1503 W Missouri Avenue, Phoenix, AZ 85015
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
1503 W Missouri Avenue,Phoenix, AZ 85015
$5,895,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher paul bay
Office: marcus & millichap
MLS#:6989965
Source:ARMLS
Price summary
- Price:$5,895,000
About this home
Ideally positioned immediately north of Central Phoenix's largest major employment corridor, The Vue Townhomes (''the property'') is a 26-unit majority townhome community located at the southwest corner of the 15th Avenue and Missouri Avenue intersection. The property sits within a desirable residential neighborhood, surrounded by the growing lifestyle opportunities of a rapidly improving area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative redevelopment efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.
Completed in 1967, The Vue at 1501 is comprised of 8 one-bedroom (31%) and 18 two-bedroom townhome (69%) floorplans, offering an average of ±823 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers. In addition, the roof and pool have been recently updated leaving additional upside of enhancing the curb appeal through common area capital expenditures such as exterior paint and landscaping. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's extremely rare majority-townhome mix in a rapidly-transforming, centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors. With $2,308 average on-market rent for townhomes within a one-mile radius of the property, new ownership will have a clear competitive advantage to push market rent while remaining the lower cost option amongst competitive units in the submarket....
Contact an agent
Home facts
- Year built:1967
- Listing ID #:6989965
- Updated:June 16, 2026 at 02:52 PM
Rooms and interior
- Flooring:Tile, Vinyl
Heating and cooling
- Cooling:Individual Cooling
- Heating:Individual Heating
Structure and exterior
- Year built:1967
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$5,895,000
- Tax amount:$11,078 (2025)
Parking
- Total parking spaces:38
- Parking description:More Than 1 Parking Space/Unit
All 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.New listings near 1503 W Missouri Avenue
- New
$318,000Active2 beds 3 baths1,099 sq. ft.2150 W Alameda Road #1371, Phoenix, AZ 85085
MLS# 7042454Listed by: REALTY ONE GROUP 
$127,000Active0.11 Acres13050 N 19th Street, Phoenix, AZ 85022
MLS# 7020001Listed by: UNITED COUNTRYREAL ESTATE-ARIZONA PROPERTY & AUCTION- New
$599,000Active-- beds -- baths1132 W North Lane, Phoenix, AZ 85021
MLS# 7042432Listed by: RHP REAL ESTATE - New
$67,000Active2 beds 2 baths1,100 sq. ft.16820 N 2nd Avenue #284, Phoenix, AZ 85023
MLS# 7042444Listed by: CENTURY 21 ARIZONA FOOTHILLS - New
$406,900Active4 beds 2 baths1,588 sq. ft.6829 W Monte Vista Road, Phoenix, AZ 85035
MLS# 7042397Listed by: MY HOME GROUP REAL ESTATE 
$869,900Pending4 beds 2 baths2,107 sq. ft.4812 E Lone Mountain Road, Cave Creek, AZ 85331
MLS# 7042380Listed by: MY HOME GROUP REAL ESTATE- New
$229,000Active1 beds 1 baths707 sq. ft.1701 E Colter Street #191, Phoenix, AZ 85016
MLS# 7042364Listed by: STIRLING BROKERY ARIZONA - New
$75,000Active3 beds 2 baths924 sq. ft.303 E South Mountain Avenue #49, Phoenix, AZ 85042
MLS# 7042377Listed by: KELLER WILLIAMS, PROFESSIONAL PARTNERS - New
$1Active4 beds 2 baths1,949 sq. ft.123 N 65th Drive, Phoenix, AZ 85043
MLS# 7042340Listed by: OLSON GOUGH - New
$650,000Active5 beds 3 baths2,939 sq. ft.16815 N 40th Drive, Phoenix, AZ 85053
MLS# 7042341Listed by: HOMESMART
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.