9124 N 12TH Street, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85020
This Dual-Living Residential Asset is a High-Potential Investment Opportunity, listed at $300,000—positioned well below the $304,058 Fair Market Value by 1%. This valuation gap offers $4,058 in Instant Equity. Featuring a Condition Rating of 3, the property includes recent mechanical upgrades and a detached casita for income generation. Located near the Phoenix Mountain Preserve with Mountain Views, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9124 N 12TH Street Subject | $300,000* List Price | 3 | 2 | 1,277 | $238 | - |
A 15 E CAROL Avenue Sold | $295,000 List Price | 5 | 2 | 1,282 | 0.9 mi | |
B 1334 E GOLDEN Lane Sold | $229,500 List Price | 3 | 2 | 1,320 | 0.3 mi | |
C 1334 E GOLDEN Lane Sold | $279,900 List Price | 3 | 2 | 1,320 | 0.3 mi | |
D 8329 N 5TH Street Sold | $234,900 List Price | 3 | 2 | 1,152 | 0.9 mi | |
E 915 E ORCHID Lane Sold | $290,000 List Price | 3 | 2 | 1,092 | 0.6 mi | |
F 1432 E PURDUE Avenue Sold | $310,000 | 3 | 1 | 1,389 | $223 | 0.5 mi |
G 823 E IRONWOOD Drive Pending | $305,000 List Price | 3 | 2 | 1,243 | $245 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1949, the property is well-maintained with major system updates that exceed its age profile. Key improvements include very recent HVAC systems (1.5 and 3 years old), new water heaters (3 and 6 years old), and a modern PEX main water line. With a 15-year-old roof and hard flooring throughout, the home is functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8167, living area = 1277.
The property features a main residence and a detached casita with separate entrances, private yards, and split electricity, making it an ideal setup for rental income or multi-generational living.
Significant capital improvements have been made, including newer HVAC systems (1.5 and 3 years old), updated water heaters, and a new PEX main water line, reducing immediate maintenance concerns for a buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1277, other record living area = 785.
With the main house at 785 square feet and the casita at 492 square feet, the individual units offer limited interior space which may not accommodate larger households.
The roof is approximately 15 years old, which, while functional, is approaching the later stages of its typical lifespan and may require replacement sooner than the other updated systems.
Opportunity to own two homes under one roof. This unique property features a main residence and a detached casita, offering flexibility for owner-occupants, investors, or multi-generational living. Live in the main home while generating income from the second dwelling, or utilize the space as a private office, gym, or guest suite. The property includes durable concrete block construction with hard flooring throughout, separate entrances, and private yard spaces for each unit. Split electricity between Unit A and B allows for independent utility setup, and both dwellings include washer and dryer hookups. Recent updates include a roof replaced approximately 15 years ago, HVAC systems with the main house at 3 years old and the casita at 1.5 years old, and water heaters at 3 years old for the main house and 6 years old for the second dwelling. A new PEX main water line services both units, and the fence was replaced approximately 5 years ago. Located in the established Sunnyslope area of Phoenix, the property offers quick access to SR-51 for easy commuting to downtown Phoenix and surrounding areas. Close proximity to Phoenix Mountain Preserve provides convenient access to hiking, outdoor recreation, and scenic views, and the home is near Sunnyslope High School and local amenities. Main home is 2 bedrooms and 1 bathroom (785 square feet) and the detached casita is 1 bedroom and 1 bathroom (492 square feet), totaling 1,277 square feet. Property also includes a 2-car carport and approximately 100 square feet of storage. Built in 1949.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,277 | - |
| Lot Size | 8,167 | - |
| Price | $300.0K | $495.4K |
| Price per sq ft | $235 | $290 |
| Built year | 1949 | 0 |
| HOA | $0 | $0 |
| Days on market | 85 | 1260 |
Apr 28, 2026
$300,000
Initial Listing