830 S 15th Avenue, Phoenix, AZ 85007

$710,000
5
BD
3
BA

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List Price
$710,000
Status
ACTIVE
Price Change
▼ $1,000 1789703220
Days on Market
51
MLS#
7064669
City
Phoenix
Bedrooms
5
Bathrooms
3
Year Built
1946

Property Description

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.

Additional Information

Taxes
$1,518
Units
3
Parking Features
Carport, Off Street
Construction
Block, Painted, Stucco
Roofing
Composition
Cooling
Central Air, Electric, Varies by Unit, Ceiling Fan(s)
Heating
Electric
Zoning
R3
Subdivision
Steve Rayburn Subdivision
Community Features
No Pool
Electric
APS, Individual Meter
Water
Master Meter, City Franchise
Sewer
Sewer - Public
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection
New Financing
FHA, Conventional, 1031 Exchange, Cash

Courtesy of Fathom Realty. 877-661-1977

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