5035 N 23rd Ave Phoenix, AZ 85015
Alhambra NeighborhoodEstimated payment $9,898/month
Highlights
- Ceramic Tile Flooring
- Outdoor Storage
- Desert Landscape
- Phoenix Coding Academy Rated A
- Fenced
About This Home
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.
Listing Agent
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 03/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,272
Year Built
- Built in 1958
Lot Details
- Fenced
- Desert Landscape
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Parking
- 14 Parking Spaces
- Free Parking
- Paved Parking
- 14 Open Parking Spaces
- Off-Street Parking
- Assigned Parking
Schools
- Central High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Ceramic Tile Flooring
- 11 Bedrooms
- Outdoor Storage
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 4
- Assessor Parcel Number 153-25-053
Community Details
Overview
- 7 Buildings
- 9 Units
- Building Dimensions are .556 acres
- Camelback Gardens Subdivision
Building Details
- Operating Expense $48,981
- Gross Income $171,283
- Net Operating Income $122,302
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 | $6,272 | $39,667 | ||
| 2024 | $5,725 | $37,778 | ||
| 2023 | $5,725 | $40,300 | $17,120 | $23,180 |
| 2022 | $5,432 | $35,330 | $14,190 | $21,140 |
| 2021 | $5,499 | $42,520 | $21,920 | $20,600 |
| 2020 | $5,282 | $33,020 | $12,340 | $20,680 |
| 2019 | $5,217 | $29,600 | $9,870 | $19,730 |
| 2018 | $4,998 | $29,860 | $9,790 | $20,070 |
| 2017 | $4,937 | $28,780 | $8,310 | $20,470 |
| 2016 | $4,725 | $26,600 | $5,750 | $20,850 |
| 2015 | $4,680 | $26,480 | $6,120 | $20,360 |
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 |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | Price Changed | $1,699,000 | -4.6% | -- | |
| 03/02/2026 03/02/26 | For Sale | $1,780,000 | +122.5% | -- | |
| 12/22/2022 12/22/22 | Sold | $800,000 | -3.0% | -- | View Prior Sale |
| 11/08/2022 11/08/22 | Pending | -- | -- | -- | |
| 11/01/2022 11/01/22 | For Sale | $825,000 | -- | -- |
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 |
|---|---|---|---|
| Special Warranty Deed | $800,000 | Premier Title | |
| Interfamily Deed Transfer | -- | Stewart Title Guaranty Co | |
| Warranty Deed | $490,000 | Camelback Title Agency Llc | |
| Warranty Deed | $215,000 | Nations Title Insurance | |
| Warranty Deed | -- | American Title Insurance | |
| Warranty Deed | -- | Grand Canyon Title Agency In |
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 | $1,200,000 | New Conventional | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $310,000 | Commercial | |
| Previous Owner | $19,000 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6993194
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 5115 N 22nd Ave Unit 3
- 2106 W Camelback Rd
- 5016 N 21st Ave
- 2133 W Colter St
- 5207 N Black Canyon Hwy Unit 48
- 5220 N 21st Ave
- 4714 N 23rd Ave
- 2128 W Georgia Ave
- 5131 N 20th Ave
- 2026 W Oregon Ave
- 2105 W Elm St Unit 1
- 2105 W Elm St Unit 1
- 2037 W Pierson St
- 1919 W Colter St Unit f 13
- 1919 W Colter St Unit d 07
- 4810 N Black Canyon Hwy Unit 27
- 2025 W Elm St
- 2142 W Coolidge St
- 4762 N 20th Ave
- 4637 N 21st Ave
- 2234 W Medlock Dr Unit 3
- 2336 W Orange Dr
- 2302 W Colter St
- 2110 W Mariposa St Unit 1
- 4715 N Black Canyon Hwy
- 4802 N 19th Ave
- 1919 W Colter St Unit a 10
- 1919 W Colter St Unit a 02
- 4712 N 21st Ave
- 4630 N 23rd Ave
- 2117 W Missouri Ave
- 2150 W Missouri Ave Unit 213
- 2522 W Highland Ave
- 5055 N 19th Ave
- 4730 N 19th Ave
- 1907 W Denton Ln
- 5040 N 18th Ave Unit 1
- 5040 N 18th Ave Unit 3
- 4506 N 22nd Ave
- 4709 N 26th Ln
Ask me questions while you tour the home.