For sale

$799,900

3823 N 23RD Drive, Phoenix, AZ 85015

8beds

4baths

3,704sqft

$4,817/mo

Get pre-qualified

Multi Family

Built in 1985

-- sqft lot

$-- Zestimate^®

$216/sqft

$-- HOA

What's special

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

40 days
159
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Heat Pump, Electric

Cooling

Electric, Heat Pump

Appliances

Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator

Features

Flooring: Ceramic Tile

Interior area

Total structure area: 3,704
Total interior livable area: 3,704 sqft

Property

Parking

Total spaces: 10
Parking features: Paved, Free, >1 Space Per Unit
Uncovered spaces: 10

Features

Exterior features: Sidewalk(s)

Details

Parcel number: 11004021
Zoning: Multi

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Stucco
Roof: Composition

Condition

Year built: 1985

Utilities & green energy

Electric: SRP
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Security: Security Lights, Fire Sprinkler System
Subdivision: GERARDO PARK LOTS 11-39

Location

Region: Phoenix

Financial & listing details

Price per square foot: $216/sqft
Tax assessed value: $717,100
Annual tax amount: $2,322
Date on market: 7/21/2026
Cumulative days on market: 40 days
Listing terms: No Carry,Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/21/2026	Listed for sale	$799,900-5.9%$216/sqft
Source: ARMLS #7056928 Report a problem
5/2/2026	Listed for rent	$1,499+76.4%
Source: ARMLS #7022672 Report a problem
4/30/2026	Listing removed	$849,900$229/sqft
Source: ARMLS #6986773 Report a problem
3/16/2026	Price change	$849,900-5.6%$229/sqft
Source: ARMLS #6986773 Report a problem
2/19/2026	Listed for sale	$899,900-5.3%$243/sqft
Source: ARMLS #6986773 Report a problem
12/30/2025	Listing removed	$949,990$256/sqft
Source: ARMLS #6951570 Report a problem
11/26/2025	Listed for sale	$949,990+8.6%$256/sqft
Source: ARMLS #6951570 Report a problem
6/13/2022	Sold	$874,900$236/sqft
Source: ARMLS #6381966 Report a problem
4/11/2022	Listed for sale	$874,900+157.3%$236/sqft
Source: ARMLS #6381966 Report a problem
5/8/2019	Listing removed	$850
Source: Arizona Investment & Mgt, LLC #5918209 Report a problem
4/30/2019	Listed for rent	$850+25.9%
Source: Arizona Investment & Mgt, LLC #5918209 Report a problem
12/19/2018	Sold	$340,000-5.3%$92/sqft
Source: ARMLS #5822360 Report a problem
9/19/2018	Listed for sale	$359,000+56.8%$97/sqft
Source: Keller Williams Arizona Realty #5822360 Report a problem
2/10/2017	Listing removed	$675+3.8%
Source: P. J. Hussey & Associates Inc. - Property # 263716 Report a problem
11/18/2015	Sold	$229,000+44.5%$62/sqft
Source: Public Record Report a problem
10/19/2015	Listing removed	$650
Source: PJ Hussey Report a problem
9/15/2015	Price change	$650+9.2%
Source: PJ Hussey Report a problem
8/13/2015	Listed for rent	$595
Source: PJ Hussey Report a problem
1/17/2014	Sold	$158,500-16.5%$43/sqft
Source: Public Record Report a problem
11/20/2013	Price change	$189,900-5%$51/sqft
Source: Congress Realty, Inc #4854737 Report a problem
10/31/2013	Price change	$199,900-8.7%$54/sqft
Source: Congress Realty, Inc #4854737 Report a problem
8/6/2013	Listed for sale	$219,000+226.9%$59/sqft
Source: Congress Realty, Inc #4854737 Report a problem
9/15/2010	Sold	$67,000-33%$18/sqft
Source: Public Record Report a problem
6/22/2010	Listed for sale	$100,000-69.7%$27/sqft
Source: DPR Realty, LLC #4410933 Report a problem
11/20/2006	Sold	$330,000+15.8%$89/sqft
Source: Public Record Report a problem
5/27/2005	Sold	$285,000+5.6%$77/sqft
Source: Public Record Report a problem
8/24/2004	Sold	$269,900+20%$73/sqft
Source: Public Record Report a problem
9/12/2003	Sold	$225,000+171.1%$61/sqft
Source: Public Record Report a problem
12/27/1995	Sold	$83,000$22/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,322 +10.1%	$71,710 -0.1%
2024	$2,110 -0.5%	$71,800 +439%
2023	$2,120 +1.6%	$13,322 -63.9%
2022	$2,087 +3.1%	$36,880 +20.8%
2021	$2,025 +1.2%	$30,530 +15.6%
2020	$2,000 +8.3%	$26,400 +17.8%
2019	$1,847	$22,420 +15.9%
2018	$1,847 +1.3%	$19,350 +9%
2017	$1,824 +10.3%	$17,760 +14.7%
2016	$1,653	$15,480 +16.8%
2015	$1,653	$13,250 +9.1%
2014	--	$12,150 +64.2%
2013	--	$7,400 -14.9%
2012	--	$8,700 -17.2%
2011	--	$10,510 -40.2%
2010	--	$17,580 -36.7%
2009	--	$27,760 -9.6%
2008	--	$30,710 +12.9%
2007	--	$27,200 +40.2%
2006	--	$19,400
2005	--	$19,400 +49.2%
2004	--	$13,000
2003	--	$13,000 +0.4%
2002	--	$12,950