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5035 N 23RD Avenue Phoenix AZ 85015US3 Bed, 3.00 Bath (3 Full Bath), 6993194
5035 N 23RD Avenue PhoenixAZ85015
1780000.0000 1/1/1900 12:00:00 AM
Realty Executives Arizona Territory- Azroy Salim Office
9319 N 94th Way, Ste 900ScottsdaleAZ85258
480-338-4888

5035 N 23RD Avenue
Phoenix AZ 85015 US

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Courtesy of: James C Stephens, Better Homes & Gardens Real Estate SJ Fowler, cstephens@ccim.net

Realty Executives Arizona Territory- Azroy Salim Office
9319 N 94th Way, Ste 900
Scottsdale, AZ, US 85258
480-338-4888

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5035 N 23RD Avenue
Phoenix AZ 85015 US

$1,780,000

Active Listing ID 6993194
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3 bed
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3.00 Bath (3 Full)
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Other

$1,780,000

Active Listing ID 6993194
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5035 N 23RD Avenue This Uptown PHX 9 unit complex is spread out on close to a 25, 000 sf lot (R-3). Nice pocket north of Camelback Rd. 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. The complex is buffered by the SRP-Westwood substation to the west, a newly-built fire station to the south, & owner-occupied properties on the same block. Hard to find SELLER FINANCING available, but not required (6% interest-only with 30% down). Fully upgraded & fully stabilized with close to a 7 CAP (based on the 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. These units could be re-positioned for GCU students or short-term rentals. DND residents

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Electric, Heat Pump
  • Exterior Finish: Sidewalk(s)
  • Floor Covering: Laminate, Concrete, Tile - Ceramic, Wood, Vinyl
  • Roof Type: Rolled Hot Mop, Composition
  • Heating Fuels: Natural Gas, Electric (Heating), Heat Pump (Heating)

School Information

  • School
  • Central High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1780000
  • unparsedaddress: 5035 N 23RD Avenue
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85015
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.510897
  • longitude: -112.107835
  • listagentfullname: James C Stephens
  • listagentemail: cstephens@ccim.net
  • listagentkey: 3yd-ARMLSAZ-js1287
  • listagentmlsid: js1287
  • listagentpreferredphone: 6026723526
  • listagentofficephone: 6026723526
  • listofficekey: 3yd-ARMLSAZ-sjfl01
  • listofficemlsid: sjfl01
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1958
  • listingcontractdate: 2026-03-02
  • listagenturl: www.phoenixmulti-family.com
  • countyorparish: Maricopa
  • parcelnumber: 153-25-053
  • highschool: Central High School
  • elementaryschooldistrict: Alhambra Elementary District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
  • cooling: Electric, Heat Pump
  • constructionmaterials: Wood Frame, Painted, Stucco, Block
  • flooring: Laminate, Concrete, Tile - Ceramic, Wood, Vinyl
  • heating: Natural Gas, Electric (Heating), Heat Pump (Heating)
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Assigned, Off Street
  • roof: Rolled Hot Mop, Composition
  • waterfrontyn: False
  • franchiseaffiliation: Real Living
  • exteriorfeatures: Sidewalk(s)
  • rooms: Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.107834, 33.5109
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Living SJ Fowler Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cstephens@ccim.net", "ListBrokerageCity":"Mesa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"sfowler@sjfowler.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/9/214474/20120917203853788.png", "ListBrokerageName":"Real Living SJ Fowler Real Estate", "ListBrokeragePhone":"(480) 649-3536", "ListBrokeragePostalCode":"85205", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6360 E Brown Rd STE 103", "ListBrokerageWebsiteUrl":"http://www.sjfowler.com", "ListOfficeAddress1":"6360 E Brown Rd. Suite 103", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"sjfl01", "ListOfficeCity":"Mesa", "ListOfficeCountry":"USA", "ListOfficeEmail":"sfowler@sjfowler.net", "ListOfficePostalCode":"85205", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5035-N-23rd-Ave_Phoenix_AZ_85015_M22848-48874?f=listhub&s=ARMLSAZ&m=6993194&c=rexren", "MLSModificationTimestamp":"2026-03-05 16:20:47", "Neighborhoods":[{"Description":null, "Name":"CAMELBACK GARDENS"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6272, "TaxDescription":"CAMELBACK GARDENS MCR 29/37 LOT 4 BLK 3 & W2 OF ABAND ALLEY LY E OF & ADJ TO E LN SD LOT AS ABAND P", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/5/2026 4:31:52 PM GMT
Source Updated Date: 3/12/2026 12:48:21 PM GMT

Courtesy of: James C Stephens, Better Homes & Gardens Real Estate SJ Fowler, cstephens@ccim.net

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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