About The Property

The 15th Street fourplex consists of four 2-bedroom, 1-bath units, each approximately 650 square feet. Average rents are $1,107 per unit, producing gross annual income of approximately $53,160. Operating expenses are low, with the owner responsible only for water, sewer, and trash. Three of the four units have been renovated, and two HVAC systems have been replaced within the last 2-4 years. Located in the highly desirable Garfield Historic District, the property offers historic charm, excellent walkability, and close proximity to Roosevelt Row, making it an attractive investment with strong long-term upside in one of downtown Phoenix's most sought-after neighborhoods.
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
4
Last Updated
Property Type
Multiple Dwellings
Beds
8
Year Built
1983
MLS Number
7062340
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Free-Standing Range, Refrigerator, Washer/Dryer
Building
Built in 1983, Construction materials: Stucco, Block, Slump Block, 4 total units
Cooling
Electric
Expenses
Insurance: $2,250, Maintenance: $4,318, Water sewer: $4,320
Floors
Laminate, Carpet
Heating
Central
Parking
>1 Space Per Unit, On Street, 5 total parkings
Property
Zoning: R-4
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $1,803, Lot: 17
Utilities
APS, SRP, Individual Meter
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30 Days Snapshot Of 85006
$514k
+22%
(avg) sold price
7
-41%
homes sold
127
+36%
(avg) days on market
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Monthly Payment
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