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5035 23rd Ave, Phoenix, AZ 85015
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5035 23rd Ave, Phoenix, AZ 85015
5035 23rd Ave, Phoenix, AZ 85015
5035 23rd Ave, Phoenix, AZ 85015
5035 23rd Ave, Phoenix, AZ 85015
5035 23rd Ave, Phoenix, AZ 85015
5035 23rd Ave, Phoenix, AZ 85015

5035 23rd Ave Phoenix, AZ 85015

$1,699,000

ACTIVE
Beds
Baths
0
Sqft
Acres
Year
1958
Days on Site
92
Property Type
Multiple Dwellings
Sub Type
Per Square Foot
$1,699,000
Date Listed
Mar 2, 2026

Description of 5035 23rd Ave, Phoenix, AZ 85015

Listing details for 5035 23rd Ave, Phoenix, AZ 85015 : 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.
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Listing Updated : 05-26-2026 at 12:01 PM MST
Listing Provided By : James C Stephens, 602-672-3526, Better Homes & Gardens Real Estate SJ Fowler
Source :

ARMLS, MLS#: 6993194

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Property History

DateEventPrice
3/2/2026
Listed for sale
$1,780,000 +122.5%
Source:ARMLS #6993194
12/22/2022
Sold
$800,000 -3%
Source:ARMLS #6484086
11/1/2022
Listed for sale
$825,000
Source:ARMLS #6484086
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5035 23rd Ave, Phoenix, Az 85015
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