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4012 N 15th Ave, Phoenix, AZ 85015
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4012 N 15th Ave, Phoenix, AZ 85015
4012 N 15th Ave, Phoenix, AZ 85015
4012 N 15th Ave, Phoenix, AZ 85015
4012 N 15th Ave, Phoenix, AZ 85015
4012 N 15th Ave, Phoenix, AZ 85015
4012 N 15th Ave, Phoenix, AZ 85015

4012 N 15th Ave Phoenix, AZ 85015

$1,185,000

ACTIVE
Beds
10
Baths
5
Sqft
Year
1959
Days on Site
90 Days
Property Type
Multiple Dwellings
Sub Type
Date Listed
Aug 6, 2026

Description of 4012 N 15th Ave, Phoenix, AZ 85015

Listing details for 4012 N 15th Ave, Phoenix, AZ 85015 : 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.
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Listing Updated : 11-03-2026 at 9:47 AM MST
Listing Provided By : Luis Espinoza, 602-373-9729, Gile Commercial Real Estate
Source :

ARMLS, MLS#: 7063520

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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For more information on this listing contact us at 623-206-9936

Property History

DateEventPrice
8/6/2026
Listed for sale
$1,185,000 +12.9%
Source:ARMLS #7063520
5/16/2024
Sold
$1,050,000 -24.7%
Source:ARMLS #6584113
7/24/2023
Listed for sale
$1,395,000
Source:ARMLS #6584113
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