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About the Listing sjfl01 - js1287
Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Under $125,000/door & less than $200/sq ft. Unit mix consists of (8) very large 2 bed units; (10) 1 bed units; & (6) large studio units (15,000 total sq ft). The complex underperformed in 2025 with a low NOI. However, Palm Square 24 is now 100% occupied with $21,200 gross rents in place for August 2026. Forward pro forma close to a 6 CAP. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PHX.
Listing Highlights
Interior Details
- Bedrooms: 50
- Bathrooms: 26 Full
- Appliances:
- Air Cond: Electric,Individual
- Heating: Forced Air,Individual,Heat Pump
- Fireplaces:
- Floor: Tile,Carpet,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: >1 Space Per Unit
Financial Details
- Tax Amount: $7,236
- Taxes w/Assessments: N/A
- Tax/Property ID: 155-44-069-B
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4815 N 15th Ave Phoenix, AZ 85015
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