# 5035 N 23RD Avenue, Phoenix, AZ 85015

> **TL;DR:** 3bd/0ba residential multi family, $1,699,000, built 1958.
> A/C. Est. $7,362/mo. Listed 91 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,699,000 |
| Bedrooms | 3 |
| Year Built | 1958 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 91 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,362 |
| **Total** | **$7,362** |

## Nearby Schools

- **High:** Central High School

## Key Amenities

- A/C

## Property Highlights

- Built in 1958

## Description

### Agent Description
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 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. Over $250,000 in renovations just a few years ago.

## Location

- **Address:** 5035 N 23RD Avenue, Phoenix, AZ 85015
- **County:** Maricopa
- **Neighborhood:** CAMELBACK GARDENS
- **Coordinates:** 33.510897, -112.107835
- **Google Maps:** https://www.google.com/maps?q=33.510897,-112.107835

## Listing Agent

- **Name:** James C Stephens
- **Brokerage:** Better Homes & Gardens Real Estate SJ Fowler
- **Phone:** 6026723526
- **Email:** cstephens@ccim.net

## Primary Photo

![5035 N 23RD Avenue - Primary Photo](http://lh.rdcpix.com/476f6ccae7c478211e97cf998d05af6cl-f1598339753r.jpg)

*79 total photos available on [listing page](https://www.propertysimple.com/listing/5035-n-23rd-avenue-phoenix-az-85015-6993194)*

---

**MLS#:** 6993194 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5035-n-23rd-avenue-phoenix-az-85015-6993194)

---

## Structured Data

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  "description": "Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger",
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```