Active

4815 N 15TH Avenue, Phoenix, AZ 85015, Phoenix AZ 85015

$2,799,000
32 bed · Built 1958

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. Full stabilized. $116,625/door & less than $187/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. $21,200 gross rents currently with a 6.35 CAP rate. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dry

4815 N 15TH Avenue, Phoenix, AZ 850154815 N 15TH Avenue, Phoenix, AZ 850154815 N 15TH Avenue, Phoenix, AZ 850154815 N 15TH Avenue, Phoenix, AZ 850154815 N 15TH Avenue, Phoenix, AZ 850154815 N 15TH Avenue, Phoenix, AZ 85015

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 89th percentile of that active group. The comparison uses 698 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$272Cohort median $/sqft
698Comparable active listings
0 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $537,500, and the median is $296 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
1301 W MARIPOSA Street, Phoenix, AZ 85013 Jun 17, 2026 4 bd · 1,533 sqft $560,000 0.1 mi
4640 N 14TH Avenue, Phoenix, AZ 85013 May 27, 2026 4 bd · 2,042 sqft $567,500 0.2 mi
4641 N 14TH Avenue, Phoenix, AZ 85013 Apr 17, 2026 3 bd · 1,667 sqft $525,000 0.2 mi
1125 W PASADENA Avenue 2, Phoenix, AZ 85013 May 28, 2026 2 bd · 1,150 sqft $300,000 0.2 mi
1212 W COOLIDGE Street, Phoenix, AZ 85013 May 1, 2026 3 bd · 1,710 sqft $550,000 0.2 mi
4646 N 11TH Avenue 126, Phoenix, AZ 85013 Sep 8, 2026 2 bd · 950 sqft $320,000 0.3 mi
1202 W HAZELWOOD Street, Phoenix, AZ 85013 Jun 17, 2026 3 bd · 2,065 sqft $559,900 0.3 mi
1511 W HAZELWOOD Street, Phoenix, AZ 85015 May 14, 2026 4 bd · 1,584 sqft $245,000 0.3 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $2,799,000 · Active

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