MLS# 6986773 – 3823 N 23rd Drive, Phoenix, AZ 85015

Price: $849,900
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1985
Neighborhood: Gerardo Park Lots 1-10
Days on Website: 72

Courtesy of eXp Realty

Property Description

Words can’t fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

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Property Details and Features

  • Appliances & Equipment
  • “Free-Standing Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • Building
  • Built in 1985
  • Construction materials: “Wood Frame”, “Stucco”
  • 4 total units
  • Cooling
  • “Electric”
  • “Heat Pump”
  • Expenses
  • Electric: $420
  • Insurance: $1,643
  • Water sewer: $2,280
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Ceramic Tile”
  • Heating
  • “Heat Pump”
  • “Electric”
  • Listing
  • Listing ID: 6986773
  • Standard status: Active
  • 69 days on market
  • Location
  • Subdivision name: GERARDO PARK LOTS 1-10
  • Parking
  • “Paved”
  • “Free”
  • “>1 Space Per Unit”
  • 10 total parkings
  • Property
  • Zoning: Multi
  • Roof
  • “Composition”
  • Schools
  • High school district: Phoenix Union High School District
  • Security Features
  • “Security Light(s)”
  • “Fire Sprinklers”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,322
  • Lot: 31
  • Utilities
  • “SRP”

Property Map

$849,900 – 3823 N 23rd Drive, Phoenix, AZ 85015

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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.