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Courtesy of HANABEE, Miki Nakajima Listing Contact: 928-777-3225 
21 Beds
21 Baths

$4,495,000

4020 N 12TH Street, Phoenix AZ, 85014

Built in2021
Property typeMulti-family

Overview

Active

Listed Jul 21, 2026

Updated 2 weeks ago

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.

$29,905/mo

Est. mortgage payment based on a $4,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7057128

Interior Features

Bedrooms
21
Bathrooms
21
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,117
Tax Frequency
Annually
Maintenance Expense
$22,600
Garage
Yes

Courtesy of HANABEE, Miki Nakajima

Listing Contact: 928-777-3225 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tucker Blalock shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 6:02 PM UTC, 8/25/2026.

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