830 S 15th Avenue, Phoenix, AZ 85007
- $711,000
- 5
- BD
- 3
- BA
- List Price
- $711,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- 7064669
- City
- Phoenix
- Bedrooms
- 5
- Bathrooms
- 3
- Subdivision
- Steve Rayburn Subdivision
- 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.
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Additional Information
- Community Features
- No Pool
- Construction
- Block, Painted, Stucco
- Cooling
- Central Air, Electric, Varies by Unit, Ceiling Fan(s)
- Electric
- APS, Individual Meter
- Heating
- Electric
- New Financing
- FHA, Conventional, 1031 Exchange, Cash
- Parking Features
- Carport, Off Street
- Roofing
- Composition
- Subdivision
- Steve Rayburn Subdivision
- Taxes
- $1,518
- Tax Year
- 2025
- Tenant Pays
- Water, Sewer, Electricity, Gas, Trash Collection
- Units
- 3
- Water
- Master Meter, City Franchise
- Zoning
- R3
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Listing courtesy of Fathom Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.