4020 N 12TH Street, Phoenix AZ 85014
$3,495,000
Brokerage: Ivy Realty(623) 299-4954
1 / 21Home facts
- Price
- $3,495,000
- Status
- Active
- Beds
- 21
- Baths
- 21
- Year built
- 2021
- Type
- F
- Pool
- No
- Water
- Individual Meter
- Sewer
- Sewer - Public
- Subdivision
- MOLI GARDENS
- MLS #
- 7057128
Listed by HANABEE · 928-777-3225
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Built-Up
Sewer
Sewer - Public
Cooling
Central Air, Ceiling Fan(s), Electric, Individual
Heating
Individual, Electric
Electric
APS, Individual Meter
Flooring
Carpet, Vinyl
WaterSource
Individual Meter
ParkingFeatures
Paved, Add'l Parking Avail, >1 Space Per Unit
ExteriorFeatures
Sidewalk(s)
CommunityFeatures
No Pool
ConstructionMaterials
Wood Frame, Stucco
Map
Price and status history
| Date | Change | From → To |
|---|---|---|
| Sep 16, 2026 | Price | $4,495,000 → $3,495,000 |
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1617 E EARLL Drive | Sep 29, 2026 | $335,000 | 3/2 | 1,371 | Coldwell Banker Realty |
| 4240 N LONGVIEW Avenue 9 | Sep 28, 2026 | $150,000 | 1/1 | 636 | My Home Group Real Estate |
| 4445 N Longview Avenue | Sep 27, 2026 | $400,000 | 2/1 | 994 | Dave Barber Realty, Inc. |
| 4401 N 12TH Street 201 | Sep 23, 2026 | $108,000 | 1/1 | 563 | eXp Realty |
| 1624 E CAMPBELL Avenue 46 | Sep 21, 2026 | $255,000 | 2/2 | 852 | RETSY |
| 1145 E WHITTON Avenue 1007 | Sep 20, 2026 | $435,000 | 2/3 | 1,394 | Incyte Realty, LLC |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).