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Sold on 01/30/2016

4133 N 23rd Ave, Phoenix, AZ 85015

  • $312,000

    Last sold 01/30/2016 after 121 Days

  • 14

    bed

  • 7

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 4133 N 23rd Ave

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Property description
Check out the opportunity...SEVEN TWO BEDROOM UNITS WITH 800 square feet each and includes a great community POOL! Other advantages include all-Saltillo tile flooring, newer appliances (replaced in 2011), Upgraded windows, New Roof in 2011, excellent maintenance records, parking lot and good laundry income. CAP rate of over 7% with value add and a recapture return of less than 15 years. Current owners have made numerous capital improvements and this property is ready for any investor. Professionally managed can be continued -- we have the pro-forma budget that proves the numbers!
Listed by
Listing Agent - David Prom
Listing Office - N.B. Andrews and Associates
Source: ARMLS mls logo
MLS#5343452 • last updated 8 years ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Individual, Electric
MLS # 5343452
Type Multiple Dwellings
Status Closed
Property Tax 2440
Year Built 1973
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator
Exterior
Roof Composition, Built-Up
Construction Painted, Stone, Block, Brick
Parking Paved, Free, 1 Space/Unit
# of Open Parking Spaces 7
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Community Features Pool
Elementary School District Alhambra Elementary District
High School District Phoenix Union High School District
APN 154-29-016
Zoning M-M, R-3
Directions West On Indian School, Right/north On 23rd Ave, Property On Right/east Side Of Road.
Multifamily Details
Total # of Units 7
Expense: Operating 19420
Financial Data Source Projected Proforma
Expense: Maintenance 2620
Expense: Insurance 3684
Net Operating Income 23364
Gross Income 47700
Expense: Electric 1836
Expense: Trash 780
Expense: Professional Management 2184
Expense: Water/Sewer 2976
Gross Scheduled Income 44100
Expense: Gardener 2400
We are not permitted to show value estimates for this property.
  • Jan 2016
    mls logo MLS # 5343452
  • Jan 30, 2016 Sold
    $312,000 (-6.9%)
  • Oct 1, 2015 Listed
    $335,000
  • 4133 N 23rd Ave
    $312K
  • Alhambra
    $380K 0% y/y
  • 85015
    $379K 0% y/y
  • Phoenix
    $474K -1% y/y
No chart available
Statistics calculated by Movoto

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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.

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  • 4133 N 23rd Ave
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