9648 N 12th Avenue, Phoenix, AZ 85021

Show Photos

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

List Price
$899,000
Status
ACTIVE
Days on Market
100
Price Change
▼ $100,000 1790382127
MLS#
7045461
Subtype
Multiple Dwellings
Year Built
1987
Bedrooms
8
Bathrooms
8
Subdivision
Foothill Lots

Property Description

Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

Additional Information

Taxes
$11,361
Zoning
R-4
Appliances
Refrigerator, Built-In Electric Oven
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Block, Wood Frame, Slump Block, Painted, Stucco
Parking Features
Free, Paved, >1 Space Per Unit
High School
Sunnyslope High School

Courtesy of Compass. 480-776-1555

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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