4811 N 15th Avenue, Phoenix, AZ 85015
$2,400,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$2,400,000
Last Modified:
5/15/2026
Listing Details MLS# 6992561
Location, Tax & Legal
- House Number
- 4811
- Compass
- N
- Street Name
- 15th
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85015
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 155-44-069-B
- Tax Year
- 2025
- Assessor's Map #
- 44
- Assessor's Parcel #
- 69
- Assessor Parcel Ltr
- B
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Taxes
- 4286
- Legal
- COX ESTATES 2 LOT 64 and N2 LOT 65 and S 7ft OF LOT 63
- Marketing Name
- Palm Square
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 0.67
- Year Built
- 1958
- Uncvrd Parking Spcs
- 3
- Total # of Units
- 18
- # of Buildings
- 2
- Zoning
- R-4
Legal Info
- Lot Number
- 64
Income Expenses
- Gross Annual Sch Inc
- 219120
- Net Operating Income
- 141099
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
Efficiency Units
- # Efficiency Units
- 6
- Avg Rent
- 828
- Avg SqFt
- 415
- # Baths
- 6
1 Bedroom Units
- # 1 Bedroom Units
- 10
- Avg Rent
- 1075
- Avg SqFt
- 512
- # Baths
- 10
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 1270
- Avg SqFt
- 887
- # Baths
- 2
Project Type
- 13 - 24 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
- Tile
- Yes
Floors
- Tile
- Yes
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 16258
- Annual Ins Exp
- 6513
- Annual Landscape Exp
- 12596
- Annual Legal & Acctg
- 7186
- Annual Maint Exp
- 15064
- Annual Mgmt Exp
- 9251
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual Rplcmnt Rsrvs
- 4500
- Annual Other Expense
- 14513
- Operating Exp
- 90167
- Other Income
- 34057
- Vacancy Allowance
- 0.1
- Adjusted Gross Inc
- 227859.3
Pmt & Rate Info
- Cap Rate
- 5.88
- Equity
- 2400000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Individual
- Yes
Cooling
- Individual
- Yes
Exterior Amenities
- Green Landscaping
- Yes
- Desert Landscaping
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- 1031 Exchange
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
13 - 24 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition; Tile
Floors:
Tile; Vinyl; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Green Landscaping; Desert Landscaping
Appliances Included:
Free-Standing Range; Refrigerator; Washer/Dryer; W/D Hookup
Heating:
Individual
Cooling:
Individual
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Owner
Showing Notification Methods:
Text
Lockbox Type:
None
New Financing:
Cash; Conventional; 1031 Exchange
Environmental:
None
Listing Office:
Marcus & Millichap
Last Updated: May - 15 - 2026
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