4020 N 12TH Street, Phoenix, AZ 85014 - MLS #7057128

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Description

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.

Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Built-Up
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Cable TV Available; Sidewalk(s); Patio/Balcony; Guard Gate
Interior Features: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual
Cooling: Ceiling Fan(s); Electric; Individual; Central Air
Water Source: Individual Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: Garage; >1 Space Per Unit; Add'l Parking Avail; Paved
Road Surface Type: Asphalt
Owner Pays: Trash Collection; Landscaping; Other; See Remarks
Tenant Pays: Water; Sewer; Electricity; Cable TV
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Cash; Cash to Loan; Conventional; 1031 Exchange
Environmental: None
Contract Info
Current Price: $4,495,000
List Price: $4,495,000
Status: Active
List Date: 2026-07-21
Ownership: Fee Simple
Location Tax Legal
House Number: 4020
Compass: N
Street Name: 12TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 5342
Country: US
County Code: Maricopa
Subdivision: MOLI GARDENS
Assessor Number: 118-03-059
Tax Year: 2025
General Property Description
Lot Size Dimensions: 82.17'' x 150.28'
Year Built: 2021
Uncvrd Parking Spcs: 7
Total # of Units: 7
# of Buildings: 1
Zoning: R-4
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: Indian School Rd & N 12th St
Directions: located south of Indian School Rd on 12th St across from Longview Elementary School
Geo Lat: 33.493698
Geo Lon: -112.056553
Legal Info
Township: 2N
Range: 3E
Section: 28
Lot Number: 1
3 Bedrooms Units
# 3 Bedroom Units: 7
Avg Rent: 2695
Avg SqFt: 1779
# Baths: 3
Income Expenses
Gross Annual Sch Inc: 249180
Net Operating Income: 163700
Showing Notification Methods
Showing Service: No Showing Service Used