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Slump Block Triplex
For Sale
$600,000

1615 W DESERT COVE Avenue, Phoenix, AZ 85029

Two-building layout with covered parking, storage, laundry, and private backyards for each residence.

Property SizeContact for details
Days on Market120

Property Features for 1615 W DESERT COVE Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype MULTI_FAMILY

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $1,831

Amenities

storage/laundry room
generous sized back yard

Building Details

Year Built 1974
Buildings 2
Construction slump block
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Ulises Morales Sandoval · License #BR632595000
Source: Jcluxuryresidential
Added: Apr 15 Changed: Aug 11 Last Checked: Aug 11 at 12:08PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This triplex comprises two separate buildings: a standalone front residence and a rear structure containing two attached residences. All three units offer 2 bedrooms and 1 bath, along with a covered parking spot, storage/laundry room, and a generously sized backyard. Slump block construction and a 1974 build date complete the property profile.

The current lease terms are set to expire in June, and the existing tenants have expressed interest in extending their occupancy. The configuration also supports an owner-occupancy arrangement in one residence while the other two remain leased, subject to applicable requirements and lease terms.

Key Highlights

  • 3‑unit triplex arranged across 2 separate buildings
  • Each unit includes 2 bedrooms and 1 bath
  • Covered parking spot, storage/laundry room, and backyard for each unit

Property Analytics

Current Use

MOVING & DELIVERY SERVICE Moving Company Taqueria los gueros ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Cafe & Coffee Shop

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

629
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

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?
Triplex - Two-building layout with covered parking, storage, laundry, and private backyards for each residence.
Where is this triplex located?
The property is located at 1615 W DESERT COVE Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3‑unit triplex arranged across 2 separate buildings; Each unit includes 2 bedrooms and 1 bath; Covered parking spot, storage/laundry room, and backyard for each unit
More about this property
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