4012 N 15th Avenue, Phoenix, AZ 85015
- $1,185,000
- 10
- BD
- 5
- BA
- List Price
- $1,185,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 7063520
- City
- Phoenix
- Bedrooms
- 10
- Bathrooms
- 5
- Subdivision
- Park Fairmont Amd
- Year Built
- 1959
Property Description
Excellent Central Phoenix investment opportunity! Updated 5-unit multifamily property featuring spacious 2BD/1BA units. Units offer updated kitchens, bathrooms, flooring and appliances. Property includes covered parking, private outdoor areas and low-maintenance landscaping. Additional value-add opportunity with existing bonus space that could potentially be converted into an on-site laundry facility, creating an additional revenue stream while providing a desirable tenant amenity and supporting future rent growth. Alternatively, the space could be utilized as tenant storage for additional monthly rental income. Convenient Central Phoenix location near 15th Ave & Indian School Rd with easy access to Downtown Phoenix, freeways, shopping, dining and public transportation.
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Additional Information
- Community Features
- No Pool
- Construction
- Block, Painted
- Cooling
- Electric, Varies by Unit
- Electric
- Individual Meter
- Heating
- Electric, Varies by Unit
- New Financing
- Conventional
- Parking Features
- 1 Space/Unit, Carport
- Roofing
- Composition
- Subdivision
- Park Fairmont Amd
- Taxes
- $2,669
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas
- Units
- 5
- Water
- City Franchise
- Zoning
- R-5
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Listing courtesy of Gile Commercial Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.