3849 N 23RD Drive Phoenix, AZ ^$ 675,000

3849 N 23RD Drive

^$ 675,000

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3849 N 23RD Drive

Phoenix, AZ, 85015

^$ 675,000

Studio Baths0.0

Monthly Estimate*

^$ 4,156

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $675,000. This home was built in 1984.

Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

Multi-Family Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,001

Style

Multiple Dwellings

Year Built

1984

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7034632

Features

General

Sewer Public Sewer

Heating Electric

Cooling Ceiling Fan(s) Heat Pump

Roof Composition

Zoning R-3

Construction Materials Painted Stucco Block

Year Built 1984

Electric SRP

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 47100.0

Community Features No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 11218.0

Insurance Expense 2617.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name GERARDO PARK LOTS 1-10

Garage Y/N N

Status Active

Directions From Indian School head South on N. 23rd Ave. West on Fairmount Ave. South on 23rd Dr. 2nd property on East Side.

High School Central High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 8.0

Number Of Units Total 4

Carport Y/N N

Elementary School Westwood Elementary School

Tax Annual Amount 2001.0

Electric Expense 0.0

Fuel Expense 0.0

Middle/Junior High School Choice Learning Academy

Water Sewer Expense 6600.0

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 36

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Exterior

Exterior Amenities Sidewalk(s)

Parking Features >1 Space Per Unit 1 Space/Unit On Street

Water Source City Franchise

Total Parking 8.0

Number of Buildings 2

Spa N

Lot Dimensions 11 424

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Flooring Tile Laminate Carpet

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 3849

* Excluded Features

List By

Homesmart

Broker

jchesleigh@gmail.com

Affordability Calculator

$4,323

Per Month

Monthly Principal & Interest: $4,156
Monthly Property Taxes: $167
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,215,612

Percent of Sale Price 80%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4902895 Elementary School

4904138 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/29/2026	$675,000		Listed Price

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3849 N 23RD Drive, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $675,000. 3849 N 23RD Drive is a studio with 0.0 baths and was built in 1984. The property's zip code is 85015 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/31/2026.

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3849 N 23RD Drive

Multi-Family Home for sale in Phoenix, AZ

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