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$940,000
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Property Description
4421 & 4423 N 23rd Avenue consists of (2) triplexes, (6) total units, was originally built in 1961 and is of block construction. The unit mix is comprised of 100% 2-Bed / 1-Bath units with spacious layouts averaging 730sf. The property features covered parking for residents along with a fenced in community courtyard. All units have private back patios along with washer / dryer hookups. The asset is in clean value-add condition, (3) of the units have recently been turned. With longer term tenants in-place, the purchaser has the option to continue cash-flowing or doing more significant upgrades as leases expire. The property is situated within a half mile of the nearest I17 on-ramp and just minutes to downtown Phoenix, with immediate access to the light-rail as well.
Full Property Details
Full Property Details for 4421 N 23rd Ave
General
- Sold For: $940,000
- Taxes: $1,150 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6801232
- Added to Site: 379 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Covered Spaces: 8
- Total Spaces: 20
- Parking Features: Paved, Carport
Location
- County: Maricopa
- Township: 2N
- Subdivision: TIERRA FRUTAL
- Cross Streets: Camelback Road & 23rd Avenue
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other, Electric, Individual
- Heating Type: Individual, Natural Gas
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Painted, Block
- Roof: Composition
- Year Built: 1961
Unit Information
- Vacancy %: .06
Lot Features
- Lot Dimensions: 130ft x 120ft
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $1,150
- Tax Year: 2024
- Terms: Other (See Remarks)
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: TIERRA FRUTAL LOTS 3 & 4 BEG AT NW COR LOT 3 W 15 F S 120F E TO PT ON E LN LOT 4 N 120F TO NE COR W
- Property ID: 154-16-004-D
- Range: 2E
- Section: 24
- Lot Number: 3
Listed by ABI Multifamily
Sold by W and Partners, LLC
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Schools
Schools serving 4421 N 23rd Ave
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 | 0.4 mi |
Choice Learning Academy 5330 North 23rd Avenue, Phoenix, AZ 85015 | 6-8 | 1 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 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 4421 N 23rd Ave
Date
Details
Price
Change
Source
3/14/2025
Sold
$940,000
-15.62%
MLS
1/27/2025
Price Reduced
$1,114,000
-2.62%
MLS
1/07/2025
Listed
$1,144,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4421 N 23rd Avenue, Phoenix, AZ 85015 (MLS# 6801232) is a Multi-Family property that was sold at $940,000 on March 14, 2025. Want to learn more about 4421 N 23rd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

