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338 N 23rd St, Phoenix, AZ 85006

For sale multifamily apartment building located at 338 N 23rd St in Phoenix, Arizona.

Property SizeContact for details
Days on Market190

Property Features for 338 N 23rd St

General Information

Standard status Pending
Class C
Property subtype Multifamily
Occupancy 90%
Investment Type Value Add

Building Details

Year Built 1985
Buildings 2
Stories 2
Units 30
Listing Agency: Newmark - Phoenix
Listed By: Ryan Ash · License #AZ
Source: Crexi
Added: Mar 2 Changed: Aug 27 Last Checked: Sep 8 at 4:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Phoenix

Investment Insights

Based on property information with market context.

This offering is a multifamily apartment building listed for sale. The property is categorized as an apartment building and residential income property, making it suitable for investors or owners seeking income-producing residential real estate.

The building is located at 338 N 23rd St, Phoenix, AZ 85006. No additional details regarding unit count, layouts, amenities, condition, or recent improvements were provided in the available information.

Interested parties should review the available marketing materials and financial documentation during due diligence to confirm the property’s configuration and income characteristics.

Key Highlights

  • Multifamily apartment building for sale at 338 N 23rd St, Phoenix, AZ
  • Built in 1985

Property Analytics

Current Use

Polk Terrace Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,547
Businesses Nearby

Demographics for 85006, AZ

23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale multifamily apartment building located at 338 N 23rd St in Phoenix, Arizona.
Where is this apartment building located?
The property is located at 338 N 23rd St Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: Multifamily apartment building for sale at 338 N 23rd St, Phoenix, AZ; Built in 1985
(602) 852-3784 Call to check price and availability
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