Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6993194 – 5035 N 23rd Avenue, Phoenix, AZ 85015

$1,699,000 - Br/Ba - for Sale in Camelback Gardens, Phoenix
Price: $1,699,000
Units: 9
Property Type: Multiple Dwellings
Status: Active
Year Built: 1958
Neighborhood: Camelback Gardens
Days on Website: 59

Courtesy of Better Homes & Gardens Real Estate SJ Fowler

Property Description

Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Free-Standing Range”
  • “Dishwasher”
  • “Refrigerator”
  • “See Remarks”
  • “Microwave”
  • Building
  • Built in 1958
  • Construction materials: “Wood Frame”, “Painted”, “Stucco”, “Block”
  • 9 total units
  • Cooling
  • “See Remarks”
  • “Electric”
  • “Heat Pump”
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Laminate”
  • “Ceramic Tile”
  • “Vinyl”
  • “Wood”
  • “Concrete”
  • Heating
  • “Heat Pump”
  • “Electric”
  • “Natural Gas”
  • Listing
  • Listing ID: 6993194
  • Standard status: Active
  • 58 days on market
  • Location
  • Subdivision name: CAMELBACK GARDENS
  • Parking
  • “Off Street”
  • “Paved”
  • “Free”
  • “Assigned”
  • “>1 Space Per Unit”
  • 14 total parkings
  • Property
  • Zoning: R3
  • Roof
  • “Composition”
  • “Rolled/Hot Mop”
  • Schools
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “See Remarks”
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $6,272
  • Lot: 4
  • Utilities
  • “SRP”

Property Map

$1,699,000 – 5035 N 23rd Avenue, Phoenix, AZ 85015

Street View

Nearby Schools

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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.

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