4012 N 15TH Avenue, Phoenix, AZ 85015
4012 N 15TH Avenue, Phoenix, AZ 85015
4012 N 15TH Avenue, Phoenix, AZ 85015
4012 N 15TH Avenue, Phoenix, AZ 85015
4012 N 15TH Avenue, Phoenix, AZ 85015
4012 N 15TH Avenue, Phoenix, AZ 85015
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Accel Lofty

Accel Lofty

+1(234) 567-8901
$ 1,185,000
Est. payment | /mo

10 Beds

Save
$ 1,185,000
Est. payment | /mo
Save

10 Beds

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Park Fairmont Amd

MLS Listing ID 7063520

Bedrooms 10

Year Built 1959

Annual Tax Amount $2,669

Tax Year 2025

Lot Dimensions 10723

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Excellent Central Phoenix investment opportunity! This 5-unit multifamily property features five 2-bedroom, 1-bath units with updated interiors and strong rental upside. Current scheduled rents total approximately $6,550/month, with projected market rents of approximately $7,500/month. Offered at $1,185,000, the property has an estimated 5.20% current cap rate with potential for approximately a 6.10% stabilized cap rate. Units feature updated kitchens, cabinetry, flooring and stainless steel appliances. Conveniently located near Downtown Phoenix, employment centers, shopping, dining, healthcare and major transportation corridors. Great opportunity for investors seeking existing cash flow with value-add potential. Buyer to verify all facts and figures.

Location

State AZ

County Maricopa

Community Park Fairmont Amd

Area Maricopa

Zoning R-5

Direction From I-17, exit Indian School Rd and head east. Turn right (south) on 15th Ave. Property is located at **4012 N 15th Ave, Phoenix, AZ 85015**, on 15th Ave near Indian School Rd.

Interior

Heating Individual, Electric

Cooling Electric, Individual

Flooring Vinyl

Appliance Built-In Range, Refrigerator, Washer/Dryer

Exterior

Parking Features 1 Space/Unit, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 110-08-014

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Gile Commercial Real Estate • Luis Espinoza

Nearby School & Business

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