4701 N 23rd Drive, Phoenix, AZ 85015
- $700,000
- List Price
- $700,000
- Price Change
- ▼ $19,900 1767330948
- Days on Market
- 536
- Status
- ACTIVE
- MLS#
- 6816622
- City
- Phoenix
- Subdivision
- Nicely Place
- Year Built
- 1985
Property Description
Excellent investment property in the heart of Central Phoenix! Located at 4701 N 23rd Dr, Phoenix AZ 85015, this well-maintained triplex features three 2-bedroom, 2-bath units (approx. 996 sq ft each), each individually metered so tenants pay their own utilities. Built in 1985, the property is turnkey and fully occupied with reliable long-term tenants, offering steady cash flow and low owner expenses. Situated near I-17, major employers, dining, and shopping, this multi-unit rental is zoned R-3 and positioned for continued growth in the desirable 85015 area. A smart choice for any investor seeking income potential in the Phoenix rental market.
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Additional Information
- High School
- Alhambra High School
- Middle School
- Alhambra Traditional School
- Community Features
- No Pool
- Construction
- Block, Painted, Stucco
- Cooling
- Central Air
- Electric
- SRP
- Flooring
- Ceramic Tile
- Heating
- Electric, Heat Pump
- New Financing
- VA Loan, Conventional, No Carry, Cash
- Parking Features
- 1 Space/Unit
- Roofing
- Rolled/Hot Mop
- Subdivision
- Nicely Place
- Taxes
- $1,728
- Tax Year
- 2024
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- Units
- 3
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of RE/MAX Desert Showcase.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.