377 N 15th Street, Phoenix, AZ 85006

$660,000
8
BD
4
BA

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List Price
$660,000
Days on Market
0
Status
ACTIVE
MLS#
7062340
City
Phoenix
Bedrooms
8
Bathrooms
4
Subdivision
Barkley Place
Year Built
1983

Property Description

The 15th Street fourplex consists of four 2-bedroom, 1-bath units, each approximately 650 square feet. Average rents are $1,107 per unit, producing gross annual income of approximately $53,160. Operating expenses are low, with the owner responsible only for water, sewer, and trash. Three of the four units have been renovated, and two HVAC systems have been replaced within the last 2-4 years. Located in the highly desirable Garfield Historic District, the property offers historic charm, excellent walkability, and close proximity to Roosevelt Row, making it an attractive investment with strong long-term upside in one of downtown Phoenix's most sought-after neighborhoods.

Additional Information

Community Features
No Pool
Construction
Block, Slump Block, Stucco
Cooling
Electric
Electric
APS, Individual Meter, SRP
Heating
Central
New Financing
Conventional, 1031 Exchange, No Carry, Cash
Parking Features
On Street, >1 Space Per Unit
Roofing
Composition
Subdivision
Barkley Place
Taxes
$1,803
Tax Year
2025
Tenant Pays
Electricity
Units
4
Water
Master Meter
Zoning
R-4

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Calculator source: Real Geeks

Listing courtesy of Compass.

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