4815 N 15TH Avenue, Phoenix AZ 85015
$2,799,000
Brokerage: Ivy Realty(623) 299-4954
1 / 24Home facts
- Price
- $2,799,000
- Status
- Active
- Beds
- 32
- Baths
- 24
- Year built
- 1958
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- COX ESTATES 2
- MLS #
- 7072051
Listed by Better Homes & Gardens Real Estate SJ Fowler · 480-649-3536
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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. Full stabilized. $116,625/door & less than $187/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. $21,200 gross rents currently with a 6.35 CAP rate. 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 PH
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Electric, Individual
Heating
Forced Air, Individual, Heat Pump
Electric
SRP
Flooring
Tile, Carpet, Vinyl
WaterSource
City Franchise
ParkingFeatures
>1 Space Per Unit
CommunityFeatures
Other, See Remarks, Barbecue, No Pool
ConstructionMaterials
Painted, Block
Map
Price and status history
| Date | Change | From → To |
|---|---|---|
| Sep 29, 2026 | Price | $2,999,000 → $2,799,000 |
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 4230 N 16TH Avenue | Sep 30, 2026 | $349,000 | 3/1 | 1,136 | American Realty Brokers |
| 4737 N 14TH Avenue | Sep 30, 2026 | $500,000 | 3/2 | 1,571 | Compass |
| 1203 W ORANGE Drive | Sep 29, 2026 | $465,000 | 3/2 | 1,312 | AZArchitecture/Jarson & Jarson |
| 5216 N 16th Lane | Sep 28, 2026 | $410,000 | 3/3 | 2,140 | Arizona International Real Estate |
| 929 W TURNEY Avenue | Sep 22, 2026 | $670,000 | 4/3 | 1,943 | My Home Group Real Estate |
| 817 W OREGON Avenue | Sep 15, 2026 | $562,000 | 3/2 | 1,476 | Realty ONE Group |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).