10226 N 15TH Avenue, Phoenix, AZ 85021

$675,000

Property Type: Multiple Dwellings Status: Active

Current Price: $675,000 Last Modified: 5/20/2026

Overview

Description

Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Also includes owned solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA!

Listing Details MLS# 7030749

Location, Tax & Legal

House Number: 10226
Compass: N
Street Name: 15TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 2180
Country: US
County Code: Maricopa
Subdivision: SKYCREST
Assessor Number: 158-35-096-A
Tax Year: 2025
Assessor's Map #: 35
Legal Description (Abbrev): LOT 96 SKYCREST MCR 007429
Assessor's Parcel #: 96
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104502
Taxes: 2267
Legal: LOT 96 SKYCREST MCR 007429
Marketing Name: Skycrest

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 13713
Year Built: 1959
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: Yes
Zoning: Residential
Flood Zone: No
High School District: Glendale Union High School District
High School: Sunnyslope High School

Remarks Misc

Cross Street: Peoria Avenue and 15th Avenue
Directions: South on 15th Avenue, property on the right. Corner lot.

Legal Info

Township: 3N
Range: 3E
Section: 30
Lot Number: 96

Income Expenses

Gross Annual Sch Inc: 43500
Net Operating Income: 43500

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 912.5
Avg SqFt: 900
# Baths: Yes

4 Bedrooms Units

# 4 Bedroom Units: Yes
Avg Rent: 1800
Avg SqFt: 1500
# Baths: 2

Project Type

Tri-Plex: Yes
Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Concrete: Yes
Vinyl: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2267
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 43500

Pmt & Rate Info

Cap Rate: 6.44
Equity: 675000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Forced Air: Yes
Solar: Yes
Natural Gas: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
2 or More Units: Yes

Exterior Amenities

Fenced: Yes
Cable TV Available: Yes
Separate Storage: Yes

Interior Features

Unfurnished: Yes
Partially Furnished: Yes
Mini Blinds: Yes

Tenant Pays

Other (See Remarks): Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Free-Standing Electric Oven: Yes
Free-Standing Gas Oven: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes
Concrete: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
On Street: Yes
1 Space/Unit: Yes
Add'l Parking Avail: Yes
Attached Carport: Yes
Off Street: Yes

Electric

SRP: Yes
Solar: Yes

Gas

SW Gas: Yes
None: Yes

Owner Pays

See Remarks: Yes

New Financing

Cash: Yes
Conventional: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Tri-Plex; Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Laminate; Concrete; Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available; Separate Storage Interior Features: Unfurnished; Partially Furnished; Mini Blinds Appliances Included: Free-Standing Electric Oven; Free-Standing Gas Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Forced Air; Natural Gas; Solar Cooling: Ceiling Fan(s); Electric; 2 or More Units Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Solar Gas: SW Gas; None Parking Features: Carport; On Street; 1 Space/Unit; Add'l Parking Avail; Attached Carport; Off Street Road Surface Type: Asphalt; Concrete Owner Pays: See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: KLM Real Estate Brokerage

Last Updated: May - 20 - 2026