3422 N 12TH Place, Phoenix, AZ 85014, Phoenix AZ 85014
Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents,
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 54th percentile of that active group. The comparison uses 693 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $437,500, and the median is $285 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 3411 N 12th Place 2, Phoenix, AZ 85014 | Jun 11, 2026 | 3 bd · 1,196 sqft | $307,900 | 0.1 mi |
| 3551 N 12TH Street 101, Phoenix, AZ 85014 | Aug 27, 2026 | 2 bd · 924 sqft | $305,000 | 0.1 mi |
| 1145 E WHITTON Avenue 1007, Phoenix, AZ 85014 | Sep 21, 2026 | 2 bd · 1,394 sqft | $435,000 | 0.1 mi |
| 3616 N 12TH Street, Phoenix, AZ 85014 | Jun 26, 2026 | 16 bd | $2,399,000 | 0.1 mi |
| 3434 N 11TH Street 5, Phoenix, AZ 85014 | Jul 8, 2026 | 2 bd · 1,096 sqft | $293,000 | 0.2 mi |
| 1132 E WELDON Avenue, Phoenix, AZ 85014 | May 29, 2026 | 3 bd · 1,546 sqft | $440,000 | 0.2 mi |
| 1328 E WELDON Avenue, Phoenix, AZ 85014 | May 28, 2026 | 3 bd · 1,344 sqft | $485,000 | 0.2 mi |
| 1401 E OSBORN Road, Phoenix, AZ 85014 | Jun 18, 2026 | 3 bd · 1,921 sqft | $470,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $954,999 · Active
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