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About This Home

This 6-bedroom, 0-bathroom residential multi family at 4701 N 23RD Drive in Phoenix, AZ is listed for $700,000. Built in 1985, on a N/A lot.

Agent 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.

Key Features

  • Built in 1985

Property Details

6 full
1985

Amenities

A/C

Monthly Cost Estimate

$3,744/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

4701 N 23RD Drive

Phoenix, AZ 85015

NICELY PLACE

Property Details

Flooring

Tile - Ceramic

Construction

Painted Stucco Block

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Appliances

Free-Standing RangeRefrigerator

Questions & Answers

This 6-bedroom, 0-bathroom residential multi family at 4701 N 23RD Drive is listed at $700,000. The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.

Key features include: Built in 1985.

This property is listed by Edward D Caro and can be reached at 6022960100 or johnfrederick@remax.net.

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Edward D Caro

Agent at RE/MAX Desert Showcase

(602) 296-0100

Listed by RE/MAX Desert Showcase · View on Broker Site

MLS# 6816622· Source: listhub· Updated 428 days ago

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.

4701 N 23RD Drive, Phoenix, AZ 85015

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