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
- 213 days |
- 131 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Sheyla A Sanchez-Jimenez 347-686-4969,
Valley Views RE
Source: ARMLS,MLS#: 6972367

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: 1/22/2026
- Cumulative days on market: 212 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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $1,230,000-0.4%$169/sqft |
Source: | ||
| 3/27/2026 | Price change | $1,235,000-1.2%$170/sqft |
Source: | ||
| 1/22/2026 | Listed for sale | $1,250,000-10.7%$172/sqft |
Source: | ||
| 9/30/2025 | Listing removed | $1,400,000$192/sqft |
Source: | ||
| 5/6/2025 | Listed for sale | $1,400,000+154.5%$192/sqft |
Source: | ||
| 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: | ||
| 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: | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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