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Two-Bedroom Apartment Community

4241 N 23rd Ave Phoenix, AZ 85015

4241 N 23rd Ave, Phoenix, AZ, 85015
Contact for pricing
For Sale
Contact for pricing
Pending

Eight-unit apartment community offering two-bedroom floorplans, developed in 1985, with a renovation opportunity for four units.

Days on Market104

Property Features for 4241 N 23rd Ave

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency Marcus & Millichap - Phoenix
Listed by Paul Bay · License #AZ SA671037000
Source Crexi
Added: Apr 11 Updated: Jul 20 at 5:16PM Checked: Jul 22 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 Marcus & Millichap - Phoenix


Investment Insights

Based on property information with market context.

Eight on 23rd is an eight-unit apartment community developed in 1985. The property is comprised entirely of two-bedroom floorplans, with each unit offering 800 square feet.

The community is located at the intersection of 23rd Avenue and Glenrosa Avenue in Phoenix, with Grand Canyon University listed as less than two miles away. Interstate 17 is described as less than half a mile from the property, providing access to employment corridors in the greater west valley, including the Innovation Employment Corridor along Central Avenue and the Southwest Valley Industrial Corridor.

Future ownership will have the opportunity to renovate four of the eight units with interior upgrades, with the remarks indicating this could support a $200 rent premium based on rents already achieved at the property.

Key Highlights

  • 8‑unit apartment community at the intersection of 23rd Avenue and Glenrosa Avenue
  • Built in 1985 and consists entirely of 2‑bedroom floorplans
  • Each unit offers 800 SF of living space

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Florist Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight-unit apartment community offering two-bedroom floorplans, developed in 1985, with a renovation opportunity for four units.
Where is this apartment building located?
The property is located at 4241 N 23rd Ave Phoenix, AZ.
What are key features of this property?
This property features: 8‑unit apartment community at the intersection of 23rd Avenue and Glenrosa Avenue; Built in 1985 and consists entirely of 2‑bedroom floorplans; Each unit offers 800 SF of living space
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