4701 N 23RD Drive, Phoenix, AZ 85015
$749,900
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$749,900
List Date:
2/07/2025
Last Modified:
4/02/2025
Description
WOW! Stop the car! Come check out this well-maintained triplex in the heart of the Alhambra community in Phoenix! This income-producing property boasts long-term tenants of 5+ years, ensuring stability for your investment. The exterior has fresh new paint, and the AC units are only about 3 years old.
With rents currently below market value, there's great potential for increased cash flow. Conveniently located near shopping, dining, and just minutes from the I-17 freeway and Grand Canyon University.
Don't miss this incredible opportunity to own a stable, tenant-occupied, well-maintained triplex with excellent investment potential!
More Information MLS# 6816622
Contract Info
Current Price: $749,900
List Price: $749,900
Status: Active
List Date: 2025-02-06
Ownership: Fee Simple
Location Tax Legal
House Number: 4701
Compass: N
Street Name: 23RD
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 3486
Country: US
County Code: Maricopa
Subdivision: NICELY PLACE
Assessor Number: 154-03-008-A
Tax Year: 2024
General Property Description
Lot Size Dimensions: 11,378
Year Built: 1985
Uncvrd Parking Spcs: 6
Total # of Units: 3
# of Buildings: 1
Zoning: R-3
Flood Zone: No
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Elementary School: Westwood Elementary School
Jr. High School: Alhambra Traditional School
High School: Alhambra High School
Remarks Misc
Cross Street: 23rd Ave and Highland Ave
Directions: Located north of Indian School Rd, south of Camelback Rd. From 23rd Ave, head west on Highland Ave. The property is on the northeast corner of 23rd Dr and Highland Ave.
Geo Lat: 33.506106
Geo Lon: -112.109185
Status Change Info
Status Change Date: 2025-02-07
Legal Info
Township: 2N
Range: 2E
Section: 24
Lot Number: 8
Income Expenses
Gross Annual Sch Inc: 36000
Net Operating Income: 3000
Showing Notification Methods
Showing Service: No Showing Service Used
Efficiency Units
# Efficiency Units: 3
Avg Rent: 3300
Avg SqFt: 2988
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1100
Avg SqFt: 996
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1100
Avg SqFt: 996
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1100
Avg SqFt: 996
# Baths: 1
Contact Info
List Agent Home Phn: 602-670-2473
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Rolled
Floors: Ceramic Tile
Sale Includes: Building(s) Only
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator
Heating: Heat Pump
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: 1 Space/Unit
Owner Pays: Landscaping; None
Tenant Pays: Water; Electricity; Trash Collection
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; VA; Conventional; Seller May Carry
Environmental: None
Listing Office: RE/MAX Desert Showcase
Last Updated: April - 02 - 2025
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