4421 N 23rd Avenue, Phoenix, AZ 85015
- $940,000
- Sold Price
- $940,000
- List Price
- $1,114,000
- Closing Date
- Mar 14, 2025
- Days on Market
- 52
- Status
- CLOSED
- MLS#
- 6801232
- City
- Phoenix
- Subdivision
- Tierra Frutal
- Year Built
- 1961
Property Description
4421 & 4423 N 23rd Avenue consists of (2) triplexes, (6) total units, was originally built in 1961 and is of block construction. The unit mix is comprised of 100% 2-Bed / 1-Bath units with spacious layouts averaging 730sf. The property features covered parking for residents along with a fenced in community courtyard. All units have private back patios along with washer / dryer hookups. The asset is in clean value-add condition, (3) of the units have recently been turned. With longer term tenants in-place, the purchaser has the option to continue cash-flowing or doing more significant upgrades as leases expire. The property is situated within a half mile of the nearest I17 on-ramp and just minutes to downtown Phoenix, with immediate access to the light-rail as well.
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Additional Information
- School District
- Phoenix Union High School District
- Community Features
- Other, See Remarks, No Pool
- Construction
- Painted, Block
- Cooling
- Other, Electric, Individual
- Electric
- SRP
- Flooring
- Ceramic Tile
- Heating
- Individual, Natural Gas
- New Financing
- Other (See Remarks)
- Parking Features
- Paved, Carport
- Roofing
- Composition
- Sewer
- Public Sewer
- Subdivision
- Tierra Frutal
- Taxes
- $1,150
- Tax Year
- 2024
- Units
- 6
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of ABI Multifamily. Selling Office: W and Partners, LLC.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.