4815 N 15th Avenue, Phoenix, AZ 85015

Phoenix
Local realty services provided by:Success Property Brokers ERA Powered
4815 N 15th Avenue,Phoenix, AZ 85015
$2,799,000
  • 32 Beds
  • 24 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james c stephens
Office: better homes & gardens real estate sj fowler
MLS#:7072051
Source:ARMLS

Price summary

  • Price:$2,799,000

About this home

Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Full stabilized. $116,625/door & less than $187/sq ft. Unit mix consists of (8) very large 2 bed units; (10) 1 bed units; & (6) large studio units (15,000 total sq ft). The complex underperformed in 2025 with a low NOI. However, Palm Square 24 is now 100% occupied. $21,200 gross rents currently with a 6.35 CAP rate. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PH

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Home facts

  • Year built:1958
  • Subdivision & Development:COX ESTATES 2
  • Listing ID #:7072051
  • Updated:November 11, 2026 at 04:31 PM

Rooms and interior

  • Bedrooms:32
  • Total bathrooms:24
  • Flooring:Carpet, Tile, Vinyl

Heating and cooling

  • Cooling:Electric
  • Heating:Heat Pump

Structure and exterior

  • Year built:1958
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$2,799,000
  • Tax amount:$7,236 (2025)

Parking

  • Total parking spaces:40
  • Parking description:More Than 1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Byron Short

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