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Four-Unit Multifamily Property
For Sale
$650,000

10648 N 15TH Avenue, Phoenix, AZ 85029

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market48

Property Features for 10648 N 15TH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2
Appliances Built-In Range, Refrigerator
Subdivision DESERT COVE EXTENSION LOTS 5-12 21 24-28
Elementary school Shaw Butte School
Middle school Royal Palm Middle School
High school Sunnyslope High School
Elementary school district Washington Elementary School District
Middle school district Glendale Union High School District
High school district Glendale Union High School District
Directions From I-17 take exit 208 toward Peoria Ave, Merge onto N Black Cyn Hwy, Head East onto W Peoria Ave, Turn left onto N 15th Ave. Property will be on the left.
Standard status Active
APN 159-14-024

Taxes and HOA fees

Tax Year 2025
Tax Description DESERT COVE EXTENSION LOT 17 S2 NE4 EX E 10'
Tax Annual Amount 1448
Legal Description DESERT COVE EXTENSION LOT 17 S2 NE4 EX E 10'

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air

Amenities

off-street parking
mountain views

Building Details

Year built 1958
Number of units 4
Flooring type Tile
Building materials Stucco, Block
Roof type Composition
Listing Agency: Realty ONE Group
Listed By: Madeleine Fortich
Added: Jul 28 Changed: Sep 12 Last Checked: Sep 13 at 7:06PM
MLS# 7059467

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Phoenix quadplex contains four residential units: three with one bedroom and one bathroom each, plus a two-bedroom, one-bathroom unit. Interior features include tile flooring, central air conditioning, electric heating, built-in ranges, and refrigerators. The building was constructed in 1958 and uses stucco and block construction beneath a composition roof.

The property is located at 10648 N 15TH Avenue in Phoenix, with public sewer service and off-street parking. Mountain views are part of the setting, while shopping, dining, parks, and major commuter routes are identified nearby. The unit mix combines three one-bedroom residences with a larger two-bedroom layout.

Key Highlights

  • Four total units with three 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit
  • Off‑street parking included
  • Built in 1958 with stucco and block construction

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

Demographics for 85029, AZ

47,101
Population
19,723
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
5,011
Density / Sq Mi
$60,384
Median Household Income
$37,282
Median Earnings
$1,319
Median Rent
$307,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Mixed one- and two-bedroom layouts provide a varied residential configuration with off-street parking.
Where is this quadplex located?
The property is located at 10648 N 15TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four total units with three 1‑bedroom, 1‑bath units and one 2‑bedroom, 1‑bath unit; Off‑street parking included; Built in 1958 with stucco and block construction
More about this property
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