3630 N 15TH Avenue, Phoenix, AZ 85015 (MLS# 6992526)

3630 N 15TH Avenue, Phoenix, AZ 85015

$1,100,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,100,000 Last Modified: 7/11/2026

Overview

Description

Central Phoenix 4 Unit Property Near Melrose & Light Rail Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has to offer. Minutes from Uptown dining, shopping, entertainment, and transit, the property attracts renters seeking convenience and urban living. Each unit offers comfortable living spaces, on site parking, and easy access to I-17 and downtown. A rare opportunity to own a multi unit property in a high demand rental corridor with strong long term appreciation.

Listing Details MLS# 6992526

Location, Tax & Legal

House Number: 3630
Compass: N
Street Name: 15TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 5864
Country: US
County Code: Maricopa
Subdivision: WESTWOOD TERRACE
Assessor Number: 110-09-030-A
Tax Year: 2025
Assessor's Map #: 9
Legal Description (Abbrev): WESTWOOD TERRACE MCR 46/16 N2 LOT 32
Assessor's Parcel #: 30
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110400
Taxes: 2108
Legal: WESTWOOD TERRACE MCR 46/16 N2 LOT 32
Marketing Name: WESTWOOD TERRACE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 11900
Year Built: 1966
Uncvrd Parking Spcs: 2
Total # of Units: 4
# of Buildings: Yes
Zoning: C-O
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: Camelback Rd & 15th Ave:
Directions: Head south on 15th Ave. Continue past Missouri Ave. Property will be on the east side of the street just south of Monterey Way.

Legal Info

Township: 2N
Range: 3E
Section: 30
Lot Number: 32

Income Expenses

Gross Annual Sch Inc: 76260
Net Operating Income: 66813

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 1420
Avg SqFt: 600
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1670
Avg SqFt: 900
# Baths: Yes

Project Type

Four Plex: Yes

Construction

Slump Block: Yes

Const - Finish

Painted: Yes

Roofing

Rolled: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 7400
Operating Exp: 9508
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 72447
Total Monthly Rental Income: 6355

Pmt & Rate Info

Cap Rate: 5.61
Equity: 1190000
Down Payment %: 100
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Green Landscaping: Yes
Desert Landscaping: Yes
Partially Fenced: Yes

Interior Features

Unfurnished: Yes

Tenant Pays

Gas: Yes
Electricity: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Free-Standing Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

1 Space/Unit: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
Conventional: Yes

Existing 1st Loan

Conventional: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Slump Block Const - Finish: Painted Roofing: Rolled Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Conventional New Financing: Cash; Conventional Environmental: None

Listing Office: Striker Realty

Last Updated: July - 11 - 2026