9648 N 12th Ave Phoenix, AZ 85021
North Mountain Village NeighborhoodEstimated payment $6,449/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,361
Year Built
- Built in 1987
Lot Details
- Additional Parcels
Home Design
- Wood Frame Construction
- Foam Roof
- Block Exterior
- Stucco
Parking
- 10 Parking Spaces
- Free Parking
- Paved Parking
- 10 Open Parking Spaces
Schools
- Sunnyslope High School
Utilities
- Cooling Available
- Heating Available
- Natural Gas Not Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 13
- Assessor Parcel Number 158-33-120
Community Details
Overview
- 8 Units
- Building Dimensions are 10,483
- Foothill Lots Subdivision
Building Details
- Operating Expense $16,521
- Gross Income $96,903
- Net Operating Income $80,382
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,219 | $9,591 | ||
| 2024 | $1,152 | $9,134 | ||
| 2023 | $1,152 | $51,560 | $5,450 | $46,110 |
| 2022 | $1,114 | $36,100 | $3,810 | $32,290 |
| 2021 | $1,128 | $29,940 | $3,160 | $26,780 |
| 2020 | $1,100 | $26,530 | $2,800 | $23,730 |
| 2019 | $1,080 | $21,440 | $2,260 | $19,180 |
| 2018 | $1,052 | $18,000 | $1,900 | $16,100 |
| 2017 | $1,047 | $15,200 | $1,600 | $13,600 |
| 2016 | $1,028 | $14,380 | $1,520 | $12,860 |
| 2015 | $952 | $11,880 | $1,250 | $10,630 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $999,000 | +63.8% | -- | |
| 10/20/2020 10/20/20 | Sold | $610,000 | -11.5% | $1,052 / Sq Ft | View Prior Sale |
| 09/07/2020 09/07/20 | For Sale | $689,000 | 0.0% | $1,188 / Sq Ft | |
| 08/22/2020 08/22/20 | Pending | -- | -- | -- | |
| 08/12/2020 08/12/20 | For Sale | $689,000 | -- | $1,188 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $610,000 | Empire West Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $139,000 | Capital Title Agency | |
| Warranty Deed | $139,000 | Capital Title Agency | |
| Joint Tenancy Deed | $117,000 | Lawyers Title Of Arizona Inc | |
| Joint Tenancy Deed | $120,000 | First American Title | |
| Warranty Deed | -- | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $427,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7045461
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.