4028 S 15th St

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Description

Turnkey investment opportunity with 8 of 9 units already 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,...Turnkey investment opportunity with 8 of 9 units already 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.
  1. Listed by Sheyla A Sanchez-Jimenez • Brokerage DRE #LC707616000 • Valley Views RE
    P: (347)-686-4969 C: (347)-686-4969 sheyla@realestateguides.com

Property Details for 4028 South 15th Street

Subdivision Name
NORMAN ACRES
View YN
No
Zoning
R-4
LISTING UPDATED: 02/04/2026 08:34 PM

Property Details for 4028 South 15th Street

StatusActive
MLS #6972367
Days on Market18
Taxes$686 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built1961
Lot Size0.31 AC / 13,572 SF
CountyMaricopa County

Location

Listing Courtesy of Valley Views RE
Add your commute

Building Information for 4028 South 15th Street

Stories-Residences9Year Built1961Building Size-Lot Size0.31 AC / 13,572 SF

Payment Calculator

$6,149 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,092

Property Taxes

$57

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4028 South 15th Street

Summary
Location and General Information
  • Unparsed Address: 4028 S 15TH Street, Phoenix, AZ 85040
  • City: Phoenix
  • Coordinates: -112.0497, 33.409289
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: BROADWAY & 16TH ST.
  • Latitude: 33.409289
  • Longitude: -112.0497
  • Postal City: Phoenix
  • Postal Code: 85040
  • Postal Code Plus4: 1380
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,961
Taxes and HOA
  • Tax Annual Amount: $686.00
  • Tax Book Number: 113.00
  • Tax Legal Description: NORMAN ACRES LOT 1 BLK 2 S 70'
  • Tax Lot: 1
  • Tax Year: 2,024
Parking
  • Covered Spaces: 8
  • Garage YN: No
  • Open Parking Spaces: 6
  • Open Parking YN: Yes
  • Parking Features: See Remarks, Free, Assigned, >1 Space Per Unit, Carport
  • Parking Total: 14
School Information
  • Elementary School District: Roosevelt Elementary District
  • High School: South Mountain High School
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 13,572
Property and Assessments
  • Disclosures: None
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 11327020
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 21
  • Public Survey Township: 1N
  • Road Surface Type: Concrete, Gravel
Utilities
  • Electric: SRP
  • Electric Expense: $14,829.60
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $8,076.00
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Wood Frame, Painted, Stucco, Block
  • Number Of Buildings: 5
  • Number Of Units Total: 9
  • Roof: Composition
  • Security Features: Security Light(s)
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Central Air, Individual
  • Cooling YN: Yes
  • Flooring: Ceramic Tile
  • Heating: Electric
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gardner Expense: $.00
  • Gross Income: $96,607.00
  • Gross Scheduled Income: $96,607.00
  • Insurance Expense: $4,980.00
  • Maintenance Expense: $.00
  • Net Operating Income: $133,200.00
  • Operating Expense: $36,014.48
  • Other Expense: $1,442.88
  • Professional Management Expense: $6,000.00

Property History for 4028 South 15th Street

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

ARMLS #6972367

$1,250,000—
Sep 29, 2025

Withdrawn

ARMLS #6859878

$1,400,000—
May 5, 2025

Listed (Active)

ARMLS #6859878

$1,400,000—
Jul 10, 2024

Sold (Public Record)

Public Record #1535877645

$550,000

+14.8% / yr

Jun 21, 2013

Sold

ARMLS #4848582

$120,000—
Jun 19, 2013

Sold (Public Record)

Public Record #355191706

$120,000

+40.8% / yr

May 13, 2013

Pending

ARMLS #4848582

—
Nov 12, 2012

Listed (Active)

ARMLS #4848582

$150,000—
Jan 8, 2010

Sold

ARMLS #4244580

$36,100—
Dec 15, 2009

Sold (Public Record)

Public Record #281160580

$36,100

-42.7% / yr

Dec 10, 2009

Pending

ARMLS #4244580

—
Aug 26, 2009

Listed (Active)

ARMLS #4244580

$85,000—
Apr 18, 2008

Withdrawn

ARMLS #2855103

$295,000—
Oct 1, 2007

Listed (Active)

ARMLS #2855103

$375,000—
Jun 27, 2007

Withdrawn

ARMLS #2609502

$358,876—
Sep 5, 2006

Listed (Active)

