- $1.8M Price
5035 N 23rd Avenue
This Uptown PHX 9 unit complex is spread out on close to a 25,000 sf lot (R-3). Nice pocket north of Camelback Rd. 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. The complex is buffered by the SRP-Westwood substation to the west, a newly-built fire station to the south, & owner-occupied properties on the same block. Hard to find SELLER FINANCING available, but not required (6% interest-only with 30% down). Fully upgraded & fully stabilized with close to a 7 CAP (based on the 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. These units could be re-positioned for GCU students or short-term rentals. DND residents
Essential Information
- MLS® #6993194
- Price$1,780,000
- Year Built1958
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address5035 N 23rd Avenue
- SubdivisionCAMELBACK GARDENS
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85015
Amenities
- AmenitiesOther, See Remarks, No Pool
- Parking Spaces14
Parking
Off Street, Paved, Free, Assigned, >1 Space Per Unit
Interior
Appliances
Free-Standing Range, Other, Dishwasher, Refrigerator, See Remarks, Microwave
Heating
Other, Heat Pump, Electric, Natural Gas
Cooling
Other, See Remarks, Electric, Heat Pump
Exterior
- RoofComposition, Rolled/Hot Mop
Construction
Wood Frame, Painted, Stucco, Block
School Information
- HighCentral High School
District
Phoenix Union High School District
Additional Information
- ZoningR3
Listing Details
Office
Better Homes & Gardens Real Estate SJ Fowler
Better Homes & Gardens Real Estate SJ Fowler.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on March 22nd, 2026 at 12:14pm MST.