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4020 S 15TH Street, Phoenix, AZ, 85040

10beds
8baths
4,100sqft
$785,000
$191price/sqft
$5,775/moest. monthly cost
$231,000/yrincome needed

About This Home

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

Getting Around

37
WalkingCar-Dependent
41
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

4/10
Irene Lopez SchoolGrades PK-80.6 mi
2/10

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Painted,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Built-In Electric Oven,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 8

Features

  • Flooring: Carpet,Ceramic Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 4,100
  • Total interior livable area: 4,100 sqft

Property

Details

  • Parcel number: 11327019
  • Zoning: R4

Features

  • Exterior features: Sidewalk(s)

Lot

  • Lot size: 10,450 sqft
  • Lot size dimensions: 10,450

Parking

  • Total spaces: 8
  • Parking features: Other,Add'l Parking Avail,>1 Space Per Unit
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,969$47,628
Home Insurance $273$3,276
Property Taxes $1,099$13,188
Electricity $434$5,210
Total$5,775$69,300

Income You'd Need if You Spent...

35% on housing$198,000/yr
40% on housing$173,250/yr
45% on housing$154,000/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 85040$182
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85040$236
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Price change$790,000
2026-01-22Listed for sale$800,000
2025-09-30Listing removed$900,000
2025-04-25Listed for sale$900,000
2024-04-25Sold$600,000
2023-11-06Sold$330,000
2023-10-20Pending sale$349,900
2023-10-06Price change$349,900
2023-10-03Price change$369,900
2023-09-27Listed for sale$399,000
2020-08-14Sold$280,000
2020-08-11Listed for sale$280,000
2020-07-13Pending sale$280,000
2020-07-01Listed for sale$280,000
2020-02-10Sold$220,000
2020-01-16Pending sale$280,000
2020-01-13Price change$280,000
2020-01-11Pending sale$285,000
2020-01-02Listed for sale$285,000
2017-04-28Sold$185,000
2017-03-26Listed for sale$199,000
2017-03-26Pending sale$199,000
2017-03-09Listed for sale$199,000
2005-09-22Sold$40,000
2005-07-14Sold$35,000

For Sale by Agent

AgentSheyla A Sanchez-Jimenez
BrokerageValley Views RE

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