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$1,235,000
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Property Description
Turnkey investment opportunity with ALL 9 units ALREADY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout. Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.
Full Property Details
Full Property Details for 4028 S 15th St
General
- Price: $1,235,000
- Taxes: $686 (2024)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6972367
- Updated: 3/27/2026
- Added to Site: 77 day(s) ago
Interior
- Appliances: Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Ceramic Tile
Additional Information
- Security/Safety: Security Light(s)
Parking
- Parking Features: See Remarks, Free, Assigned, >1 Space Per Unit, Carport
Location
- County: Maricopa
- Township: 1N
- Subdivision: NORMAN ACRES
- Cross Streets: BROADWAY & 16TH ST.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Individual
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 5
- Exterior Const.: Wood Frame, Painted, Stucco, Block
- Roof: Composition
- Year Built: 1961
Lot Features
- Lot Dimensions: 13572
- Frontage: Concrete, Gravel
- Zoning: R-4
Financial Considerations
- Tax Amount: $686
- Tax Year: 2024
- Terms: Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: See Remarks, Electricity, Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: NORMAN ACRES LOT 1 BLK 2 S 70'
- Property ID: 113-27-020
- Range: 3E
- Section: 21
- Lot Number: 1
Listed by Valley Views RE
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Schools
Schools serving 4028 S 15th St
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Irene Lopez School 4610 South 12th Street, Phoenix, AZ 85040 | K-8 | 0.6 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4028 S 15th St
Date
Details
Price
Change
Source
3/27/2026
Price Reduced
$1,235,000
-1.2%
MLS
1/22/2026
Listed
$1,250,000
127.27%
MLS
7/10/2024
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4028 S 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$704
3%
$54,750
-1%
2024
$686
5%
$55,050
4%
2022
$653
—
$52,710
34%
2022
$653
—
$39,270
70%
2022
$653
-2%
$23,070
16%
2021
$666
1%
$19,930
23%
2020
$658
3%
$16,220
14%
2019
$637
3%
$14,250
38%
2018
$620
5%
$10,360
13%
2017
$590
5%
$9,130
24%
2016
$562
6%
$7,350
-8%
2015
$529
-8%
$7,950
88%
2014
$573
58%
$4,230
90%
2013
$362
—
$2,230
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4028 S 15th St
4028 S 15th Street, Phoenix, AZ 85040 (MLS# 6972367) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 4028 S 15th Street is currently listed for $1,235,000 and was received on January 22, 2026. Want to learn more about 4028 S 15th Street? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

