4020 N 12TH Street, Phoenix, AZ 85014, Phoenix, 85014 - 0 bed, 0 bath
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Phoenix, AZ 85014
Analysis of 4020 N 12TH Street, Phoenix, AZ 85014 is currently available with a list price of $4,495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2021, this property is well under the 10-year threshold for excellent condition. The images confirm mint condition with high-end modern finishes, including waterfall quartz countertops, contemporary cabinetry, and stainless steel appliances. As a recent build, all major systems (HVAC, Electric) are nearly new and require no maintenance.
Situated in the highly desirable Encanto Village, the property offers exceptional proximity to major employers, five hospitals, and key transit corridors like the I-10 and SR-51.
Built in 2021, these townhomes feature high-end finishes, spacious 1,779 SF layouts, and private courtyards, offering 'for-sale' quality that attracts premium tenants and reduces immediate CAPEX.
Each unit is individually parceled, providing the investor the unique ability to hold the portfolio for rental income or sell units individually at retail prices to maximize returns.
In-place rents are currently below market value, requiring the new owner to manage lease turnovers or rent increases to achieve the projected upside and optimal yield.
With a list price of approximately $642,000 per unit, the entry point is significantly higher than older multi-family assets in the area, which may impact initial cash-on-cash returns.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,776 | - |
| Lot Size | - | - |
| Price | $4.50M | $228.9K |
| Price per sq ft | $2.5K | $256 |
| Built year | 2021 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 4774 |
Jul 21, 2026
$4,495,000
Initial Listing