4701 N 23rd Drive, Phoenix, AZ 85015

Phoenix
Local realty services provided by:HUNT Real Estate ERA
4701 N 23rd Drive,Phoenix, AZ 85015
$700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: edward d caro
Office: re/max desert showcase
MLS#:6816622
Source:ARMLS

Price summary

  • Price:$700,000

About this home

Excellent investment property in the heart of Central Phoenix! Located at 4701 N 23rd Dr, Phoenix AZ 85015, this well-maintained triplex features three 2-bedroom, 2-bath units (approx. 996 sq ft each), each individually metered so tenants pay their own utilities. Built in 1985, the property is turnkey and fully occupied with reliable long-term tenants, offering steady cash flow and low owner expenses. Situated near I-17, major employers, dining, and shopping, this multi-unit rental is zoned R-3 and positioned for continued growth in the desirable 85015 area. A smart choice for any investor seeking income potential in the Phoenix rental market.

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Home facts

  • Year built:1985
  • Subdivision & Development:NICELY PLACE
  • Listing ID #:6816622
  • Updated:August 10, 2026 at 03:05 PM

Rooms and interior

  • Flooring:Ceramic Tile

Heating and cooling

  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Construction Materials:Block, Painted, Stucco

Schools

  • High school:Alhambra High School
  • Middle school:Alhambra Traditional School
  • Elementary school:Westwood Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$700,000
  • Tax amount:$1,728 (2024)

Parking

  • Total parking spaces:6
  • Parking description:1 Parking Space/Unit
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