4701 N 23RD Drive, Phoenix, AZ 85015
FOR SALE
0.26 ACRES

4701 N 23RD Drive
Phoenix, AZ 85015

Alhambra
  • 6 Beds
  • 6 Baths
  • 14,940 sqft (on 0.26 acres)

$700,000

Original price: $719,900
Est. Mortgage $3,758/mo*
Get Pre-Qualified

$700,000

Original price: $719,900
Est. Mortgage $3,758/mo*
Get Pre-Qualified
6 Beds
6 Baths
14,940 sqft
(on 0.26 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
6 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$47
Listed
180+ days ago

Home Details for 4701 N 23RD Drive

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Dimensions and Layout
Living Area: 14940 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Heat Pump,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump
Gas & Electric
Electric: SRPHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Ceramic Tile
Levels, Entrance, & Accessibility
Floors: Ceramic Tile

Exterior Features

Parking & Garage
Open Parking Spaces: 6No CarportNo GarageHas Open ParkingParking Spaces: 6Parking: 1 Space/Unit
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 418Days on Market: 180+

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Painted, Stucco, Block
Property Information
Parcel Number: 15403008A

Price & Status

Price
List Price: $700,000Price Per Sqft: $47

Active Status

MLS Status: Active

Location

Direction & Address
City: PhoenixCommunity: NICELY PLACE
School Information
Elementary School: Westwood Elementary SchoolElementary School District: Alhambra Elementary DistrictJr High / Middle School: Alhambra Traditional SchoolHigh School: Alhambra High SchoolHigh School District: Phoenix Union High School District

Agent Information

Listing Agent
Listing ID: 6816622

Building

Building Area
Building Area: 14940 Square Feet

Community

Community Features: No Pool

Lot Information

Lot Area: 0.26 acres

Offer

Listing Terms: No Carry, Conventional, VA Loan

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Landscaping, None

Miscellaneous

Mls Number: 6816622

Additional Information

No Pool
Last check for updates: about 22 hours ago
Listing courtesy of Edward D Caro, (602) 296-0100
RE/MAX Desert Showcase
Source: ARMLS, MLS#6816622
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Alhambra

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$355K
$4.5KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$235
$4MoM
Available listings
439
3MoM

Price History for 4701 N 23RD Drive

DatePriceEventSource
01/01/2026$700,000PriceChange
ARMLS #6816622
10/07/2025$719,900PriceChange
ARMLS #6816622
09/18/2025$720,000PriceChange
ARMLS #6816622
07/11/2025$719,900PriceChange
ARMLS #6816622
04/24/2025$720,000PriceChange
ARMLS #6816622
04/02/2025$749,900PriceChange
ARMLS #6816622
02/07/2025$750,000Listed For SaleARMLS #6816622

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Property Tax and Assessment

Year2025
Tax$1,902
Assessment$599,300
Home facts updated by county records

Comparable Sales for 4701 N 23RD Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2210 W HEATHERBRAE Drive, Phoenix, AZ
0.58
Multi-Family Home
$420,000
08/15/25
6
3
2,400
2107 W GLENROSA Avenue, Phoenix, AZ
0.60
Multi-Family Home
$590,000
04/24/26
5
4
2,595
2101 W HEATHERBRAE Drive, Phoenix, AZ
0.66
Multi-Family Home
$747,999
12/22/25
8
4
2,800
1717 W HEATHERBRAE Drive, Phoenix, AZ
0.93
Multi-Family Home
$685,000
09/26/25
6
4
4,024
2608 W PIERSON Street, Phoenix, AZ
0.37
Multi-Family Home
$799,000
05/18/26
4
1
2,300
2202 W HEATHERBRAE Drive, Phoenix, AZ
0.58
Multi-Family Home
$420,000
08/29/25
6
1
2,550
1944 W AMELIA Avenue, Phoenix, AZ
0.92
Multi-Family Home
$490,000
12/05/25
5
4
2,194
1940 W AMELIA Avenue, Phoenix, AZ
0.92
Multi-Family Home
$599,000
12/05/25
4
4
2,520
2134 W HEATHERBRAE Drive, Phoenix, AZ
0.60
Multi-Family Home
$1,050,000
02/17/26
3
2
7,626

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 4701 N 23RD Drive.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Alhambra
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Alhambra

At least 866 Trulia users voted on each feature.

