Back to search
5035 N 23RD Avenue Phoenix, AZ $ 1,780,000
Share Save
$ 1,780,000 Get more info
5035 N 23RD Avenue
$ 1,780,000
Back to search
Recently Listed
Share Save

5035 N 23RD Avenue

Phoenix, AZ, 85015
$ 1,780,000
Baths0.0

Monthly Estimate*

$ 10,960

5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 1
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 2
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 3
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 4
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 5
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 6
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 7
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 8
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 9
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 10
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 11
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 12
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 13
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 14
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 15
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 16
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 17
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 18
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 19
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 20
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 21
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 22
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 23
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 24
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 25
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 26
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 27
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 28
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 29
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 30
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 31
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 32
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 33
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 34
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 35
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 36
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 37
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 38
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 39
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 40
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 41
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 42
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 43
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 44
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 45
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 46
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 47
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 48
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 49
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 50
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 51
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 52
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 53
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 54
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 55
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 56
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 57
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 58
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 59
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 60
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 61
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 62
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 63
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 64
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 65
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 66
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 67
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 68
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 69
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 70
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 71
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 72
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 73
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 74
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 75
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 76
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 77
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 78
5035 N 23RD Avenue, Phoenix, AZ 85015 - Image 79
Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,780,000. This home was built in 1958.

This Uptown PHX 9 unit complex is spread out on close to a 25,000 sf lot (R-3). Nice pocket north of Camelback Rd. 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. The complex is buffered by the SRP-Westwood substation to the west, a newly-built fire station to the south, & owner-occupied properties on the same block. Hard to find SELLER FINANCING available, but not required (6% interest-only with 30% down). Fully upgraded & fully stabilized with close to a 7 CAP (based on the 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. These units could be re-positioned for GCU students or short-term rentals. DND residents

See more
Multi-Family Active

Price

$ 1,780,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,272

Style

Multiple Dwellings

Year Built

1958

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6993194
Features
General
Sewer See Remarks Sewer-In & Connected Public Sewer
Heating Other Heat Pump Electric Natural Gas
Cooling Other See Remarks Electric Heat Pump
Roof Composition Rolled/Hot Mop
Zoning R3
Construction Materials Wood Frame Painted Stucco Block
Year Built 1958
Electric SRP
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 171282.6
Community Features Other See Remarks No Pool
County Maricopa
Net Operating Income 122302.0
Operating Expense 48980.6
Insurance Expense 0.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Subdivision Name CAMELBACK GARDENS
Garage Y/N N
Status Active
Directions East of the I-17 and north of Camelback Rd.
High School Central High School
City Phoenix
Disclosures Other (See Remarks) Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 14.0
Number Of Units Total 9
Carport Y/N N
Tax Annual Amount 6272.0
Electric Expense 0.0
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Alhambra Elementary District
Tax Lot 4
Cap Rate 6.87
New Financing: Conventional True
Senior Community N
New Financing: Cash True
See more
Exterior
Exterior Amenities Sidewalk(s)
Parking Features Off Street Paved Free Assigned >1 Space Per Unit
Water Source See Remarks City Franchise
Total Parking 14.0
Number of Buildings 7
Spa N
Lot Dimensions .556 acres
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Flooring Laminate Other Ceramic Tile Vinyl Wood Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
See more
Internal Only
Street Number 1 5035
See more
* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

cstephens@CCIM.net

Email

Affordability Calculator

$11,482
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,960
Monthly Property Taxes
$523
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4327165 Elementary School
4327058 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2026$1,780,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

5035 N 23RD Avenue, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $1,780,000. 5035 N 23RD Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 85015 which is in Phoenix, AZ

Get more info