3630 N 15TH Avenue, Phoenix, AZ 85015 (MLS# 6992526)

3630 N 15TH Avenue, Phoenix, AZ 85015

$1,190,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,190,000 Last Modified: 3/03/2026

Description

Central Phoenix 4 Unit Property Near Melrose & Light Rail Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has to offer. Minutes from Uptown dining, shopping, entertainment, and transit, the property attracts renters seeking convenience and urban living. Each unit offers comfortable living spaces, on site parking, and easy access to I-17 and downtown. A rare opportunity to own a multi unit property in a high demand rental corridor with strong long term appreciation.

More Information MLS# 6992526

Contract Info

Ownership: Fee Simple Current Price: $1,190,000 List Price: $1,190,000 Status: Active List Date: 2026-03-03

Location, Tax & Legal

Assessor's Map #: 9 Legal Description (Abbrev): WESTWOOD TERRACE MCR 46/16 N2 LOT 32 Assessor's Parcel #: 30 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 110400 Taxes: 2108 Legal: WESTWOOD TERRACE MCR 46/16 N2 LOT 32 Marketing Name: WESTWOOD TERRACE House Number: 3630 Compass: N Street Name: 15TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85015 Zip4: 5864 County Code: Maricopa Subdivision: WESTWOOD TERRACE Assessor Number: 110-09-030-A Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 2 Lot Size Dimensions: 11900 Total # of Units: 4 Elementary School District: Osborn Elementary District High School District: Phoenix Union High School District Year Built: 1966 Zoning: C-O

Legal Info

Range: 3E Section: 30 Township: 2N Lot Number: 32

Project Type

Four Plex: 1

Construction

Slump Block: 1

Const - Finish

Painted: 1

Roofing

Rolled: 1

Floors

Vinyl: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Annual Other Expense: 7400 Operating Exp: 9508 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 72447 Total Monthly Rental Income: 6355

Pmt & Rate Info

Cap Rate: 5.61 Equity: 1190000 Down Payment %: 100 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Electric: 1

Exterior Amenities

Landscape Water System: 1 Green Landscaping: 1 Desert Landscaping: 1 Partially Fenced: 1

Interior Features

Unfurnished: 1

Tenant Pays

Gas: 1 Electricity: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Free-Standing Electric Oven: 1 Microwave: 1 Refrigerator: 1 W/D Hookup: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

1 Space/Unit: 1

Electric

APS: 1

Gas

SW Gas: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1

New Financing

Cash: 1 Conventional: 1

Existing 1st Loan

Conventional: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 1 Avg Rent: 1420 Avg SqFt: 600 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1670 Avg SqFt: 900 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: Camelback Rd & 15th Ave: Directions: Head south on 15th Ave. Continue past Missouri Ave. Property will be on the east side of the street just south of Monterey Way. Geo Lat: 33.490634 Geo Lon: -112.091741

Income Expenses

Gross Annual Sch Inc: 76260 Net Operating Income: 66813

Property Features

Project Type: Four Plex Construction: Slump Block Const - Finish: Painted Roofing: Rolled Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced Interior Features: Unfurnished Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Conventional New Financing: Cash; Conventional Environmental: None

Listing Office: Striker Realty

Last Updated: March - 03 - 2026