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3823 N 23rd Dr, Phoenix, AZ 85015

$699,900
  • 8

    bed

  • 4

    bath

Multi-family for sale 110 days
$100K price drop
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About 3823 N 23rd Dr

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Property description
SELLER FINANCING AVAILABLE! Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.
Listed by
Listing Agent - Joshua Zuniga
Listing Office - eXp Realty
Source: ARMLS mls logo
MLS#7056928 • last updated 2 weeks ago
Movoto checked ARMLS for data 14 minutes ago
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Overview
Cooling/AC Electric, Heat Pump
Heating Heat Pump, Electric
MLS # 7056928
Type Multiple Dwellings
Status Active
Property Tax 2322
Year Built 1985
Interior
Total # of Bathrooms 4
Total # of Bedrooms 8
Flooring Ceramic Tile
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Stucco
Parking Paved, Free, >1 Space Per Unit
# of Open Parking Spaces 10
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Security Features Security Light(s), Fire Sprinklers
Location
Subdivision GERARDO PARK LOTS 11-39
Community Features No Pool
Elementary School District Alhambra Elementary District
High School District Phoenix Union High School District
APN 110-04-021
Zoning Multi
Multifamily Details
Total # of Units 4
Expense: Operating 7865
Financial Data Source Owner
Vacancy Allowance 0.05
Expense: Insurance 1643
Net Operating Income 39096
Gross Income 45600
Expense: Electric 420
Expense: Water/Sewer 2280
Gross Scheduled Income 48000
Expense: Gardener 1200
Lot/ Land Details
Road Surface Asphalt
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1/10
Westwood Primary School
public Grades K-5
Alhambra Elementary District
2/10
Choice Learning Academy
public Grades 6-8
Alhambra Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Alhambra

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54/100
Walk
90/100
Family
92/100
Dining
97/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85015
  • Alhambra
  • 3823 N 23rd Dr

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