$1,100,000
Phoenix, AZ 85014
MLS# 7024755
1 / 42
Property Description
Uptown Phoenix Class ''A'' Location In Sought After 85014 Zip Code. 4 Large 2 Bedroom 1 Full Baths/Tubs 900+/- sf Units With Private Yards That Sits On a Huge 15,000 sf Corner Lot with Mature Shade Trees, Covered Parking and Onsite Laundry. Pride Of Ownership Shines All Over These Two Well Maintained Masonry/Brick Buildings. Current Rents Are Low Market with Lots of Room To Run For Many Years To Come At This Class A Location. Interior Pictures Available on Request. Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,100,000
List Price: $1,100,000
Status: Active
List Date: 2026-05-06
Location, Tax & Legal
Assessor's Map #: 14
Legal Description (Abbrev): ORANGE HEIGHTS LOT 48 E 158' OF N 100' OF S 364.88' .37 AC
Assessor's Parcel #: 56
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106501
Taxes: 3408
Legal: ORANGE HEIGHTS LOT 48 E 158' OF N 100' OF S 364.88' .37 AC
Marketing Name: 4 on 12th
House Number: 6024
Compass: N
Street Name: 12TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 2000
Country: US
County Code: Maricopa
Subdivision: ORANGE HEIGHTS LOTS 1-4 14-16
Assessor Number: 161-14-056
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 100 X 157
Total # of Units: 4
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Year Built: 1955
Zoning: R-3
Project Type
Four Plex: 1
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Brick: 1
Const - Finish
Stucco: 1
Brick Veneer: 1
Roofing
Composition: 1
Floors
Laminate: 1
Tile: 1
Wood: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1813
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 1467
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 3778
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 10466
Other Income: 1200
Vacancy Allowance: 0.03
Adjusted Gross Inc: 71935.2
Total Monthly Rental Income: 6080
Pmt & Rate Info
Cap Rate: 5.79
Equity: 1100000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Community Features
See Remarks: 1
Heating
Natural Gas: 1
Individual: 1
Cooling
Electric: 1
Heat Pump: 1
Exterior Amenities
Other (See Remarks): 1
Interior Features
Other (See Remarks): 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Other (See Rmks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1520
Avg SqFt: 863
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Bethany Home Road & 12th St.
Directions: North on 12th St. Property sits on a corner lot on the west side of 12th. Alley takes you to the Rear Units.
Geo Lat: 33.524684
Geo Lon: -112.05665
Legal Info
Lot Number: 48
Income Expenses
Gross Annual Sch Inc: 72960
Net Operating Income: 63694
Property Features
Project Type: Four Plex; Other (See Remarks)
Other Type: House + Rental Units
Construction: Block; Brick
Const - Finish: Stucco; Brick Veneer
Roofing: Composition
Floors: Laminate; Tile; Wood
Sale Includes: Land & Building
Community Features: See Remarks
Exterior Amenities: Other (See Remarks)
Interior Features: Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave
Heating: Natural Gas; Individual
Cooling: Electric; Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks
Existing 1st Loan: Other (See Rmks)
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: May - 08 - 2026
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