Phoenix Triplex Investment
4701 N 23RD Drive, Phoenix, AZ 85015
MULTI_FAMILY - Phoenix, AZ
- Added:
- Feb 6, 2025
- Days on Market:
- 468
- Last Refresh:
- May 20 at 3:06 am
Property Features for 4701 N 23RD Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bedroom 5, Bathroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 6, Bathroom 4, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Active
- APN
- 154-03-008-A
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 8 NICELY PLACE MCR 003924
- Tax Annual Amount
- 1728
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Number of units
- 3
- Flooring type
- Tile - Ceramic
- Building materials
- Painted, Stucco, Block
- Roof type
- Rolled Hot Mop
Listing agent Edward D Caro License #SA662579000 (602) 296-0100
Listing office RE/MAX Desert Showcase 14155 N 83rd Ave. Suite 120, Peoria, AZ (623) 979-8888
Listing date Feb 6, 2025
MLS# 6816622
Listing URL
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.
HighLights
- Turnkey triplex in Central Phoenix, fully occupied with long‑term tenants, providing immediate and steady cash flow.
- Each unit is individually metered for utilities, reducing owner expenses and simplifying management.
- All units feature a desirable 2‑bedroom, 2‑bath layout (approx. 996 sq ft).
- Excellent location near I‑17, major employers, dining, and shopping.
- Zoned R‑3, offering potential for future development or expansion.
- Built in 1985 and well‑maintained, ensuring a solid investment.
Overview
This well-maintained triplex is an excellent investment property located in the heart of Central Phoenix. Constructed in 1985, the property features three 2-bedroom, 2-bath units, each approximately 996 sq ft. Each unit is individually metered, allowing tenants to pay their own utilities. The property is turnkey and fully occupied with reliable long-term tenants, offering steady cash flow and low owner expenses. Situated near I-17, major employers, dining, and shopping, this multi-unit rental is zoned R-3 and positioned for continued growth in the desirable 85015 area. This property is a smart choice for any investor seeking income potential in the Phoenix rental market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.109185
- Latitude
- 33.506106
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained triplex in Central Phoenix with long-term tenants.
Where is this triplex located?
The property is located at 4701 N 23RD Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Turnkey triplex in Central Phoenix, fully occupied with long‑term tenants, providing immediate and steady cash flow.; Each unit is individually metered for utilities, reducing owner expenses and simplifying management.; All units feature a desirable 2‑bedroom, 2‑bath layout (approx. 996 sq ft).
