9648 N 12th Avenue, Phoenix, AZ 85021
Local realty services provided by:ERA Brokers Consolidated
9648 N 12th Avenue,Phoenix, AZ 85021
$999,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: zachary coty
Office: compass
MLS#:7045461
Source:ARMLS
Price summary
- Price:$999,000
About this home
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.
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Home facts
- Year built:1987
- Subdivision & Development:FOOTHILL LOTS
- Listing ID #:7045461
- Updated:August 13, 2026 at 03:07 PM
Rooms and interior
- Flooring:Laminate, Tile, Vinyl
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Year built:1987
- Construction Materials:Block, Painted, Slump Block, Stucco
Schools
- High school:Sunnyslope High School
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$999,000
- Tax amount:$11,361 (2025)
Parking
- Total parking spaces:10
- Parking description:Free Parking, More Than 1 Parking Space/Unit, Paved
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