4020 N 12th Street, Phoenix, AZ 85014
- $4,495,000
- List Price
- $4,495,000
- Status
- ACTIVE
- Days on Market
- 28
- MLS#
- 7057128
- Subtype
- Multiple Dwellings
- Year Built
- 2021
- Subdivision
- Moli Gardens
Property 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.
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Additional Information
- Exterior Features
- Sidewalk(s)
- Taxes
- $3,117
- Zoning
- R-4
- Heating
- Electric, Varies by Unit
- Air Conditioning
- Central Air, Electric, Varies by Unit, Ceiling Fan(s)
- Exterior Construction
- Wood Frame, Stucco
- Parking Features
- Paved, >1 Space Per Unit
- Elementary School
- Longview Elementary School
- Middle School
- Osborn Middle School
- High School
- North High School
Mortgage Calculator
Listing courtesy of Listing Agent: Miki Nakajima (928-777-3225) from Listing Office: HANABEE.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.