MLS# 6972364 – 4020 S 15th Street, Phoenix, AZ 85040

Price: $785,000
Units: 4
Status: Active
Year Built: 2007
Neighborhood: Norman Acres
Days on Website: 226

Courtesy of Valley Views RE

Property Description

Turnkey income property featuring a fully remodeled duplex plus two brand-new mobile homes! Offering immediate rental income with ALL units ALREADY OCCUPIED! The duplex has been completely updated with new tile flooring, interior and exterior paint, new AC units, and modern kitchens with new cabinets, dishwashers, and in-unit washer and dryers, all with modern finishes throughout. Each unit offers a functional two-story layout with spacious living, dining, and kitchen areas, a half bath on the main level, and three bedrooms with two full baths upstairs. The property also includes two new mobile homes with two primary bedrooms, modern finishes, and in-unit laundry. Gated access with remote control! and 8 uncovered parking spaces. Ideal for investors seeking a stabilized, turnkey asse

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt, Dirt, Gravel
  • Appliances & Equipment
  • Refrigerator
  • Built-In Electric Oven
  • Microwave
  • Washer/Dryer
  • Bathrooms
  • 10 total bathrooms
  • Bedrooms
  • 10 total bedrooms
  • Building
  • Built in 2007
  • 3 buildings
  • Construction Materials: Wood Frame, Painted, Stucco
  • Community
  • No Pool
  • Cooling
  • Electric
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Electric: $7,800
  • Insurance: $1,200
  • Operating: $9,819
  • Exterior Features
  • Sidewalk(s)
  • Floors
  • Carpet
  • Ceramic Tile
  • Heating
  • Electric
  • Income
  • Gross Income: $47,400
  • Gross ScheduledIncome: $94,800
  • Net Operating Income: $36,000
  • Listing
  • Listing ID: 6972364
  • Standard Status: Active
  • MLS Status: Active
  • 227 days on market
  • Location
  • Subdivision: NORMAN ACRES
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 10,450
  • Owner Pays
  • Electricity
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 8 open parking spaces
  • 8 total parking spaces
  • Add’l Parking Avail
  • >1 Space Per Unit
  • Roof
  • Composition
  • Security Features
  • Security Light(s)
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 113-27-019
  • Public Survey Range: 3E
  • Public Survey Section: 21
  • Annual Amount: $819
  • Tax Book Number: 113.00
  • Legal Description: NORMAN ACRES LOT 1 BLK 2 N 135.59′
  • Lot: 1
  • Year: 2024
  • Zoning: R4
  • Utilities
  • Water Source: City Franchise
  • SRP

Property Map

$785,000 – 4020 S 15th Street, Phoenix, AZ 85040

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This content last updated on September 5, 2026 4:31PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.