3836 N 15TH Avenue Phoenix, AZ ^$ 875,000

3836 N 15TH Avenue

^$ 875,000

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Recently Listed

3836 N 15TH Avenue

Phoenix, AZ, 85015

^$ 875,000

Bedrooms8 Baths0.0

Monthly Estimate*

^$ 6,043

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Multi-Family Home for sale in Phoenix, AZ

for $875,000 with 8 bedrooms. This home was built in 1950.

Excellent opportunity to own a fourplex in Central Phoenix! This multifamily property features four 2-bedroom, 1-bathroom units, a newer roof, and rehabbed units. With two units currently vacant, this property offers flexibility for both investors and owner-occupants. Live in one unit while collecting rental income from the other three to help offset your mortgage, or lease all four units to maximize income potential. Ideal for buyers looking to build equity and expand their real estate portfolio. Conveniently located near Downtown Phoenix, shopping, dining, and major transportation corridors. Great opportunity to own an income-producing property with recent improvements and immediate occupancy potential!

Multi-Family Active

Price

^$ 875,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,067

Style

Multiple Dwellings

Year Built

1950

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7105881

Features

General

Sewer Public Sewer

Heating Electric Natural Gas

Cooling Central Air Electric

Roof Composition

Zoning MULTI-FAMILY

Construction Materials Brick

Year Built 1950

Electric APS

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 46800.0

Community Features No Pool

County Maricopa

Net Operating Income 66000.0

Operating Expense 5398.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name WESTWOOD TERRACE

Garage Y/N N

Status Active

Directions From Indian School Rd and 15th Ave head south on 15th Ave. Property is located on the west side of the street at 3836 N 15th Ave. Compass

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 2067.0

Water Sewer Expense 3331.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Osborn Elementary District

Tax Lot 37

Cap Rate 7.54

New Financing: Conventional True

Senior Community N

New Financing: FHA True

Interior

Flooring Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Total Bedrooms 8

Total Baths 4

Exterior

Parking Features Assigned 1 Space/Unit

Water Source City Franchise

Total Parking 4.0

Number of Buildings 1

Spa N

Lot Dimensions 11900

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3836

* Excluded Features

List By

Gile Commercial Real Estate

Broker

LUIS@GILECRE.COM

Affordability Calculator

$6,216

Per Month

Monthly Principal & Interest: $6,043
Monthly Property Taxes: $172
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,119,334

Percent of Sale Price 28%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2026	$875,000		Listed Price

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3836 N 15TH Avenue, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $875,000. 3836 N 15TH Avenue has 8 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 85015 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is 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.

Data is updated as of 11/13/2026.

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3836 N 15TH Avenue

Multi-Family Home for sale in Phoenix, AZ

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