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Sold on 09/30/2012

4241 N 23rd Ave #5, Phoenix, AZ 85015

$658,000

Last sold 09/30/2012 for $230K

  • 16

    bed

  • 8

    bath

Multi-family not for sale
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About 4241 N 23rd Ave #5

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Movoto estimate
Property description
Traditional sale-Priced for quick close! All 2 bedroom/1 bath units - 4 duplexes on two lots qualfiies for residential financing! 80% occupied. Current rents at $460 with one at $495! Room for increases! It's turn key! Drive by only, please do not disturb the residents. Buyer to verify all items prior to close of escrow.
Listed by
Listing Agent - Lloyd W Kaipainen
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#4739653 • last updated 9 years ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Window/Wall Unit, Individual
Heating Individual, Window/Wall Unit(s)
MLS # 4739653
Type Multiple Dwellings
Status Closed
Property Tax 1234
Year Built 1985
Interior
Flooring Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Siding, Painted, Stucco
Parking Paved, >1 Space Per Unit
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Alhambra Elementary District
High School District Phoenix Union High School District
APN 154-29-013-B
Zoning Multi
Directions S To Glenrosa - On SEC Of Glenrosa And 23rd Ave.
Multifamily Details
Total # of Units 8
Expense: Operating 13474
Financial Data Source Projected Proforma
Expense: Maintenance 1500
Vacancy Allowance 0.1
Expense: Insurance 1600
Net Operating Income 28507
Gross Income 43200
Expense: Trash 1800
Expense: Professional Management 4320
Expense: Water/Sewer 2520
Gross Scheduled Income 48000
Expense: Gardener 500
$658K
Range: $572K-$743K
Last 30 days 
  • Jan 2023
    Public Records
  • Jan 6, 2023 Sold
    $675,000 (-38.6%)
  • Sep 2021
    Public Records
  • Sep 21, 2021 Sold
    $1,100,000 (+547.1%)
  • Jul 2015
    Public Records
  • Jul 13, 2015 Sold
    $170,000 (-26.1%)
  • Sep 2012
    mls logo MLS # 4739653
  • Sep 30, 2012 Sold
    $230,000 (+100.0%)
  • Mar 26, 2012 Listed
    $250,000 (-13.8%)
  • Sep 2012
    Public Records
  • Sep 28, 2012 Sold
    $115,000 (-54.0%)
  • Apr 2005
    Public Records
  • Apr 25, 2005 Sold
    $290,000 (+41.5%)
  • Dec 2004
    Public Records
  • Dec 1, 2004 Sold
    $205,000
  • Year Property taxes Tax assessment
  • 2024
    $1,623 -0.5%
    $46,280 -8.3%
  • 2023
    $1,631 +1.6%
    $50,470 +39.34%
  • 2022
    $1,606 -0.9%
    $36,220 +35.15%
  • 2021
    $1,621 +4.0%
    $26,800 +16.42%
  • 2020
    $1,558 +1.2%
    $23,020 +13.57%
  • 2019
    $1,539 +8.3%
    $20,270 +17.44%
  • 2018
    $1,421 +1.3%
    $17,260 +14.46%
  • 2017
    $1,403 +4.4%
    $15,080 +14.07%
  • 2016
    $1,344 +5.7%
    $13,220
  • 2015
    $1,272
    —
  • 4241 N 23rd Ave #5
    $230K
  • Alhambra
    $375K -1% y/y
  • 85015
    $375K -3% y/y
  • Phoenix
    $464K 0% 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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