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Quadplex with Community Courtyard
For Sale
$669,000

3849 N 23RD Drive, Phoenix, AZ 85015

Four two-bedroom units include private storage, shared laundry facilities, and off-street parking across two buildings.

Property SizeContact for details
Days on Market106

Property Features for 3849 N 23RD Drive

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $2,001

Building Details

Year Built 1984
Listing Agency: HomeSmart
Listed By: Jeffery Chesleigh
Source: Jcluxuryresidential
Added: May 29 Changed: Sep 4 Last Checked: Sep 10 at 7:19AM

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 HomeSmart

Investment Insights

Based on property information with market context.

Built in 1984, this 3,085 SF quadplex is arranged across two separate buildings. Each of the four units offers two bedrooms and one bathroom, with an individual storage unit assigned to every resident. Shared amenities include an on-site laundry area, off-street parking, and an open community courtyard with space for outdoor gatherings and grilling.

The property is located at 3849 N 23RD DR in Phoenix, approximately 2 miles from Grand Canyon University and within convenient reach of Downtown and Midtown Phoenix. Airport access, employment centers, dining, entertainment, and everyday services are also identified in the surrounding area.

All tenants occupy the property under month-to-month leases. The roofs and A/C units are less than 10 years old, providing additional detail on major building components.

Key Highlights

  • Four‑unit configuration with two bedrooms and one bathroom per unit
  • Two separate buildings on a shared property
  • Open community courtyard with BBQ and gathering space

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Locksmith Catering Service (Bike/Boat/Book/etc) Store 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

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom units include private storage, shared laundry facilities, and off-street parking across two buildings.
Where is this quadplex located?
The property is located at 3849 N 23RD Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Four‑unit configuration with two bedrooms and one bathroom per unit; Two separate buildings on a shared property; Open community courtyard with BBQ and gathering space
More about this property
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