5035 N 23rd Ave

Phoenix, AZ 85015
  • $1,699,000

    Price
  • 6

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing sjfl01 - js1287

Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.

Listing Highlights

Status Active
Days on Site 52
Property Type Multi-Family
MLS ® 6993194
Year Built 1958
Total Square Footage 0
Lot/Acreage N/A
County Maricopa
Neighborhood Camelback Gardens
High School Central High School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: See Remarks,Electric,Heat Pump
  • Heating: Heat Pump,Electric,Natural Gas
  • Fireplaces:
  • Floor: Laminate,Ceramic Tile,Vinyl,Wood,Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: See Remarks,City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition,Rolled/Hot Mop
  • Others: Sidewalk(s)
  • Sewer: See Remarks,Sewer-In & Connected,Public Sewer
  • Parking Features: Off Street,Paved,Free,Assigned,>1 Space Per Unit

Financial Details

  • Tax Amount: $6,272
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 153-25-053
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

5035 N 23rd Ave Phoenix, AZ 85015

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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