Share this with your friends
(602) 769-4725
Real Estate Company
4815 N 15th Avenue, Phoenix, AZ 85015
- $2,799,000
- 32
- BD
- 24
- BA
- List Price
- $2,799,000
- Status
- ACTIVE
- Days on Market
- 41
- Price Change
- ▼ $200,000 1790730329
- MLS#
- 7072051
- Subtype
- Multiple Dwellings
- Year Built
- 1958
- Bedrooms
- 32
- Bathrooms
- 24
- Subdivision
- Cox Estates 2
Property Description
Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Full stabilized. $116,625/door & less than $187/sq ft. Unit mix consists of (8) very large 2 bed units; (10) 1 bed units; & (6) large studio units (15,000 total sq ft). The complex underperformed in 2025 with a low NOI. However, Palm Square 24 is now 100% occupied. $21,200 gross rents currently with a 6.35 CAP rate. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PH
/u.realgeeks.media/dunlap-magee/Logo_1-min.png){kind=logo}
Additional Information
- Taxes
- $7,236
- Zoning
- R-4
- Appliances
- Free-Standing Range, Refrigerator, Washer/Dryer, W/D Hookup, See Remarks
- Heating
- Heat Pump, Varies by Unit, Forced Air
- Air Conditioning
- Electric, Varies by Unit
- Exterior Construction
- Block, Painted
- Parking Features
- >1 Space Per Unit
Mortgage Calculator
Listing courtesy of Listing Agent: James C Stephens (602-672-3526) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.
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.