4020 S 15TH Street, Phoenix, AZ 85040 (MLS# 6972364)

4020 S 15TH Street, Phoenix, AZ 85040

$785,000

Property Type: Multiple Dwellings Bedrooms: 10 Baths: 10 Status: Active

Current Price: $785,000 Last Modified: 10/06/2026

Overview

Description

Turnkey income property featuring a fully remodeled duplex plus two brand-new mobile homes! Offering immediate rental income with ALL units ALREADY OCCUPIED! The duplex has been completely updated with new tile flooring, interior and exterior paint, new AC units, and modern kitchens with new cabinets, dishwashers, and in-unit washer and dryers, all with modern finishes throughout. Each unit offers a functional two-story layout with spacious living, dining, and kitchen areas, a half bath on the main level, and three bedrooms with two full baths upstairs. The property also includes two new mobile homes with two primary bedrooms, modern finishes, and in-unit laundry. Gated access with remote control! and 8 uncovered parking spaces. Ideal for investors seeking a stabilized, turnkey asse

Listing Details MLS# 6972364

Location, Tax & Legal

House Number: 4020
Compass: S
Street Name: 15TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1320
Country: US
County Code: Maricopa
Subdivision: NORMAN ACRES
Assessor Number: 113-27-019
Tax Year: 2024

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 10,450
Year Built: 2007
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 3
Zoning: R4
Flood Zone: No

Remarks Misc

Cross Street: Broadway/16th Street

Legal Info

Township: 1N
Range: 3E
Section: 21
Lot Number: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1450
Avg SqFt: 850
# Baths: 2

More Information

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 2300
Avg SqFt: 1200
# Baths: 3

Structure

Bedrooms Total: 10
Bathrooms Total: 10

Income Expenses

Gross Annual Sch Inc: 94800
Net Operating Income: 36000

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Duplex; Mobile Home Park Other Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s); Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Built-In Electric Oven; Refrigerator; Microwave; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: >1 Space Per Unit; Add'l Parking Avail; Other Road Surface Type: Gravel; Dirt; Asphalt Owner Pays: Water; Electric; Trash Collection Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Valley Views RE

Office Phone: 480-688-0915

Office Email: claudia@valleyviewsrealty.com

Last Updated: October - 06 - 2026