Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area.
All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.
For sale
$711,000
830 S 15TH Avenue, Phoenix, AZ 85007
5beds
3baths
--sqft
Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Updated finishes throughout
- 18 days
- 80
- 2
Zillow last checked:
Listing updated:
Listed by:
Ari Verma 520-979-4301,
Fathom Realty
Source: ARMLS,MLS#: 7064669

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Electric, Individual
Appliances
- Included: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Features
- Flooring: Tile, Vinyl
Property
Parking
- Total spaces: 5
- Parking features: Off Street, Carport
- Has carport: Yes
- Covered spaces: 1
- Uncovered spaces: 4
Lot
- Size: 8,093 Square Feet
- Dimensions: 8,093 sqft
Details
- Parcel number: 11214081C
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1946
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: STEVE RAYBURN SUBDIVISION
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $201,200
- Annual tax amount: $1,518
- Date on market: 8/10/2026
- Listing terms: Conventional,1031 Exchange,FHA
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $711,000+0.1% |
Source: | ||
| 4/12/2026 | Listing removed | $709,999 |
Source: | ||
| 3/17/2026 | Price change | $709,999-4.1% |
Source: | ||
| 3/3/2026 | Price change | $739,999-1.3% |
Source: | ||
| 2/16/2026 | Listed for sale | $750,000+167.9% |
Source: | ||
| 8/27/2025 | Listing removed | $1,750 |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Listed for rent | $1,750-1.1% |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Listing removed | $1,770 |
Source: Zillow Rentals Report a problem | ||
| 5/6/2025 | Listed for rent | $1,770+1.1% |
Source: Zillow Rentals Report a problem | ||
| 3/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/21/2023 | Listed for rent | $1,750 |
Source: Zillow Rentals Report a problem | ||
| 12/29/2021 | Sold | $280,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,518 +6.2% | $20,120 -6.7% |
| 2024 | $1,429 +1% | $21,570 +122.5% |
| 2023 | $1,416 +496.1% | $9,696 +33.9% |
| 2022 | $237 | $7,242 |
Find assessor info on the county website
Monthly payment
Est. payment







