas Oven; Built-In Range; Refrigerator; Microwave; W/D Hookup Heating: Window/Wall Unit(s); 2 or More Units Cooling: Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Electric; Gas Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Lockbox Type: Combo; None New Financing: Cash; Conventional Environmental: None

Documents

Unbranded Flyer ›

Listing Office: Orion Investment Real Estate

Last Updated: September - 22 - 2026