5035 N 23rd Avenue, Phoenix, AZ 85015

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
5035 N 23rd Avenue,Phoenix, AZ 85015
$1,699,000
  • 11 Beds
  • 9 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing agent0
    Cass Stephens(602) 672 - 3526
    Better Homes and Gardens Real Estate S.J. Fowler
Office: better homes & gardens real estate sj fowler
MLS#:6993194
Source:ARMLS

Price summary

  • Price:$1,699,000

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1958
  • Subdivision & Development:CAMELBACK GARDENS
  • Listing ID #:6993194
  • Updated:September 08, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:9
  • Flooring:Ceramic Tile, Concrete, Laminate, Vinyl, Wood

Heating and cooling

  • Cooling:Electric, Heat Pump
  • Heating:Electric, Heat Pump, Natural Gas

Structure and exterior

  • Year built:1958
  • Construction Materials:Block, Painted, Stucco

Schools

  • High school:Central High School

Utilities

  • Water:City Franchise
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$1,699,000
  • Tax amount:$6,272 (2025)

Parking

  • Total parking spaces:14
  • Parking description:Assigned, Free Parking, More Than 1 Parking Space/Unit, Paved
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 5035 N 23rd Avenue