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$700,000

  • For Sale
  • Active
  • Triplex
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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.

Full Property Details for 4701 N 23rd Dr

General

  • Price: $700,000
  • Taxes: $1,728 (2024)
  • Status: Active
  • Type: Triplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6816622
  • Updated: 1/1/2026
  • Added to Site: 343 day(s) ago

Interior

  • Appliances: Free-Standing Range, Refrigerator
  • Flooring: Ceramic Tile

Parking

  • Parking Features: 1 Space/Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: NICELY PLACE
  • Cross Streets: 23rd Ave and Highland Ave

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Heat Pump, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Year Built: 1985

Lot Features

  • Lot Dimensions: 11378
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $1,728
  • Tax Year: 2024
  • Terms: No Carry, Conventional, VA Loan
  • Owner Pays: Landscaping, None

Disclosures and Reports

  • Legal Description: LOT 8 NICELY PLACE MCR 003924
  • Property ID: 154-03-008-A
  • Range: 2E
  • Section: 24
  • Lot Number: 8

Listed by RE/MAX Desert Showcase

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— 4701 N 23rd Dr —

  • RE/MAX Desert Showcase

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4701 N 23rd Dr

School Districts:Alhambra Elementary District, Phoenix Union High School District
NameGradesDistance
Westwood Primary School
4711 N 23rd Ave, Phoenix, AZ 85015
K-50.1 mi
Choice Learning Academy
5330 North 23rd Avenue, Phoenix, AZ 85015
6-80.6 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-122.1 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 4701 N 23rd Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/01/2026
Price Reduced
$700,000
-2.76%
MLS
10/07/2025
Price Reduced
$719,900
-0.01%
MLS
9/18/2025
Price Increased
$720,000
0.01%
MLS
7/11/2025
Price Reduced
$719,900
-0.01%
MLS
4/24/2025
Price Reduced
$720,000
-3.99%
MLS
4/02/2025
Price Reduced
$749,900
-0.01%
MLS
2/07/2025
Listed
$750,000
—
MLS
Get Price Alerts and Save Property
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 for 4701 N 23rd Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,902
10%
$59,860
—
2024
$1,728
-1%
$59,930
3%
2023
$1,737
2%
$58,380
45%
2022
$1,710
—
$40,170
34%
2022
$1,710
-1%
$30,060
15%
2021
$1,726
4%
$26,030
13%
2020
$1,659
1%
$23,060
18%
2019
$1,639
8%
$19,470
17%
2018
$1,513
1%
$16,710
12%
2017
$1,494
4%
$14,880
14%
2016
$1,431
6%
$13,020
20%
2015
$1,354
-5%
$10,820
11%
2014
$1,424
26%
$9,780
60%
2013
$1,133
—
$6,120
—
View All
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 for 4701 N 23rd Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RE/MAX Desert Showcase

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4701 N 23rd Drive, Phoenix, AZ 85015 (MLS# 6816622) is a Triplex property with 0 bedrooms and 0 full bathrooms. 4701 N 23rd Drive is currently listed for $700,000 and was received on February 07, 2025. Want to learn more about 4701 N 23rd Drive? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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