$660,000
UNDER CONTRACT

Estimated payment $3,771/month

Total Views 1,244
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Zachary Coty

Compass License #SA697361000 Listed on: 08/04/2026

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1983

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Central Heating
  • Separate Meters
  • Gas Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 17
  • Assessor Parcel Number 116-18-016

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0.186 acres / 8,100 sqft
  • Barkley Place Subdivision

Building Details

  • Operating Expense $12,691
  • Gross Income $51,565
  • Net Operating Income $38,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,803

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 15th Street & Fillmore St
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2025
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: BARKLEY PLACE
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Electric
  • Road Surface Type:Road Surface Type: Asphalt, Concrete
  • Electric:Electric: APS, Individual Meter, SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Total Bedrooms: 8

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Slump Block, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • Parking Features:Parking Features: On Street, >1 Space Per Unit

Utilities

  • Electric: APS, Individual Meter, SRP
  • Cooling: Electric
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Gas:Gas: City Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 4320.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.186 acres / 8,100 sqft
  • Additional Parcels: No
  • Parcel #: 116-18-016

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 51565.2
  • Insurance Expense: 2250.0
  • Maintenance Expense: 4318.0
  • Property Net Operating Income: 38874.0
  • Annual Operating Expense: 12691.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1803.0
  • Tax Book Number: 116.0
  • Tax Lot: 17

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,803 $12,691
2024 $1,681 $12,086
2023 $1,681 $50,350 $10,070 $40,280
2022 $1,621 $35,150 $7,030 $28,120
2021 $1,609 $29,250 $5,850 $23,400
2020 $1,627 $27,350 $5,470 $21,880
2019 $1,625 $19,900 $3,980 $15,920
2018 $1,597 $16,010 $3,200 $12,810
2017 $1,560 $14,570 $2,910 $11,660
2016 $1,515 $12,150 $2,430 $9,720
2015 $1,402 $11,530 $2,300 $9,230
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2026 08/04/26 For Sale $660,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed $160,000 Clear Title Agency Of Arizon
Quit Claim Deed -- None Available
Cash Sale Deed $57,500 Old Republic Title Agency
Trustee Deed $201,978 First American Title
Warranty Deed $190,000 Security Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $188,500 Unknown
Previous Owner $161,500 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7062340

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-016

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