4012 N 15TH Avenue, Phoenix, AZ 85015
$1,185,000
Property Type:
Multiple Dwellings
Bedrooms:
10
Baths:
5
Status:
Active
Current Price:
$1,185,000
Last Modified:
8/07/2026
Overview
Description
Listing Details MLS# 7063520
Location, Tax & Legal
- House Number
- 4012
- Compass
- N
- Street Name
- 15TH
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85015
- Zip4
- 5210
- Country
- US
- County Code
- Maricopa
- Subdivision
- PARK FAIRMONT AMD
- Assessor Number
- 110-08-014
- Tax Year
- 2025
- Assessor's Map #
- 8
- Legal Description (Abbrev)
- LOT 2 BLOCK 2 PARK FAIRMONT AMD MCR 004848
- Assessor's Parcel #
- 14
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 110400
- Taxes
- 2669
- Legal
- LOT 2 2 PARK FAIRMONT AMD MCR 004848
- Marketing Name
- 5 UNIT ON 15HT
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 10723
- Year Built
- 1959
- Total # of Units
- 5
- # of Buildings
- Yes
- Zoning
- R-5
- Elementary School District
- Osborn Elementary District
- High School District
- Phoenix Union High School District
- Uncvrd Parking Spcs
- 0
Remarks Misc
- Cross Street
- North 15th Avenue & West Indian School Road
- Directions
- From 15th Ave & Indian School Rd, head south on 15th Ave, turn right (west) on Fairmount Ave. Property is located at 4012 N 15th Ave, Phoenix, AZ 85015.
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 30
- Block
- 2
- Lot Number
- 2
2 Bedroom Units
- # 2 Bedroom Units
- 5
- Avg Rent
- 1400
- Avg SqFt
- 800
- # Baths
- Yes
More Information
Structure
- Bedrooms Total
- 10
- Bathrooms Total
- 5
Income Expenses
- Gross Annual Sch Inc
- 81300
- Net Operating Income
- 74744
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Yes
- Phone Call
- Yes
Project Type
- 5 - 12 Units
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Wtr/Swr Exp
- 4500
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 7169
- Other Income
- 0
- Vacancy Allowance
- 0.04
- Adjusted Gross Inc
- 78048
- Total Monthly Rental Income
- 6775
Pmt & Rate Info
- Cap Rate
- 6.31
- Equity
- 1185000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
- Individual
- Yes
Cooling
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Partially Fenced
- Yes
- Separate Storage
- Yes
Interior Features
- Unfurnished
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- 1 Space/Unit
- Yes
Electric
- Individual Meter
- Yes
Gas
- Individual Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- Conventional
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Vinyl
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping; Partially Fenced; Separate Storage
Interior Features:
Unfurnished
Appliances Included:
Built-In Range; Refrigerator; Washer/Dryer
Heating:
Individual
Cooling:
Electric; Individual
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
Individual Meter
Gas:
Individual Meter
Parking Features:
Carport; 1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity; Gas
Source of Fincl Data:
Owner; Projected Proforma
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
New Financing:
Conventional
Environmental:
None
Listing Office:
Gile Commercial Real Estate
Last Updated: August - 07 - 2026
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