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$2,999,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 32 Total Beds
  • Updated 6 hours ago
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Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Under $125,000/door & less than $200/sq ft. Unit mix consists of (8) very large 2 bed units; (10) 1 bed units; & (6) large studio units (15,000 total sq ft). The complex underperformed in 2025 with a low NOI. However, Palm Square 24 is now 100% occupied with $21,200 gross rents in place for August 2026. Forward pro forma close to a 6 CAP. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PHX.

Full Property Details for 4815 N 15th Ave

General

  • Price: $2,999,000
  • Taxes: $7,236 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7072051
  • Updated: Today (8/27/2026)
  • Added to Site: Today

Interior

  • Appliances: Free-Standing Range, Refrigerator, See Remarks, Washer/Dryer, Washer and Dryer Hookups
  • Flooring: Tile, Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 24

Bedrooms

  • Total Bedrooms: 32

Additional Information

  • Security/Safety: Security Light(s)

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: COX ESTATES 2
  • Cross Streets: 15th Ave and Camelback

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric, Individual
  • Heating Type: Forced Air, Individual, Heat Pump

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 6
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1958

Lot Features

  • Lot Dimensions: 1.09 acres
  • Frontage: Asphalt
  • Zoning: R-4

Financial Considerations

  • Tax Amount: $7,236
  • Tax Year: 2025
  • Terms: Conventional
  • Owner Pays: Other, Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: LOT 64 COX ESTATES 2 MCR 007242
  • Property ID: 155-44-069-B
  • Range: 3E
  • Section: 19
  • Lot Number: 64

Listed by Better Homes & Gardens Real Estate SJ Fowler

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Listing agent

— 4815 N 15th Ave —

  • Better Homes & Gardens Real Estate SJ Fowler

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4815 N 15th Ave

School Districts:Osborn Elementary District, Phoenix Union High School District
NameGradesDistance
Clarendon School
1225 West Clarendon Avenue, Phoenix, AZ 85013
4-61.2 mi
Encanto School
1426 West Osborn Road, Phoenix, AZ 85013
K-31.3 mi
Osborn Middle School
1102 West Highland Avenue, Phoenix, AZ 85013
7-80.2 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-121.1 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 4815 N 15th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/27/2026
Listed
$2,999,000
585.49%
MLS
12/09/2014
Sold
$437,500
—
Public Record
Get Price Alerts and Save Property
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 for 4815 N 15th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,114
—
$16,282
-81%
2025
$2,114
7%
$85,980
3%
2023
$1,974
1%
$83,755
32%
2022
$1,963
—
$63,310
45%
2022
$1,963
-2%
$43,790
15%
2021
$1,996
3%
$38,140
18%
2020
$1,946
5%
$32,290
14%
2019
$1,861
3%
$28,230
17%
2018
$1,800
9%
$24,070
15%
2017
$1,652
4%
$20,940
9%
2016
$1,594
8%
$19,290
12%
2015
$1,482
-5%
$17,250
18%
2014
$1,554
37%
$14,650
88%
2013
$1,131
—
$7,810
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Better Homes & Gardens Real Estate SJ Fowler

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4815 N 15th Avenue, Phoenix, AZ 85015 (MLS# 7072051) is a Multi-Family property with 24 units containing 32 bedrooms and 0 full bathrooms. 4815 N 15th Avenue is currently listed for $2,999,000 and was received on August 27, 2026. Want to learn more about 4815 N 15th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

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