Turnkey investment opportunity with ALL units FULLY 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.
For sale
Price cut: $5K (6/12)
$1,230,000
4028 S 15TH Street, Phoenix, AZ 85040
12beds
12baths
7,282sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
Modern finishes throughoutPrivate back patios
- 164 days |
- 109 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Sheyla A Sanchez-Jimenez 347-686-4969,
Valley Views RE
Source: ARMLS,MLS#: 6972367
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Electric
Cooling
- Central Air, Individual
Appliances
- Included: Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 7,282
- Total interior livable area: 7,282 sqft
Property
Parking
- Total spaces: 14
- Parking features: See Remarks, Free, Assigned, >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 8
- Uncovered spaces: 6
Lot
- Size: 0.31 Acres
- Dimensions: 13,572
Details
- Parcel number: 11327020
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Security: Security Lights
- Subdivision: NORMAN ACRES
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $550,500
- Annual tax amount: $686
- Date on market: 1/21/2026
- Cumulative days on market: 163 days
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $1,230,000-0.4%$169/sqft |
Source:  ARMLS #6972367 Report a problem | ||
| 3/27/2026 | Price change | $1,235,000-1.2%$170/sqft |
Source: ARMLS #6972367 Report a problem | ||
| 1/22/2026 | Listed for sale | $1,250,000-10.7%$172/sqft |
Source: ARMLS #6972367 Report a problem | ||
| 9/30/2025 | Listing removed | $1,400,000$192/sqft |
Source: ARMLS #6859878 Report a problem | ||
| 5/6/2025 | Listed for sale | $1,400,000+154.5%$192/sqft |
Source: ARMLS #6859878 Report a problem | ||
| 7/15/2024 | Sold | $550,000+120%$76/sqft |
Source: Public Record Report a problem | ||
| 11/1/2017 | Listing removed | $250,000$34/sqft |
Source: Delex Realty, LLC #5595427 Report a problem | ||
| 9/18/2017 | Price change | $250,000+8.7%$34/sqft |
Source: Delex Realty, LLC #5595427 Report a problem | ||
| 5/27/2017 | Price change | $230,000-8%$32/sqft |
Source: Delex Realty, LLC #5595427 Report a problem | ||
| 4/25/2017 | Listed for sale | $250,000+108.3%$34/sqft |
Source: Delex Realty, LLC #5595427 Report a problem | ||
| 5/14/2014 | Listing removed | $425 |
Source: Zillow Rental Network Report a problem | ||
| 4/11/2014 | Price change | $425-5.6% |
Source: Zillow Rental Network Report a problem | ||
| 2/23/2014 | Price change | $450-7% |
Source: Zillow Rental Network Report a problem | ||
| 2/20/2014 | Listed for rent | $484 |
Source: Zillow Rental Network Report a problem | ||
| 6/21/2013 | Sold | $120,000-4%$16/sqft |
Source: ARMLS #4848582 Report a problem | ||
| 4/6/2013 | Price change | $125,000-1.6%$17/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 4/4/2013 | Price change | $127,000-0.9%$17/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 4/2/2013 | Price change | $128,100-0.1%$18/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 3/26/2013 | Price change | $128,200-0.2%$18/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 3/14/2013 | Price change | $128,500-0.3%$18/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 3/9/2013 | Price change | $128,900-0.1%$18/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 3/6/2013 | Price change | $129,000-0.8%$18/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 3/2/2013 | Price change | $130,000-4.4%$18/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 2/23/2013 | Price change | $136,000+10.6%$19/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 2/21/2013 | Price change | $123,000-0.8%$17/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 2/14/2013 | Listed for sale | $124,000+243.5%$17/sqft |
Source: Realty One Group #4848582 Report a problem | ||
| 1/8/2010 | Sold | $36,100-82.2%$5/sqft |
Source: ARMLS #4244580 Report a problem | ||
| 11/12/2008 | Sold | $202,500-12%$28/sqft |
Source: Public Record Report a problem | ||
| 8/23/2006 | Sold | $230,000+109.1%$32/sqft |
Source: Public Record Report a problem | ||
| 9/13/2002 | Sold | $110,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $704 +2.7% | $55,050 +4.4% |
| 2024 | $686 +2.9% | $52,710 +1144.6% |
| 2023 | $666 +2% | $4,235 -81.6% |
| 2022 | $653 -0.8% | $23,070 +15.8% |
| 2021 | $658 +3.3% | $19,930 +22.9% |
| 2020 | $637 +2.8% | $16,220 +13.8% |
| 2019 | $620 | $14,250 +37.5% |
| 2018 | $620 +4.9% | $10,360 +13.5% |
| 2017 | $591 +11.7% | $9,130 +24.2% |
| 2016 | $529 -7.7% | $7,350 -7.5% |
| 2015 | $573 | $7,950 +256.5% |
| 2013 | -- | $2,230 -42.5% |
| 2012 | -- | $3,880 -74.4% |
| 2010 | -- | $15,178 -14.5% |
| 2009 | -- | $17,760 +36.7% |
| 2008 | -- | $12,994 +24.3% |
| 2007 | -- | $10,450 +50.1% |
| 2006 | -- | $6,961 |
| 2005 | -- | $6,961 +33.4% |
| 2003 | -- | $5,218 -0.1% |
| 2002 | -- | $5,224 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: South Mountain
Nearby schools
GreatSchools rating
- 4/10Irene Lopez SchoolGrades: PK-8Distance: 0.6 mi
- 2/10South Mountain High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- High: South Mountain High School
- District: Roosevelt Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85040
- South Mountain
- 4028 S 15TH Street
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