  • 79 % Say there are sidewalks

  • 77 % Say car is needed

  • 76 % Say it's dog friendly

  • 72 % Say parking is easy

  • 71 % Say yards are well-kept

  • 66 % Say there's holiday spirit

  • 63 % Say it's walkable to grocery stores

  • 61 % Say kids play outside

  • 57 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 47 % Say streets are well-lit

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 40 % Say people would walk alone at night

  • 23 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Robert
    "phoenix is a big place and is very fun and full of young professionals who are always down for a good time"
    1
    Flag
  • Trulia User
    "short 9 minutes to Tempe, Scottsdale and the Downtown Mill Ave thru all the streets 5th 6west 7th..Commute by train from Phoenixs Downtown to Tempe millage or ASU stadium exits are great and convenient for students players and fans..."
    5
    Flag
  • Trulia User
    "a nice area to live in because there's a big Park where you can take your dog for a walk or do all kinds of activities with him and even your family could enjoy themselves "
    1
    Flag
  • Trulia User
    "It's a great community but it is more of older folks one. most people that live there have been there since the house was built. Everyone is pretty respectful in the neighborhood with their pets. "
    0
    Flag
  • Trulia User
    "Alhambra is a very friendly, busy, yet calm and nice community. Most people in this neighborhood are very polite and considerate. "
    1
    Flag
  • Trulia User
    "Has multiple ways for transportation so between buses, light rail, and Uber or Lyft has multiple ways to do so "
    0
    Flag
  • Trulia User
    "Dogs are common. Often see neighbors walking their dogs. This a great neighborhood for families and dogs."
    1
    Flag
  • Trulia User
    "I grew up in that house on 316 w Pierson St. My dad did the bricklayer work for the fireplace. I stayed in the main part of the house, the house was owned by my grandma Eleanor Vaughn. miss that house and definitely good memories "
    0
    Flag
  • Trulia User
    "I don’t have a dog so I have no idea. Q what are you doing now. But there is a lot of people walking all the time to interact with your dog. "
    0
    Flag
  • Trulia User
    "I seldom see dogs being walked during the day. I do not hear much barking from neighbors dogs. I feel that there isn’t enough backyard space or dog parks in the area"
    0
    Flag
  • Trulia User
    "A lot of homeless crackheads.. not a safe environment to feel safe about kids being out and playing. I live near some families with children and they are constantly out fending off people messing with their property and kids"
    2
    Flag
  • Trulia User
    "You see people walking dogs all the time they're welcome in this area. It's a nice community Lot of homeowners and carrying folks"
    0
    Flag
  • Trulia User
    "it's a nice place to live coming from Chicago this much more laid back than home and I appreciate it "
    0
    Flag
  • Trulia User
    "There is neighbors that look out for you around here. They mostly keep their lawns clean. Kids play around here often. Public stores and transit are available. "
    0
    Flag
  • Laura M.
    "The School are Great very organizado. Quiet neighborhood. Clean Street and good neighboors. High School near"
    12
    Flag
  • Curtis C.
    "It’s an excellent commuter neighborhood. You can get to most nearby neighborhoods in a matter of minutes!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
    27
    Flag
  • Cummingscalvin837
    "delayed cause the light rail always holds you up. you will wait at the stop lights forever. Also the surrounding streets seem to be always under construction but never fixed .expect constant car wrecks on 19thave. I would leave earlier i taking northern or Glendale east/west in the morning its a busy street for commuting."
    6
    Flag
  • Borislav T.
    "Not many events going on, apart from First Friday going on in the Dowtown area, neighborhood is close to a mall - Christown Spectrum and a Harkins"
    2
    Flag
  • Rikki .
    "We have such a unique, diverse neighborhood. We know our neighbors and check in with one another regularly. There is tons to do, eat, and see within 15 minutes in any direction. :) "
