Courtesy of RE/MAX Desert Showcase
Property Description
Excellent investment property in the heart of Central Phoenix! Located at 4701 N 23rd Dr, Phoenix AZ 85015, this well-maintained triplex features three 2-bedroom, 2-bath units (approx. 996 sq ft each), each individually metered so tenants pay their own utilities. Built in 1985, 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. A smart choice for any investor seeking income potential in the Phoenix rental market.
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Property Details and Features
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Schools
- Elementary school: Westwood Elementary School
- High school: Alhambra High School
- High school district: Phoenix Union High School District
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Appliances & Equipment
- “Free-Standing Range”
- “Refrigerator”
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Building
- Built in 1985
- Construction materials: “Painted”, “Stucco”, “Block”
- 3 total units
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Cooling
- “Central Air”
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Floors
- “Ceramic Tile”
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Heating
- “Heat Pump”
- “Electric”
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Listing
- Listing ID: 6816622
- Standard status: Active
- 446 days on market
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Location
- Subdivision name: NICELY PLACE
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Parking
- “1 Space/Unit”
- 6 total parkings
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Property
- Zoning: R-3
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Roof
- “Rolled/Hot Mop”
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $1,728
- Lot: 8
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Utilities
- “SRP”
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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.