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4028 S 15th St - Investment Property 9 Unit Apartment Building Offered at $1,235,000 Phoenix, AZ 85040
Executive Summary
Turnkey investment opportunity with ALL 9 units ALREADY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout. Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.
Property Facts
| Price | $1,235,000 | Building Size | 13,572 SF |
| Price Per Unit | $137,222 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | High Vacancy Property | Year Built/Renovated | 1961/2024 |
| No. Units | 9 | Parking Ratio | 1.18/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $1,235,000 |
| Price Per Unit | $137,222 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 9 |
| Property Type | Multifamily |
| Building Size | 13,572 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1961/2024 |
| Parking Ratio | 1.18/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Satellite TV
- Range
- Yard
- Family Room
- Pantry
Site Amenities
- 24 Hour Access
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $1,950 | 950 |
| 1+1 | 2 | $1,150 | 520 |
| Studios | 3 | $1,150 | 330 |
| 1+1 | 4 | $1,450 | 750 |
| 1+1 | 5 | $1,450 | 750 |
| 1+1 | 6 | $1,450 | 750 |
| 1+1 | 7 | $1,450 | 750 |
| 2+2 | 8 | $1,450 | 850 |
| 2+2 | 9 | $1,450 | 850 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 113-27-020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,669 |
Property Taxes
Parcel Number
113-27-020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,669
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4028 S 15th St - Investment Property
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