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4711 N 15th Ave 2,034 SF Specialty Building Offered at $850,000 at a 3.48% Cap Rate in Phoenix, AZ 85015
Investment Highlights
- Fully occupied triplex with stable in-place income
- Located in central Phoenix, near major retail corridors, schools, and employment centers
- Additional revenue: utility reimbursements, laundry income, pet rent/admin fees, renewal fees
- Significant value-add opportunity with path toward increased density and future development potential
- Strong central Phoenix infill location with access to schools, parks, and retail corridors
Property Facts
| Price | $850,000 | Lot Size | 0.22 AC |
| Price Per SF | $417.90 | Building Size | 2,034 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 3.48% | Year Built/Renovated | 1957/2020 |
| Property Type | Specialty | Parking Ratio | 1.47/1,000 SF |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-4 | ||
| Price | $850,000 |
| Price Per SF | $417.90 |
| Sale Type | Investment |
| Cap Rate | 3.48% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 2,034 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1957/2020 |
| Parking Ratio | 1.47/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 155-44-076 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,672 |
Property Taxes
Parcel Number
155-44-076
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,672
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4711 N 15th Ave
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