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(480) 948-4711
(480) 948-4711 Email 6025580212
Jamie Gerdes
REALTOR®

4815 N 15th Avenue, Phoenix, AZ 85015

$2,999,000
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  • 4815 N 15th Avenue, Phoenix, AZ 85015 Main Photo

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BEDS32 BATHS MLS#7072051
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCOX ESTATES 2 SCHOOLPhoenix Union High School District
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Property Description

Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Under $125,000/door & less than $200/sq ft. Unit mix consists of (8) very large 2 bed units; (10) 1 bed units; & (6) large studio units (15,000 total sq ft). The complex underperformed in 2025 with a low NOI. However, Palm Square 24 is now 100% occupied with $21,200 gross rents in place for August 2026. Forward pro forma close to a 6 CAP. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PHX.

4815 N 15th Avenue | MLS# 7072051

This multi-family property located at 4815 N 15th Avenue, Phoenix, AZ 85015 is currently listed for sale with an asking price of $2,999,000. N 15th Avenue is located within the Phoenix Union High School District school district. Search Phoenix real estate on jgerdes.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric, Varies by Unit
Heating: Heat Pump, Varies by Unit, Forced Air
Roof Type: Composition
Taxes: $7,236
Year Built: 1958

Feature Descriptions

Community Features: No Pool, Other, Barbecue, See Remarks
Days on Site: 8
Exterior: Block, Painted
Parking: >1 Space Per Unit
Water: City Franchise

Local Schools

School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: Better Homes & Gardens Real Estate SJ Fowler
Agency Phone: 480-649-3536

Shown By

Agent Name: Jamie Gerdes
Agent Phone: (480) 948-4711
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 8,152.18 per month $6,674.47 Principal & Interest $603.00 Property Tax $874.71 Homeowner's Insurance

Change Payment Information

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Jamie Gerdes
Jamie Gerdes Cell: (602) 558-0212 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/04/2026. The listing information on this page last changed on 09/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/04/2026 4:05:38 PM EST) or ARMLS (last updated Fri 09/04/2026 3:55:00 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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