For sale

$999,000

9648 N 12TH Avenue, Phoenix, AZ 85021

6beds

8baths

3,168sqft

$6,016/mo

Get pre-qualified

Multi Family

Built in 1987

-- sqft lot

$-- Zestimate^®

$315/sqft

$-- HOA

What's special

Two-story wood-frame constructionFlat roofVarious interior upgrades

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.

61 days

103

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 8

Heating

Electric

Cooling

Electric

Appliances

Included: Refrigerator, Built-In Electric Oven

Features

Flooring: Tile, Laminate, Vinyl

Interior area

Total structure area: 3,168
Total interior livable area: 3,168 sqft

Property

Parking

Total spaces: 10
Parking features: Paved, Free, >1 Space Per Unit
Uncovered spaces: 10

Lot

Size: 10,483 Square Feet
Dimensions: 10,483

Details

Parcel number: 15833120
Zoning: R-4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco, Block, Slump Block
Roof: Foam

Condition

Year built: 1987

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: FOOTHILL LOTS

Location

Region: Phoenix

Financial & listing details

Price per square foot: $315/sqft
Tax assessed value: $700,900
Annual tax amount: $11,361
Date on market: 6/23/2026
Cumulative days on market: 61 days
Listing terms: No Carry,Conventional,1031 Exchange
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
6/23/2026	Listed for sale	$999,000+63.8%$315/sqft
Source: ARMLS #7045461 Report a problem
10/20/2020	Sold	$610,000-11.5%$193/sqft
Source: ARMLS #6116215 Report a problem
9/7/2020	Listed for sale	$689,000$217/sqft
Source: eXp Realty #6116215 Report a problem
8/24/2020	Pending sale	$689,000$217/sqft
Source: eXp Realty #6116215 Report a problem
8/13/2020	Listed for sale	$689,000+13%$217/sqft
Source: eXp Realty #6116215 Report a problem
10/20/2001	Sold	$610,000+338.8%$193/sqft
Source: Agent Provided Report a problem
10/31/1997	Sold	$139,000+18.8%$44/sqft
Source: Public Record Report a problem
8/22/1995	Sold	$117,000-2.5%$37/sqft
Source: Public Record Report a problem
3/17/1995	Sold	$120,000$38/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,201 +3.9%	$70,090 -0.8%
2024	$1,156 +1.8%	$70,684 +712.6%
2023	$1,136 +2%	$8,699 -75.9%
2022	$1,114 +1.3%	$36,100 +20.6%
2021	$1,100 +1.9%	$29,940 +12.9%
2020	$1,080 +2.7%	$26,530 +23.7%
2019	$1,052	$21,440 +19.1%
2018	$1,052 +0.5%	$18,000 +18.4%
2017	$1,047 +10%	$15,200 +5.7%
2016	$952 -11.6%	$14,380 +21%
2015	$1,076	$11,880 +36.2%
2014	--	$8,720 +90.8%
2013	--	$4,570 -19.3%
2012	--	$5,660 -34%
2011	--	$8,580 -40.6%
2010	--	$14,450 -42.3%
2009	--	$25,040 -8.5%
2008	--	$27,360 +14.7%
2007	--	$23,850 +51.4%
2006	--	$15,750
2005	--	$15,750 +17.6%
2004	--	$13,398
2003	--	$13,398 +28.8%
2002	--	$10,400