Search
Remodeled 4-Plex with Central Air
For Sale
Contact for pricing

1505 N 15th Ave, Phoenix, AZ 85007

Fully rented 4-plex features individual electric meters, tile finishes, and central air in all units.

Property SizeContact for details
Days on Market123

Property Features for 1505 N 15th Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 4

Amenities

tile flooring
central air conditioning
leased laundry equipment

Building Details

Tenancy Multi
Listing Agency: Grace CRE
Listed By: Sophia Willets · License #BR 64886600
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 1:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grace CRE

Investment Insights

Based on property information with market context.

This remodeled 4-plex is fully rented and offers three one-bedroom units. The property has been updated with tile and central air conditioning in every unit, and each unit is individually metered for electric. Leased laundry equipment is also included.

Located in the heart of the FQ historic district in central Phoenix, the building provides a straightforward, income-producing residential setup with current in-place rents that have not been increased to market levels. The current total rent is approximately $3,900 per month, and all figures are approximate; buyers should verify all information.

For configuration, the property currently includes three one-bedroom units within the 4-plex structure, each with central air and individually metered electric service.

Key Highlights

  • Fully rented 4‑plex in the FQ historic district of central Phoenix
  • Remodeled units with individual electric meters
  • All units feature tile finishes and central air conditioning

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Dental Office Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Fully rented 4-plex features individual electric meters, tile finishes, and central air in all units.
Where is this quadplex located?
The property is located at 1505 N 15th Ave Phoenix, AZ.
What are key features of this property?
This property features: Fully rented 4‑plex in the FQ historic district of central Phoenix; Remodeled units with individual electric meters; All units feature tile finishes and central air conditioning
(480) 567-4626 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message