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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.

10 Beds ⋅ 5 Baths ⋅ 7063520 MLS

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.

4012 N 15th Avenue, Phoenix

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

Great opportunity for ongoing multiple-unit income stream. Beautiful park-like setting in sought after mid-town location has 18 well-maintained rental units of varying sizes to fit different needs of renters. Many long-term renters reside on the property. Apartments were completely remodeled in 2010 ceramic floors, electricity, air conditioning and plumbing, interior walls, roofing, insulation and new drywall.

Great opportunity for ongoing multiple-unit income stream. Beautiful park-like setting in sought after mid-town location has 18 well-maintained rental units of varying sizes to fit different needs of renters. Many long-term renters reside on the property. Apartments were completely remodeled in 2010 ceramic floors, electricity, air conditioning and plumbing, interior walls, roofing, insulation and new drywall.

1525 W Indian School Road, Phoenix

Listing courtesy of Listing Agent: Francisco Avila, Jr (480-352-5063) from Listing Office: Realty ONE Group.

Selling Office: ABI Multifamily.

4012 N 15th Ave is a 5-Unit apartment community built in 1959. Comprised 100% of spacious 2-Bed/1-Bath units, each of which boasts 800 sq ft of living space and vaulted ceilings. This block construction apartment building was extensively renovated in 2023. Interiors were remodeled with new flooring, cabinets, countertops, SS appliances, bathrooms/showers, plumbing, doors, and more. The exterior of the building was enhanced with all new paint/finishes, roof, desert landscaping, a newly rebuilt carport, electrical upgrades, two new HVAC units, and the addition of a shared community laundry space. Tenants also enjoy large private/gated back patios and covered parking spaces. All work was completed by a licensed general contractor and was recently inspected and approved by the City of Phoenix

4012 N 15th Ave is a 5-Unit apartment community built in 1959. Comprised 100% of spacious 2-Bed/1-Bath units, each of which boasts 800 sq ft of living space and vaulted ceilings. This block construction apartment building was extensively renovated in 2023. Interiors were remodeled with new flooring, cabinets, countertops, SS appliances, bathrooms/showers, plumbing, doors, and more. The exterior of the building was enhanced with all new paint/finishes, roof, desert landscaping, a newly rebuilt carport, electrical upgrades, two new HVAC units, and the addition of a shared community laundry space. Tenants also enjoy large private/gated back patios and covered parking spaces. All work was completed by a licensed general contractor and was recently inspected and approved by the City of Phoenix

4012 N 15th Avenue, Phoenix

Listing courtesy of Listing Agent: Bryce Neagle (602-714-8931) from Listing Office: ABI Multifamily.

Selling Office: Non-MLS Office.

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