5035 N 23RD Avenue, Phoenix, AZ 85015

  • $1,699,000
5035 N 23RD Avenue, Phoenix, AZ 85015
Active
5035 N 23RD Avenue, Phoenix, AZ 85015
5035 N 23RD Avenue, Phoenix, AZ 85015
  • $1,699,000

Description

Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 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. Over $250,000 in renovations just a few years ago.

  • Address 5035 N 23RD Avenue
  • City Phoenix
  • State/county AZ
  • Zip/Postal Code 85015
  • Area CAMELBACK GARDENS

Details

Updated on April 20, 2026 at 4:27 pm
  • Property ID: 6993194
  • Price: $1,699,000
  • Garage Size: x x
  • Year Built: 1958
  • Property Type: Multiple Dwellings
  • Property Status: Active
  • MLS#: 6993194

Additional details

  • Listing Terms: Owner May Carry,Other (See Remarks),Conventional
  • Roof: Composition,Rolled/Hot Mop
  • Sewer: See Remarks,Sewer-In & Connected,Public Sewer
  • Cooling: Other,See Remarks,Electric,Heat Pump
  • Heating: Other,Heat Pump,Electric,Natural Gas
  • Flooring: Laminate,Other,Ceramic Tile,Vinyl,Wood,Concrete
  • County: Maricopa
  • Property Type: Multiple Dwellings
  • Parking: Off Street,Paved,Free,Assigned,>1 Space Per Unit
  • High School: Central High School
  • Community Features: Other,See Remarks,No Pool

Features

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