$399,000
Phoenix, AZ 85029
MLS# 7015927
1 / 38
Property Description
This is your chance to own a renovated, well maintained duplex in the North Mountain area of Phoenix featuring two fully remodeled 2 bedroom, 1 bathroom units, each with private yards, laundry, and mountain views. Great for an investor or owner occupant looking to live in one unit and rent out the other. Both units offer spacious layouts with newer kitchens and baths, in-unit laundry, ample storage, private gated yards, and off-street parking. Recent upgrades include a new roof (2023), updated flooring, dual pane windows, quartz countertops, plumbing, electrical, and newer AC with ducting. Large lot with alley access offers potential for additional parking or future ADU. Close to hiking trails, dining, and new development. One unit delivered vacant.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $399,000
List Price: $399,000
Status: Active
List Date: 2026-04-17
Location, Tax & Legal
Assessor's Map #: 15
Assessor's Parcel #: 2
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 865.02
Legal: MCR #
4132
Description
MERCER HEIGHTS
Lat/Long
|
Lot Size
7,680 sq ft.
Lot #
2
Marketing Name: 15th Ave Duplex
House Number: 10839
Compass: N
Street Name: 15TH
St Suffix: Avenue
St Dir Sfx: N
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 5127
County Code: Maricopa
Assessor Number: 159-15-002
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 60' x 26'
Total # of Units: 2
Elementary School District: Washington Elementary School District
High School District: Glendale Union High School District
Year Built: 1949
Zoning: R2
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Laminate: 1
Tile: 1
Vinyl: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Ins Exp: 1424
Annual Landscape Exp: 400
Annual Maint Exp: 1780
Annual Trash Exp: 400
Annual Wtr/Swr Exp: 1140
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6009.02
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 27246
Total Monthly Rental Income: 2390
Pmt & Rate Info
Cap Rate: 5.32
Equity: 399000
Down Payment %: 25
Monthly Payments: 1880
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
See Private Remarks: 1
Community Features
Play Area: 1
Heating
Heat Pump: 1
Cooling
ENERGY STAR Qualified Equipment: 1
Central Air: 1
Heat Pump: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Rain Gutters: 1
Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Security Light(s): 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Off Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash to Loan: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1195
Avg SqFt: 780
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Peoria
Directions: From the 17th Freeway go East on Peoria, north on 15th
Geo Lat: 33.585384
Geo Lon: -112.090901
Legal Info
Lot Number: 2
Income Expenses
Gross Annual Sch Inc: 28680
Net Operating Income: 21237
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Laminate; Tile; Vinyl
Sale Includes: Land & Building; Laundry Equipment
Community Features: Play Area
Exterior Amenities: Landscape Water System; Desert Landscaping; Rain Gutters; Fenced; Patio/Balcony; Separate Storage; Security Light(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Heat Pump
Cooling: Heat Pump; Central Air; ENERGY STAR Qualified Equipment
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: >1 Space Per Unit; Add'l Parking Avail; Off Street
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks
New Financing: Cash to Loan
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: April - 18 - 2026
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