7625 N 12th St, Phoenix, AZ 85020 For Sale

The View on 12th Street is a turnkey, boutique eight-unit apartment community in Phoenix’s sought-after Madison District, just minutes from Uptown Plaza, Biltmore Fashion Park, and the 7th & 16th Street corridors. Residents enjoy premier access to top dining, shopping, and entertainment. The property offers a balanced unit mix—50% one-bedrooms (600 SF) and 50% two-bedrooms (743 SF). Current rents are well below market, with comps achieving over 14% higher rents, presenting an immediate $200+ per unit monthly upside. Located in a highincome area ($152,000+ average household income within one mile), the asset offers strong fundamentals and upside through rent adjustments and operational efficiencies. Attractive DSCR financing is available, including up to 75% LTV with 10 years interest-only and 30-year fixed terms. For 1031 exchange buyers, this enables efficient use of proceeds with just 25% down, while maximizing cash flow and long-term value. The View on 12th Street pairs infill location with upside and flexible financing—an ideal fit for investors targeting stability, yield, and growth.