$750,000
Phoenix, AZ 85007
MLS# 6985165

1 / 47
Property Description
Rare opportunity to own three fully renovated single-family homes on contiguous parcels in central Phoenix! This sale includes 1501 W Hadley St (APN 112-14-081-A), 820 S 15th Ave (APN 112-14-081-B), & 830 S 15th Ave (APN 112-14-081-C). The portfolio includes two 2-bd/1-bth homes & one 1-bd/1-bth home, each with private yards & in-unit washer/dryer. Major upgrades include new roofs, plumbing lines, electrical panels, & full interior renovations. Individually metered for electric & gas, with a value-add opportunity through separating the shared water meter. Surrounded by major new residential and mixed-use growth. Located under one mile from I-17 & less than two miles from Downtown Phoenix, Chase Field, & the Warehouse District, offering strong rental demand & long-term upside.
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $750,000
List Price: $750,000
Status: Active
List Date: 2026-02-16
Location, Tax & Legal
Assessor's Map #: 14
Assessor's Parcel #: 81
Assessor Parcel Ltr: C
Add'l Parcels: Yes
Tax Municipality: Phoenix
Taxes: 3899
Legal: To be provided by Escrow company.
Marketing Name: Three on Hadley
House Number: 830
Compass: S
Street Name: 15th
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
County Code: Maricopa
Assessor Number: 112-14-081-C
Tax Year: 2025
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 3
Lot Size Dimensions: 62 x 129
Total # of Units: 3
Year Built: 1936
Zoning: R-3
Project Type
Tri-Plex: 1
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Packaged Offering: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3899
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 60331
Pmt & Rate Info
Cap Rate: 8.04
Equity: 750000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Central: 1
Cooling
Central Air: 1
Window/Wall Unit: 1
Exterior Amenities
Fenced: 1
Sidewalk(s): 1
Patio/Balcony: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Refrigerator: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
<1 Space Per Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1553
Avg SqFt: 465
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1737.5
Avg SqFt: 687
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 15th Ave & Hadley
Geo Lat: 33.439241
Geo Lon: -112.091502
Legal Info
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 60331
Net Operating Income: 60331
Property Features
Project Type: Tri-Plex; Other (See Remarks)
Other Type: House + Rental Units; Packaged Offering
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Floors: Laminate
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Sidewalk(s); Patio/Balcony
Appliances Included: Refrigerator; Washer/Dryer
Heating: Central
Cooling: Window/Wall Unit; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street; <1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: ABI Multifamily
Last Updated: February - 16 - 2026
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