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34-Unit Townhome-Style Apartment Community
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15427 N Jerry St, Surprise, AZ 85378

Two-bedroom layouts feature private patios and in-suite laundry.

Property SizeContact for details
Days on Market145

Property Features for 15427 N Jerry St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 34 x 2BR townhome-style
Multifamily Units 34

Amenities

private patios
in-suite laundry

Building Details

Year Built 1987
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Paul Bay · License #AZ SA671037000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:39AM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

This multifamily community contains 34 two-bedroom, townhome-style residences, each measuring 920 square feet. Private patios and in-suite laundry are included across the unit mix. Constructed in 1987, the property has 29 residences with completed interior renovations, while five classic units remain available for future updates.

The community is positioned just east of the Grand Avenue and Bell Road intersection, with direct exposure along Grand Avenue. Access to Loop 303 and Loop 101 connects the property with employment areas identified along the Loop 303, Bell Road, and South Peoria corridors. The address is 15427 N Jerry St, Surprise, AZ 85378.

Key Highlights

  • 34‑unit multifamily community with 100% two‑bedroom townhome‑style units
  • Each residence measures 920 square feet and includes a private patio and in‑suite laundry
  • 29 of 34 units have received full interior renovations

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Pharmacy Big Box & Wholesale Store

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

34
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 85378, AZ

9,368
Population
4,671
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
85%
High-School Grad
3.6 sq mi
ZIP Area
2,602
Density / Sq Mi
$62,881
Median Household Income
$39,942
Median Earnings
$1,369
Median Rent
$235,200
Median Home Value

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?
Apartment building - Two-bedroom layouts feature private patios and in-suite laundry.
Where is this apartment building located?
The property is located at 15427 N Jerry St Surprise, AZ.
What are key features of this property?
This property features: 34‑unit multifamily community with 100% two‑bedroom townhome‑style units; Each residence measures 920 square feet and includes a private patio and in‑suite laundry; 29 of 34 units have received full interior renovations
More about this property
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