5035 N 23RD Avenue, Phoenix, AZ, 85015
About This Home
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.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Roof: Composition
- Construction materials: Wood Frame,Painted,Stucco,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Free-Standing Range,Other,Dishwasher,Refrigerator,See Remarks,Microwave
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Flooring: Laminate,Other,Ceramic Tile,Vinyl,Wood,Concrete
Heating & Cooling
- Heating features: Other,Heat Pump,Electric,Natural Gas
- Cooling features: Other,See Remarks,Electric,Heat Pump
Interior Area
- Total structure area: 5,060
- Total interior livable area: 5,060 sqft
Property
Details
- Parcel number: 15325053
- Zoning: R3
Features
- Exterior features: Sidewalk(s)
Lot
- Lot size: 0.56 Acres
- Lot size dimensions: .556 acres
Parking
- Total spaces: 14
- Parking features: Off Street,Paved,Free,Assigned,>1 Space Per Unit
- Has uncovered spaces: Yes
- Uncovered spaces: 14
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,591 | $103,092 |
| Home Insurance | $566 | $6,792 |
| Property Taxes | $622 | $7,464 |
| Electricity | $535 | $6,430 |
| Total | $10,314 | $123,768 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Price change | $1,699,000 |
| 2026-03-04 | Listed for sale | $1,780,000 |
| 2022-12-22 | Sold | $800,000 |
| 2022-11-08 | Pending sale | $825,000 |
| 2022-11-01 | Listed for sale | $825,000 |
| 2020-07-28 | Listing removed | $650,000 |
| 2020-06-23 | Listed for sale | $650,000 |
| 2020-05-21 | Pending sale | $650,000 |
| 2020-04-11 | Listed for sale | $650,000 |
| 2005-04-30 | Sold | $490,000 |
| 2001-10-09 | Sold | $215,000 |
For Sale by Agent
View on Zillow