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$899,900 Just Listed
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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.
Full Property Details
Full Property Details for 3823 N 23rd Dr
General
- Price: $899,900
- Taxes: $2,322 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6986773
- Updated: 2/19/2026
- Added to Site: Today
Interior
- Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator
- Flooring: Ceramic Tile
Additional Information
- Security/Safety: Security Light(s), Fire Sprinklers
Exterior
- Exterior Features: Sidewalk(s)
Parking
- Parking Features: Paved, Free, >1 Space Per Unit
Location
- County: Maricopa
- Township: 2N
- Subdivision: GERARDO PARK LOTS 1-10
- Cross Streets: Indian School & 23rd Ave.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Stucco
- Roof: Composition
- Year Built: 1985
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: IRR
- Frontage: Asphalt
- Zoning: Multi
Financial Considerations
- Tax Amount: $2,322
- Tax Year: 2025
- Terms: No Carry, Conventional, 1031 Exchange, VA Loan
- Owner Pays: Electricity, Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: LOT 31 GERARDO PARK LOTS 1-10 MCR 004023
- Property ID: 110-04-021
- Range: 2E
- Section: 25
- Lot Number: 31
Listed by eXp Realty
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Schools
Schools serving 3823 N 23rd Dr
School Districts:Alhambra Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Westwood Primary School 4711 N 23rd Ave, Phoenix, AZ 85015 | K-5 | 1 mi |
Choice Learning Academy 5330 North 23rd Avenue, Phoenix, AZ 85015 | 6-8 | 1.6 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3823 N 23rd Dr
Date
Details
Price
Change
Source
2/19/2026
Listed
$899,900
2.86%
MLS
6/13/2022
Sold
$874,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3823 N 23rd Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,322
10%
$68,880
-4%
2024
$2,110
—
$71,710
—
2023
$2,120
2%
$71,800
44%
2022
$2,087
—
$49,700
35%
2022
$2,087
-1%
$36,880
21%
2021
$2,107
4%
$30,530
16%
2020
$2,025
1%
$26,400
18%
2019
$2,000
8%
$22,420
16%
2018
$1,847
1%
$19,350
9%
2017
$1,824
4%
$17,760
15%
2016
$1,747
6%
$15,480
17%
2015
$1,653
-6%
$13,250
9%
2014
$1,754
28%
$12,150
64%
2013
$1,369
—
$7,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3823 N 23rd Dr
3823 N 23rd Drive, Phoenix, AZ 85015 (MLS# 6986773) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3823 N 23rd Drive is currently listed for $899,900 and was received on February 19, 2026. Want to learn more about 3823 N 23rd Drive? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

