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Four-Unit Quadplex
For Sale
$799,900

3823 N 23RD Drive, Phoenix, AZ 85015

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market51

Property Features for 3823 N 23RD Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bedroom 4
Security features Security Lighting
Exterior features Sidewalk(s)
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator
Subdivision GERARDO PARK LOTS 11-39
Elementary school district Alhambra Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 110-04-021

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 31 GERARDO PARK LOTS 11-39 MCR 004023
Tax Annual Amount 2322
Legal Description LOT 31 GERARDO PARK LOTS 11-39 MCR 004023

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump, Electric

Amenities

front deck/patio
private fenced yards

Building Details

Year built 1985
Number of units 4
Flooring type Tile - Ceramic
Building materials Wood Frame, Stucco
Roof type Composition
Listing Agency: eXp Realty
Listed By: Joshua Zuniga · License #SA645679000
Added: Jul 21 Changed: Sep 4 Last Checked: Sep 9 at 9:06PM
MLS# 7056928

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.

Investment Insights

Based on property information with market context.

This 1985 quadplex contains four residential units, each arranged with 2 bedrooms and 1 bath across 926 square feet. Three units are occupied, while Unit #4 is vacant and available for showing. French doors open to a front deck or patio for each residence, and the downstairs units add private fenced yards.

The property is located at 3823 N 23RD Drive in Phoenix, within Maricopa County. Construction includes wood framing with stucco, ceramic tile flooring, composition roofing, and electric heat pump systems for heating and cooling. Each unit is equipped with a free-standing range, disposal, dishwasher, and refrigerator. Public sewer service and sidewalk access are also present.

Key Highlights

  • Four units, each with 2 bedrooms, 1 bath, and 926 square feet
  • Three units occupied; Unit #4 is vacant and available for showing
  • French doors lead to a front deck or patio for each unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Locksmith Catering Service Bakery Veterinary Clinic Daycare Center

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

Lease Details

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby

Demographics for 85015, AZ

41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four residential units include private outdoor areas, with three occupied and one available for showing.
Where is this quadplex located?
The property is located at 3823 N 23RD Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Four units, each with 2 bedrooms, 1 bath, and 926 square feet; Three units occupied; Unit #4 is vacant and available for showing; French doors lead to a front deck or patio for each unit
More about this property
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