For Sale Multi-Family MLS# 7064669

830 S 15TH Avenue

Phoenix, AZ 85007

$711,000

About 830 S 15TH Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1946
Original price
$711,000
MLS #
7064669

Interior

Features
Central Air, Ceiling Fan(s), Electric, Individual, Electric, Tile, Vinyl
Flooring
Tile, Vinyl
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Electric, Individual

Exterior & lot

Features
Off Street, Carport, Parking spaces: 5
Construction
Painted, Stucco, Block, Composition
Roof
Composition
Lot
R3, 11214081C
Parking
Off Street, Carport

Schools

District
Phoenix Elementary District

Utilities

Utilities
Public Sewer, Master Meter, City Franchise
Water
Master Meter, City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,518
Tax year
2025
Parcel
11214081C

Location

Subdivision
STEVE RAYBURN SUBDIVISION
County
Maricopa
Neighborhood
Central City South
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District

Location

Neighborhood
Central City South
Subdivision
STEVE RAYBURN SUBDIVISION
School district
Phoenix Elementary District

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Listed by Ari Verma, Fathom Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.