3823 N 23rd Dr Phoenix, AZ 85015
Alhambra NeighborhoodEstimated payment $4,586/month
Highlights
- Popular Property
- Cooling Available
- Ceramic Tile Flooring
- Phoenix Coding Academy Rated A
- Patio
- Fenced
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,322
Year Built
- Built in 1985
Lot Details
- Fenced
- Desert Landscape
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Home Security
- Security Lights
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 10 Parking Spaces
- Free Parking
- Paved Parking
- 10 Open Parking Spaces
Utilities
- Cooling Available
- Air Source Heat Pump
- Natural Gas Not Available
Additional Features
- Ceramic Tile Flooring
- Patio
Listing and Financial Details
- The owner pays for water, sewer, electricity, trash collection
- Tax Lot 31
- Assessor Parcel Number 110-04-021
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Gerardo Park Lots 11 39 Subdivision
Building Details
- Operating Expense $7,865
- Gross Income $45,600
- Net Operating Income $39,096
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,322 | $14,688 | ||
| 2024 | $2,120 | $13,988 | ||
| 2023 | $2,120 | $49,700 | $9,940 | $39,760 |
| 2022 | $2,087 | $36,880 | $7,370 | $29,510 |
| 2021 | $2,107 | $30,530 | $6,100 | $24,430 |
| 2020 | $2,025 | $26,400 | $5,280 | $21,120 |
| 2019 | $2,000 | $22,420 | $4,480 | $17,940 |
| 2018 | $1,847 | $19,350 | $3,870 | $15,480 |
| 2017 | $1,824 | $17,760 | $3,550 | $14,210 |
| 2016 | $1,747 | $15,480 | $3,090 | $12,390 |
| 2015 | $1,653 | $13,250 | $2,650 | $10,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $799,900 | 0.0% | -- | |
| 05/02/2026 05/02/26 | For Rent | $1,499 | 0.0% | -- | |
| 06/13/2022 06/13/22 | Sold | $874,900 | 0.0% | $236 / Sq Ft | View Prior Sale |
| 04/11/2022 04/11/22 | For Sale | $874,900 | 0.0% | $236 / Sq Ft | |
| 05/09/2019 05/09/19 | Rented | $850 | 0.0% | -- | |
| 04/13/2019 04/13/19 | For Rent | $850 | 0.0% | -- | |
| 12/19/2018 12/19/18 | Sold | $340,000 | -5.3% | $92 / Sq Ft | View Prior Sale |
| 09/18/2018 09/18/18 | For Sale | $359,000 | +56.1% | $97 / Sq Ft | |
| 11/13/2015 11/13/15 | Sold | $230,000 | -7.9% | $62 / Sq Ft | View Prior Sale |
| 10/08/2015 10/08/15 | Pending | -- | -- | -- | |
| 09/27/2015 09/27/15 | For Sale | $249,750 | +56.1% | $67 / Sq Ft | |
| 03/28/2014 03/28/14 | Sold | $160,000 | -11.1% | $43 / Sq Ft | View Prior Sale |
| 12/10/2013 12/10/13 | Pending | -- | -- | -- | |
| 11/26/2012 11/26/12 | For Sale | $179,900 | -- | $49 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $874,900 | Security Title | |
| Warranty Deed | $340,000 | Fidelity National Title Agen | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $229,000 | Security Title Agency Inc | |
| Interfamily Deed Transfer | -- | Security Title Agency Inc | |
| Warranty Deed | -- | First American Title Ins Co | |
| Warranty Deed | $158,500 | First American Title Ins Co | |
| Trustee Deed | $67,000 | None Available | |
| Warranty Deed | $330,000 | American Heritage Title Agen | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $285,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $269,900 | Tsa Title Agency | |
| Warranty Deed | $225,000 | First American Title Ins Co | |
| Cash Sale Deed | $83,000 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $743,665 | Balloon | |
| Previous Owner | $263,320 | New Conventional | |
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $166,500 | New Conventional | |
| Previous Owner | $118,875 | New Conventional | |
| Previous Owner | $264,000 | New Conventional | |
| Previous Owner | $242,250 | Fannie Mae Freddie Mac | |
| Previous Owner | $215,900 | New Conventional | |
| Previous Owner | $2,400 | Unknown | |
| Previous Owner | $213,750 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7056928
APN: 110-04-021
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Ask me questions while you tour the home.