4701 N 23rd Dr Phoenix, AZ 85015
Alhambra NeighborhoodEstimated payment $4,329/month
Highlights
- Cooling Available
- Ceramic Tile Flooring
- 4-minute walk to Kid Street Park
- Phoenix Coding Academy Rated A
- Heat Pump System
About This Home
WOW! Stop the car! Come check out this well-maintained triplex in the heart of the Alhambra community in Phoenix! This income-producing property boasts long-term tenants of 5+ years, ensuring stability for your investment. The exterior has fresh new paint, and the AC units are only about 3 years old.
With rents currently below market value, there's great potential for increased cash flow. Conveniently located near shopping, dining, and just minutes from the I-17 freeway and Grand Canyon University.
Don't miss this incredible opportunity to own a stable, tenant-occupied, well-maintained triplex with excellent investment potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,728
Year Built
- Built in 1985
Home Design
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Schools
- Westwood Elementary School
- Alhambra Traditional Middle School
- Alhambra High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 154-03-008-A
Community Details
Overview
- 3 Units
- Building Dimensions are 11,378
- Nicely Place Subdivision
Building Details
- Operating Expense $4,728
- Gross Income $36,000
- Net Operating Income $3,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,728 | $12,032 | -- | -- |
| 2024 | $1,737 | $11,459 | -- | -- |
| 2023 | $1,737 | $40,170 | $8,030 | $32,140 |
| 2022 | $1,710 | $30,060 | $6,010 | $24,050 |
| 2021 | $1,726 | $26,030 | $5,200 | $20,830 |
| 2020 | $1,659 | $23,060 | $4,610 | $18,450 |
| 2019 | $1,639 | $19,470 | $3,890 | $15,580 |
| 2018 | $1,513 | $16,710 | $3,340 | $13,370 |
| 2017 | $1,494 | $14,880 | $2,970 | $11,910 |
| 2016 | $1,431 | $13,020 | $2,600 | $10,420 |
| 2015 | $1,354 | $10,820 | $2,160 | $8,660 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Price Changed | $749,900 | 0.0% | -- |
| 02/07/2025 02/07/25 | For Sale | $750,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6816622
APN: 154-03-008A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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