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3823 N 23RD Drive

Phoenix, AZ 85015
  • $949,990
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 6951570
UPDATED: 21 min ago
$949,990
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Ratings & Info

Description

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal. The property is secured with gated access and offers a large parking lot with ten total spaces. Recent updates include a new roof in 2019, new exterior paint completed in 2022, and new smoke detectors, fire extinguishers, and mini blinds installed throughout all units. This is an exceptional opportunity to acquire a well-cared-for investment property in a prime location with strong rental demand. Please do not disturb tenants. Unit #4 is vacant and easy to show.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-16T22:15:56.12.
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3823 N 23RD Drive Phoenix, AZ 85015

  • Price: $949,990
  • Status: Active
  • On Site: 20 Days
  • Updated: 21 min ago
  • MLS #: 6951570
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Gerardo Park Lots 1-10
County:
Maricopa
Area:
Phoenix
Property Description
Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal. The property is secured with gated access and offers a large parking lot with ten total spaces. Recent updates include a new roof in 2019, new exterior paint completed in 2022, and new smoke detectors, fire extinguishers, and mini blinds installed throughout all units. This is an exceptional opportunity to acquire a well-cared-for investment property in a prime location with strong rental demand. Please do not disturb tenants. Unit #4 is vacant and easy to show.
Exterior Features

Attached Garage YN No Construction Materials Wood FrameStucco Covered Spaces 0 Open Parking Spaces 10 Parking Features PavedFree>1 Space Per Unit Roof Composition

Interior Features

Cooling ElectricHeat Pump Cooling YN Yes FSOven Range Yes Heating Heat PumpElectric Heating YN Yes Interior Features []

Property Features

Community Features No Pool Disclosures None Flooring Ceramic Tile Gross Income 39656.8 Listing Terms No CarryConventional1031 ExchangeVA Loan Maintenance Expense 0 Owner Pays ElectricityTrash CollectionWaterSewer Ownership Fee Simple Project Type Quadraplex Yes Sewer Public Sewer Tax Annual Amount 2322 Tax Year 2025 Water Source City Franchise Zoning Multi

Arizona Regional MLS logo Listing provided by eXp Realty: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2025-12-16T22:15:56.12.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251