4012 N 15th Ave Phoenix, AZ 85015
North Encanto NeighborhoodEstimated payment $6,735/month
Highlights
- Outdoor Storage
- Desert Landscape
- Heating Available
- Partially Fenced Property
About This Home
Excellent Central Phoenix investment opportunity! Updated 5-unit multifamily property featuring spacious 2BD/1BA units. Units offer updated kitchens, bathrooms, flooring and appliances. Property includes covered parking, private outdoor areas and low-maintenance landscaping. Additional value-add opportunity with existing bonus space that could potentially be converted into an on-site laundry facility, creating an additional revenue stream while providing a desirable tenant amenity and supporting future rent growth. Alternatively, the space could be utilized as tenant storage for additional monthly rental income. Convenient Central Phoenix location near 15th Ave & Indian School Rd with easy access to Downtown Phoenix, freeways, shopping, dining and public transportation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,669
Year Built
- Built in 1959
Lot Details
- Partially Fenced Property
- Desert Landscape
Home Design
- Composition Roof
- Block Exterior
Parking
- 5 Parking Spaces
- Carport
- Parking Available
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Individual Gas Meter
Additional Features
- 10 Bedrooms
- Outdoor Storage
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Legal Lot and Block 2 / 2
- Assessor Parcel Number 110-08-014
Community Details
Overview
- 5 Units
- Building Dimensions are 10723
- Park Fairmont Amd Subdivision
Building Details
- Operating Expense $7,169
- Gross Income $78,048
- Net Operating Income $74,744
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,669 | $20,554 | ||
| 2024 | $2,492 | $19,575 | ||
| 2023 | $2,492 | $87,430 | $17,480 | $69,950 |
| 2022 | $2,414 | $58,780 | $11,750 | $47,030 |
| 2021 | $2,461 | $50,420 | $10,080 | $40,340 |
| 2020 | $2,398 | $41,700 | $8,340 | $33,360 |
| 2019 | $2,292 | $35,610 | $7,120 | $28,490 |
| 2018 | $2,215 | $30,800 | $6,160 | $24,640 |
| 2017 | $2,030 | $24,760 | $4,950 | $19,810 |
| 2016 | $1,957 | $21,520 | $4,300 | $17,220 |
| 2015 | $1,820 | $19,260 | $3,850 | $15,410 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2026 08/06/26 | For Sale | $1,185,000 | +12.9% | -- | |
| 05/16/2024 05/16/24 | Sold | $1,050,000 | -8.6% | $1,313 / Sq Ft | View Prior Sale |
| 04/25/2024 04/25/24 | Price Changed | $1,149,000 | 0.0% | $1,436 / Sq Ft | |
| 04/25/2024 04/25/24 | For Sale | $1,149,000 | 0.0% | $1,436 / Sq Ft | |
| 03/12/2024 03/12/24 | Price Changed | $1,149,000 | 0.0% | $1,436 / Sq Ft | |
| 03/12/2024 03/12/24 | For Sale | $1,149,000 | 0.0% | $1,436 / Sq Ft | |
| 01/25/2024 01/25/24 | For Sale | $1,149,000 | +9.4% | $1,436 / Sq Ft | |
| 01/25/2024 01/25/24 | Off Market | $1,050,000 | -- | -- | |
| 01/16/2024 01/16/24 | Price Changed | $1,149,000 | -0.1% | $1,436 / Sq Ft | |
| 01/02/2024 01/02/24 | Price Changed | $1,149,999 | 0.0% | $1,437 / Sq Ft | |
| 12/06/2023 12/06/23 | Price Changed | $1,150,000 | -3.4% | $1,438 / Sq Ft | |
| 11/27/2023 11/27/23 | Price Changed | $1,190,000 | -0.4% | $1,488 / Sq Ft | |
| 11/13/2023 11/13/23 | Price Changed | $1,195,000 | -3.6% | $1,494 / Sq Ft | |
| 11/06/2023 11/06/23 | Price Changed | $1,240,000 | -0.8% | $1,550 / Sq Ft | |
| 10/17/2023 10/17/23 | Price Changed | $1,250,000 | -3.4% | $1,563 / Sq Ft | |
| 08/28/2023 08/28/23 | Price Changed | $1,294,000 | -0.1% | $1,618 / Sq Ft | |
| 08/15/2023 08/15/23 | Price Changed | $1,295,000 | -7.2% | $1,619 / Sq Ft | |
| 07/25/2023 07/25/23 | For Sale | $1,395,000 | -- | $1,744 / Sq Ft |
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 | $1,050,000 | Title Services Of The Valley | |
| Warranty Deed | $880,000 | Driggs Title Agency | |
| Warranty Deed | $210,000 | Security Title Agency | |
| Warranty Deed | $151,000 | Nations Title Insurance | |
| Interfamily Deed Transfer | -- | -- | |
| Joint Tenancy Deed | $80,000 | United Title Agency |
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 | $720,000 | New Conventional | |
| Previous Owner | $720,000 | New Conventional | |
| Previous Owner | $918,000 | New Conventional | |
| Previous Owner | $180,000 | Commercial | |
| Previous Owner | $175,000 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7063520
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 3845 N 15th Ave
- 1407-09-11 W Indian School Rd
- 1306 W Clarendon Ave
- 3630 N 15th Ave
- 4015 N 12th Ave
- 1701 W Fairmount Ave
- 1109 W Indian School Rd
- 3602 N 15th Ave
- 1146 W Mackenzie Dr
- 3608 N 13th Ave
- 4119 N 11th Ave
- 4230 N 16th Ave
- 1607 W Whitton Ave
- 3413 N 16th Dr
- 1721 W Weldon Ave
- 4138 N 18th Ave
- 3824 N 8th Ave
- 846 W Mitchell Dr
- 1107 W Osborn Rd Unit 118
- 1322 W Flower St
- 4001 N 15th Ave Unit B
- 3846 N 14th Ave
- 4009 N 13th Ave
- 1116 W Indian School Rd
- 4202 N 16th Dr Unit Bel Air Casita
- 4213 N Westview Dr
- 4213 N Westview Dr
- 1723 W Indianola Ave
- 842 W Fairmount Ave
- 1349 W Osborn Rd Unit 6
- 4115 N 18th Dr
- 749 W Mackenzie Dr
- 1530 W Mulberry Dr
- 1615 W Osborn Rd Unit 3
- 849 W Mitchell Dr
- 849 W Mitchell Dr
- 1722 W Osborn Rd
- 1640 W Mulberry Dr
- 1711 W Montecito Ave
- 4327 N 17th Ave
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