9511 N 12TH Street, Phoenix AZ 85020
$600,000
Brokerage: Ivy Realty(623) 299-4954
1 / 19Home facts
- Price
- $600,000
- Status
- Active
- Beds
- 8
- Baths
- 5
- Year built
- 1954
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- WILLIS HOMES
- MLS #
- 7083496
Listed by Orion Investment Real Estate · 480-634-6934
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
9511 - 9517 N 12th Street is a rare opportunity for an operator to step into a true value-add asset with the financing flexibility, resale optionality, and scale that are hard to find in this price point. The in-place rents sit well below what the submarket is currently achieving, which leaves a clear runway for an incoming owner to renovate, reposition, and capture the spread without needing to bet on the market to do the work for them. The land and improvements are made up of four separate buildings and a duplex and triplex on separate lots arranged to give tenants a warm, secluded feel while still holding strong visibility off 12th St. That layout is a real operational advantage. It creates a courtyard-style environment that tenants stay in longer.
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Window/Wall Unit
Heating
Window/Wall Unit(s), 2 or More Units, Electric
Electric
APS
Flooring
Tile, Laminate, Carpet, Concrete
WaterSource
City Franchise
ParkingFeatures
>1 Space Per Unit
CommunityFeatures
No Pool
ConstructionMaterials
Painted, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1202 E BECKER Lane | Sep 29, 2026 | $331,000 | 2/1 | 1,465 | My Home Group Real Estate |
| 9115 N 13TH Street | Sep 24, 2026 | $303,500 | 2/1 | 780 | HomeSmart |
| 10415 N 9TH Street 2 | Sep 24, 2026 | $285,000 | 2/2 | 1,015 | Real Broker |
| 1121 E COCHISE Drive | Sep 14, 2026 | $310,000 | 2/2 | 1,038 | Realty ONE Group |
| 827 E COCHISE Drive B | Sep 14, 2026 | $249,500 | 3/2 | 928 | Realty ONE Group |
| 1025 E Cheryl Drive | Sep 7, 2026 | $485,000 | 2/3 | 1,512 | RE/MAX Fine Properties |
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).