Back to search
    4701 N 23RD Drive Phoenix, AZ $ 720,000
    Share Save
    $ 720,000 Get more info
    4701 N 23RD Drive
    $ 720,000
    Back to search
    Share Save

    4701 N 23RD Drive

    Phoenix, AZ, 85015
    $ 720,000
    Baths0.0

    Monthly Estimate*

    $ 4,785

    4701 N 23RD Drive, Phoenix, AZ 85015 - Image 1
    Studio

    Multi-Family Home for sale in Phoenix, AZ

    for $720,000. This home was built in 1985.

    WOW! Stop the car! Come check out this well-maintained triplex in the heart of the Alhambra community in Phoenix! This income-producing property boasts long-term tenants of 5+ years, ensuring stability for your investment. The exterior has fresh new paint, and the AC units are only about 3 years old. With rents currently below market value, there's great potential for increased cash flow. Conveniently located near shopping, dining, and just minutes from the I-17 freeway and Grand Canyon University. Don't miss this incredible opportunity to own a stable, tenant-occupied, well-maintained triplex with excellent investment potential!

    See more
    Multi-Family Active

    Price

    $ 720,000

    Bedrooms

    Studio

    Property Type

    Multi-Family

    Taxes

    $ 1,728

    Style

    Multiple Dwellings

    Year Built

    1985

    Town/City

    Phoenix

    County/Region

    Maricopa

    MLS | Web ID

    6816622
    Features
    General
    Sewer Public Sewer
    Heating Heat Pump Electric
    Cooling Central Air
    Roof Rolled/Hot Mop
    Zoning R-3
    Construction Materials Painted Stucco Block
    Year Built 1985
    Electric SRP
    Township 2N
    Tax Year 2024
    Ownership Fee Simple Fee Simple
    Gross Income 36000.0
    Community Features No Pool
    County Maricopa
    Net Operating Income 3000.0
    Operating Expense 4728.0
    Property Type Multiple Dwellings
    Attached Garage N
    Subdivision Name NICELY PLACE
    Garage Y/N N
    Status Active
    Directions Located north of Indian School Rd south of Camelback Rd. From 23rd Ave head west on Highland Ave. The property is on the northeast corner of 23rd Dr and Highland Ave.
    High School Alhambra High School
    City Phoenix
    Disclosures None
    High School District Phoenix Union High School District
    Open Parking Spaces 6.0
    Number Of Units Total 3
    Lot Size Square Feet 0.0
    Carport Y/N N
    Electric On Property Y/N N
    Elementary School Westwood Elementary School
    Tax Annual Amount 1728.0
    Middle/Junior High School Alhambra Traditional School
    Lease Renewal Y/N N
    Additional Parcels Y/N N
    Lease Considered Y/N N
    Rent Control Y/N N
    Standard Status Active
    Elementary School District Alhambra Elementary District
    Tax Lot 8
    Cap Rate 0.4
    New Financing: Conventional True
    Senior Community N
    New Financing: Cash True
    New Financing: VA True
    Interior
    Flooring Ceramic Tile
    Air Conditioning Y/N Y
    Heating Y/N Y
    Total Baths 0
    Exterior
    Parking Features 1 Space/Unit
    Water Source City Franchise
    Total Parking 6.0
    Lot Size Area 0.0
    Number of Buildings 1
    Spa N
    Lot Dimensions 11 378
    Lot Size Acres 0.0
    Road Surface Type Asphalt
    Covered Spaces 0.0
    Crops Included Y/N N
    Open Parking Y/N N
    Irrigation Water Rights Y/N N
    Internal Only
    Street Number 1 4701
    * Excluded Features
    List By
    Re/Max Desert Showcase

    Broker

    edcaro1968@gmail.com

    Email

    Affordability Calculator

    $4,929
    Per Month
    97%
    3%
    0%
    Monthly Principal & Interest
    $4,785
    Monthly Property Taxes
    $144
    Monthly Home Insurance
    --
    Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
    Learn more about how to save

    Discover how much house you can afford

    Your dream home may be within reach.

    Learn More about how to save

    The time to sell is now
    THE TIME TO SELL IS NOW! What's my home worth?
    Nearby
    4902895 Elementary School
    4327402 Middle School
    Alhambra High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    4/24/2025$720,000 -3.99% Price Down
    4/2/2025$749,900 -0.01% Price Down
    2/7/2025$750,000 Listed Price

    Map

    More homes like this one

    homes for you

    See all
    See all

    4701 N 23RD Drive, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $720,000. 4701 N 23RD Drive is a studio with 0.0 baths and was built in 1985. The property's zip code is 85015 which is in Phoenix, AZ

    Get more info