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Street View
$1,185,000
Monthly Est:$5,898
10 Beds
5 Baths
--sqft
4012 N 15th Avenue, Phoenix, AZ 85015
$1,185,000
$5,898/moEst:
Get Pre-Approved
Townhouse
Built in 1959
$-- HOA
-- sqft lot
--/sqft
Description
Excellent Central Phoenix investment opportunity! This 5-unit multifamily property features five 2-bedroom, 1-bath units with updated interiors and strong rental upside. Current scheduled rents total approximately $6,550/month, with projected market rents of approximately $7,500/month. Offered at $1,185,000, the property has an estimated 5.20% current cap rate with potential for approximately a 6.10% stabilized cap rate. Units feature updated kitchens, cabinetry, flooring and stainless steel appliances. Conveniently located near Downtown Phoenix, employment centers, shopping, dining, healthcare and major transportation corridors. Great opportunity for investors seeking existing cash flow with value-add potential. Buyer to verify all facts and figures.
- Houzeo last checked: 2 minutes ago
- Listing updated: August 22, 2026 at 2:13 am
- Listing Provided by: Luis Espinoza (602) 373-9729 | Gile Commercial Real Estate (602) 980-3171
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7063520
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1959
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7063520
MLS Status
Active
Days on Market
89
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Interior
Appliances
Built In Range, Refrigerator, Washer/dryer
Cooling
Electric, Varies By Unit
Heating
Electric, Varies By Unit
Construction
Year Built
Year Built: 1959
Home type
Townhouse
Construction Materials
Block, Painted
Roof
Composition
Utilities & Energy
Water Source
City Franchise
Electric
Individual Meter
Parking Features
1 Space/unit, Carport
Other Features
Tenant Pays
Electricity, Gas
Subdivision Name
Park Fairmont Amd
Community Features
No Pool
Disclosures
None
Price History
| Date | Event | Price |
|---|---|---|
08/06/2026 Source: | Listed for Sale | $1,185,000 +12.86% $0/sqft |
05/17/2024 Source: | Price Decreased | $1,050,000 -8.62% $0/sqft |
05/17/2024 Source: | Price Increased | $1,149,000 +447.14% $0/sqft |
09/10/2001 Source: | Sold | $210,000 -6.67% $0/sqft |
08/29/2001 Source: | Listing Removed | $225,000 $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Nov 05, 2026, 05:00AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
