4012 N 15th Avenue, Phoenix, AZ 85015

$1,185,000
10
BD
5
BA

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List Price
$1,185,000
Status
ACTIVE
Days on Market
6
MLS#
7063520
Subtype
Multiple Dwellings
Year Built
1959
Bedrooms
10
Bathrooms
5
Subdivision
Park Fairmont Amd

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.

Additional Information

Taxes
$2,669
Zoning
R-5
Heating
Electric, Varies by Unit
Air Conditioning
Electric, Varies by Unit
Exterior Construction
Block, Painted
Parking Features
1 Space/Unit, Carport

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Luis Espinoza (602-373-9729) from Listing Office: 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.