4020 N 12th Street, Phoenix, AZ 85014

$4,495,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,495,000
Days on Market
6
Status
ACTIVE
MLS#
7057128
City
Phoenix
Subdivision
Moli Gardens
Year Built
2021

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.

Additional Information

Elementary School
Longview Elementary School
High School
North High School
Middle School
Osborn Middle School
Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Central Air, Electric, Varies by Unit, Ceiling Fan(s)
Electric
APS, Individual Meter
Exterior Features
Sidewalk(s)
Heating
Electric, Varies by Unit
New Financing
Cash, Conventional, 1031 Exchange
Parking Features
Paved, >1 Space Per Unit
Roofing
Built-Up
Subdivision
Moli Gardens
Taxes
$3,117
Tax Year
2025
Tenant Pays
Water, Sewer, Electricity, Cable TV
Units
7
Water
Individual Meter
Zoning
R-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 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.