AZ
Maricopa
Phoenix
85015
4012 N 15TH Avenue
4012 N 15TH Avenue, Phoenix, AZ 85015
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Listing Type
Multi Family
Listing Status
Active
22
$1,185,000

Home Details for 4012 N 15TH Avenue

Price
$1,185,000
Type
Residential Income
Bedrooms
10
Total Bathrooms
5
Year built
1959
County
Maricopa
Days on site
45
Listing #
7063520
Listing Courtesy: Gile Commercial Real Estate - 602-980-3171
Property 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.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Parking
    • Carport
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Last Updated: 2026-09-17 00:40:50
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