4012 N 15TH Avenue, Phoenix, AZ 85015
$1,050,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,050,000
Last Modified:
5/08/2025
Description
4012 N 15th Ave is a 5-Unit apartment community built in 1959. Comprised 100% of spacious 2-Bed/1-Bath units, each of which boasts 800 sq ft of living space and vaulted ceilings. This block construction apartment building was extensively renovated in 2023. Interiors were remodeled with new flooring, cabinets, countertops, SS appliances, bathrooms/showers, plumbing, doors, and more. The exterior of the building was enhanced with all new paint/finishes, roof, desert landscaping, a newly rebuilt carport, electrical upgrades, two new HVAC units, and the addition of a shared community laundry space. Tenants also enjoy large private/gated back patios and covered parking spaces. All work was completed by a licensed general contractor and was recently inspected and approved by the City of Phoenix
More Information MLS# 6584113
Contract Info
Current Price: $1,050,000
Sold Price: $1,050,000
Status: Closed
List Date: 2023-07-24
Ownership: Fee Simple
Location Tax Legal
House Number: 4012
Compass: N
Street Name: 15TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 5210
Country: US
County Code: Maricopa
Subdivision: PARK FAIRMONT AMD
Assessor Number: 110-08-014
Tax Year: 2022
General Property Description
Lot Size Dimensions: 10723
Year Built: 1959
Total # of Units: 5
# of Buildings: 1
Zoning: R-5
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: North 15th Avenue & West Indian School Road
Geo Lat: 33.493646
Geo Lon: -112.091715
Status Change Info
Status Change Date: 2024-05-17
Off Market Date: 2024-05-17
Under Contract Date: 2024-03-05
Close of Escrow Date: 2024-05-16
Sold Price: $1,050,000
Legal Info
Township: 2N
Range: 3E
Section: 30
Block: 2
Lot Number: 2
Income Expenses
Gross Annual Sch Inc: 99000
Net Operating Income: 74744
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 1650
Avg SqFt: 800
# Baths: 1
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Partially Fenced; Separate Storage
Interior Amenities: Unfurnished
Appliances Included: Built-In Range; Refrigerator; Washer/Dryer
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Individual Meter
Gas: Individual Meter
Parking Features: Carport; 1 Space/Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Conventional
Environmental: None
Listing Office: ABI Multifamily
Last Updated: May - 08 - 2025
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