ARMLS #2609502

$359,900—
Sep 1, 2006

Sold

ARMLS #2365252

$230,000—
Aug 17, 2006

Sold (Public Record)

Public Record #200800271

$230,000—
Jan 11, 2006

Pending

ARMLS #2365252

—
Aug 18, 2005

Listed (Active)

ARMLS #2365252

$275,000—
May 1, 2003

Withdrawn

ARMLS #1900379

$170,000—
Nov 17, 2002

Listed (Active)

ARMLS #1900379

$170,000—
Aug 30, 2002

Sold

ARMLS #1854946

$110,000—
Aug 30, 2002

Pending

ARMLS #1854946

—
Aug 29, 2002

Sold

ARMLS #1854946

$110,000—
Aug 29, 2002

Pending

ARMLS #1854946

—
Aug 6, 2002

Listed (Active)

ARMLS #1854946

$120,000—
Feb 2, 2001

Withdrawn

ARMLS #1580918

$120,000—
Feb 2, 2001

Withdrawn

ARMLS #1580910

$120,000—
Dec 27, 2000

Listed (Active)

ARMLS #1580918

$120,000—
Dec 27, 2000

Listed (Active)

ARMLS #1580910

$120,000—
DateEvent & SourcePrice
01/21/2026

Listed (Active)

ARMLS #6972367

$1,250,000
09/29/2025

Withdrawn

ARMLS #6859878

$1,400,000
05/05/2025

Listed (Active)

ARMLS #6859878

$1,400,000
07/10/2024

Sold (Public Record)

Public Record #1535877645

$550,000

+14.8% / yr

06/21/2013

Sold

ARMLS #4848582

$120,000
06/19/2013

Sold (Public Record)

Public Record #355191706

$120,000

+40.8% / yr

05/13/2013

Pending

ARMLS #4848582

—
11/12/2012

Listed (Active)

ARMLS #4848582

$150,000
01/08/2010

Sold

ARMLS #4244580

$36,100
12/15/2009

Sold (Public Record)

Public Record #281160580

$36,100

-42.7% / yr

12/10/2009

Pending

ARMLS #4244580

—
08/26/2009

Listed (Active)

ARMLS #4244580

$85,000
04/18/2008

Withdrawn

ARMLS #2855103

$295,000
10/01/2007

Listed (Active)

ARMLS #2855103

$375,000
06/27/2007

Withdrawn

ARMLS #2609502

$358,876
09/05/2006

Listed (Active)

ARMLS #2609502

$359,900
09/01/2006

Sold

ARMLS #2365252

$230,000
08/17/2006

Sold (Public Record)

Public Record #200800271

$230,000
01/11/2006

Pending

ARMLS #2365252

—
08/18/2005

Listed (Active)

ARMLS #2365252

$275,000
05/01/2003

Withdrawn

ARMLS #1900379

$170,000
11/17/2002

Listed (Active)

ARMLS #1900379

$170,000
08/30/2002

Sold

ARMLS #1854946

$110,000
08/30/2002

Pending

ARMLS #1854946

—
08/29/2002

Sold

ARMLS #1854946

$110,000
08/29/2002

Pending

ARMLS #1854946

—
08/06/2002

Listed (Active)

ARMLS #1854946

$120,000
02/02/2001

Withdrawn

ARMLS #1580918

$120,000
02/02/2001

Withdrawn

ARMLS #1580910

$120,000
12/27/2000

Listed (Active)

ARMLS #1580918

$120,000
12/27/2000

Listed (Active)

ARMLS #1580910

$120,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4028 South 15th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$704 ($59 / month)
Home Facts
Beds0Total Finished SqFt1,056 SqFtAbove Grade Finished SqFt1,056 SqFtStories1Lot Size13,572 SqFtStyleTownhouseYear Built1961ZoningR-4CountyMARICOPAAPN113-27-020

Schools near 4028 South 15th Street

This home is within Roosevelt Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Irene Lopez School
PublicPK to 8

South Mountain High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Amy L. Houston Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4028 South 15th Street is a multi-family home for sale in Phoenix, AZ 85040. This property was listed for sale on January 21, 2026 by Valley Views RE, it's currently listed at $1,250,000. It has been on the market for a total of 18 days and was last sold on July 10, 2024. This listing's school districts are Phoenix Union High School District, Roosevelt Elementary District. Nearby schools include Irene Lopez School, South Mountain High School and Phoenix Coding Academy. 4028 South 15th Street is a 0-bed, 0-bath, multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Valley Views RE

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.