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
CloseDaily local analysis
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
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.
Nearby closed sales
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.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 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
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.
Continue comparing
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