4815 N 15th Avenue, Phoenix, AZ 85015
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
4815 N 15th Avenue,Phoenix, AZ 85015
$2,799,000
- 32 Beds
- 24 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:
- Better Homes and Gardens Real Estate S.J. Fowler
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:October 20, 2026 at 03:09 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
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