    2
    Flag
  • Fay L.
    "I attend GCU. The school is great, however, the neighborhood isn’t. Alot of homeless people wander the streets. "
    4
    Flag
  • Hali A.
    "It's not very safe and there are alot of drug addicts and dealers. I've had my packages ripped open at my door step, and I've seen many strange things. "
    2
    Flag
  • Rashawn G.
    "Very good transportation in this neighborhood. The drive is also not bad for traffic except during construction."
    0
    Flag
  • Imthknno1
    "The neighborhood is central to most venues, restaurants, shops and recreational locations. Just a short 5-10 minute drive will get me anywhere I want to go. Traffic isn’t terrible on a weekday. Using the 1-17 can cause some delay due to the traffic during rush hour."
    0
    Flag
  • Phxparadisecat
    "Somewhat alright?! I wouldn’t wanna come back here again. The entire area has changed! I used to live across Indian school road, back then it was hardly any strange activities going on."
    4
    Flag
  • Myran D.
    "This neighborhood is tricky because of all the pockets of bad people and crime. Get to know your neighbors and form bonds with them, it reduces your chances of being robbed "
    1
    Flag
  • Jasmine A.
    "This is area is very poor, not safe, and people do not keep up with how their homes or yards look. I would not recommend living in this area."
    4
    Flag
  • Kaitlyn C.
    "definitely not a family neighborhood. lots of homeless, drugs, panhandling and the struggle. not to mention bedbugs. yikes. "
    5
    Flag
  • Jason W.
    "With Gcu expanding, the neighborhood here (35th/Bethany) is getting better but there are still unfavorable people here, meth houses, tweakers, etc. it will take time."
    1
    Flag
  • Leonardo G.
    "Close to everything. Walking distance for groceries stores, pharmacies, schools, public transportation, restaurants and much more."
    17
    Flag
  • Ryan G.
    "Its Near a school. That’s the only thing keeping it safe. If there wasn’t a school I’d be unlivable."
    13
    Flag
  • Trisha V.
    "There are no community events that I have ever been aware of therefore this neighborhood is holds no soecial memories! Sorry"
    0
    Flag
  • Timothy E.
    "Lots of shootings happen here. Ok in the day but dangerous at night time. I don’t go out alone after 9 pm."
    6
    Flag
  • Melissa C.
    "I wouldn’t let my kids walk by themselves, it isn’t safe. There’s a lot of homeless and drug addicts around here not a good area to live in I plan on moving soon and only lived here 2 months "
    52
    Flag
  • 19 Northerner
    "Community Garden and art center Live music on second Saturday’s Nearby to Uptown farmers market Sprouts Bookmans Views of Piestewa Peak Mature trees Royal Palm Park"
    2
    Flag
  • Irenecuevas69
    "I drive from and too work and the school is close by for my grandkids seems like a great neighborhood and safe. But the best thing it’s close to my job"
    13
    Flag
  • Lumylumy1
    "I've lived in the area quite a while and I want to move. on a main street noise sucks. neighborhood is nice and clean but just one mile west is not so nice."
    0
    Flag
  • maschwald
    "Very pleasant neighborhood that is convenient to restaurants, shopping, schools, and community events in North Central Phoenix."
    13
    Flag
  • Trulia User
    "Nice area for kids and dogs; near all amenities. Central location allows for easy access to downtown, Scottsdale and other areas of town."
    9
    Flag
  • Kristin C.
    "There unfortunately aren’t a lot of neighborhood events in the immediate area but the surrounding neighborhoods do a lot of yard sales which is nice. It would be great if we did too but there just isn’t that community feeling here sadly. "
    1
    Flag

LGBTQ Local Legal Protections

Edward D Caro, RE/MAX Desert Showcase
Agent Phone: (602) 296-0100
4701 N 23RD Drive, Phoenix, AZ 85015 is a 6 bedroom, 6 bathroom, 14,940 sqft multi-family built in 1985. 4701 N 23RD Drive is located in Alhambra, Phoenix. This property is currently available for sale and was listed by ARMLS on Feb 7, 2025. The MLS # for this home is MLS# 6816622.