4815 N 15th Avenue, Phoenix, AZ 85015

Phoenix
Local realty services provided by:ERA Four Feathers Realty, L.C.
4815 N 15th Avenue,Phoenix, AZ 85015
$2,999,000
  • 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:$2,999,000

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. Under $125,000/door & less than $200/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 with $21,200 gross rents in place for August 2026. Forward pro forma close to a 6 CAP. 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 PHX.

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Home facts

  • Year built:1958
  • Subdivision & Development:COX ESTATES 2
  • Listing ID #:7072051
  • Updated:August 28, 2026 at 01:46 AM

Rooms and interior

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

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Heat Pump, Individual Heating

Structure and exterior

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

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$2,999,000
  • Tax amount:$7,236 (2025)

Parking

  • Total parking spaces:40
  • Parking description:More Than 1 Parking Space/Unit
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