Pending

$600,000

9511 N 12TH Street, Phoenix, AZ 85020

8beds

5baths

3,025sqft

$3,817/mo

Get pre-qualified

Multi Family

Built in 1954

-- sqft lot

$-- Zestimate^®

$198/sqft

$-- HOA

What's special

Courtyard-style environmentWarm secluded feel

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.

29 days
355
28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5

Heating

Window/Wall Unit(s), Zoned, Electric

Cooling

Wall/Window Unit(s)

Appliances

Included: Built-In Range, Refrigerator, Built-In Gas Oven, Built-In Electric Oven, Microwave
Laundry: W/D Hookup

Features

Flooring: Tile, Laminate, Carpet, Concrete

Interior area

Total structure area: 3,025
Total interior livable area: 3,025 sqft

Property

Parking

Total spaces: 10
Parking features: >1 Space Per Unit
Covered spaces: 3
Uncovered spaces: 7

Lot

Size: 0.29 Acres
Dimensions: 12647

Details

Parcel number: 15931035
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Block
Roof: Composition

Condition

Year built: 1954

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: WILLIS HOMES

Location

Region: Phoenix

Financial & listing details

Price per square foot: $198/sqft
Tax assessed value: $314,800
Annual tax amount: $829
Date on market: 9/23/2026
Cumulative days on market: 30 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/5/2026	Pending sale	$600,000$198/sqft
Source: ARMLS #7083496 Report a problem
9/22/2026	Listed for sale	$600,000$198/sqft
Source: ARMLS #7083496 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$817 +3.9%	$31,480 -4.9%
2024	$786 +1.8%	$33,100 +459.6%
2023	$772 +2%	$5,915 -68%
2022	$758 +1.3%	$18,480 +16%
2021	$748 +1.9%	$15,930 +14.1%
2020	$734 +2.7%	$13,960 +16.3%
2019	$715	$12,000 +33%
2018	$715 +0.5%	$9,020 +11.9%
2017	$712 +10%	$8,060 +8.6%
2016	$647 -4%	$7,420 +21%
2015	$674	$6,130 +78.7%
2013	--	$3,430 -11.4%
2012	--	$3,870 -66.6%
2011	--	$11,589 -19.8%
2010	--	$14,450 -9.3%
2009	--	$15,931 +17%
2008	--	$13,619 +29.2%
2007	--	$10,540 +29.6%
2006	--	$8,134
2005	--	$8,134 +24.6%
2004	--	$6,529
2003	--	$6,529