Listing Details:
Listing ID: 7072051
Updated: 8/27/2026 10:56am
| Status | Active/For Sale |
| Days On Market | 2 |
| Taxes | $7,236.00 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 8 |
| Year Built | 1958 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Better Homes & Gardens Real Estate SJ Fowler |
Description:
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. Under $125,000/door & less than $200/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 with $21,200 gross rents in place for August 2026. Forward pro forma close to a 6 CAP. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PHX.
Property Location:
Listed By: Better Homes & Gardens Real Estate SJ Fowler | James C Stephens 602-672-3526
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
