Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.
For sale
Price cut: $6K (6/12)
$669,000
3849 N 23RD Drive, Phoenix, AZ 85015
8beds
4baths
3,000sqft
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$223/sqft
$-- HOA
What's special
Large lot
- 93 days
- 204
- 21
Zillow last checked:
Listing updated:
Listed by:
Jeffery Chesleigh 480-399-3480,
HomeSmart
Source: ARMLS,MLS#: 7034632

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Disposal, Refrigerator, Built-In Electric Oven, Microwave
Features
- Flooring: Tile, Laminate, Carpet
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: >1 Space Per Unit, 1 Space/Unit, On Street
- Uncovered spaces: 8
Features
- Exterior features: Sidewalk(s)
Lot
- Size: 0.26 Acres
- Dimensions: 11,424
Details
- Parcel number: 11004026
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: GERARDO PARK LOTS 1-10
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $585,600
- Annual tax amount: $2,001
- Date on market: 5/29/2026
- Cumulative days on market: 93 days
- Listing terms: Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $669,000-0.9%$223/sqft |
Source: | ||
| 5/29/2026 | Listed for sale | $675,000+88%$225/sqft |
Source: | ||
| 9/26/2019 | Sold | $359,000$120/sqft |
Source: | ||
| 9/20/2019 | Pending sale | $359,000$120/sqft |
Source: Keller Williams Arizona Realty #5963765 Report a problem | ||
| 8/11/2019 | Listed for sale | $359,000$120/sqft |
Source: Keller Williams Arizona Realty #5963765 Report a problem | ||
| 11/6/2018 | Listing removed | $359,000$120/sqft |
Source: Keller Williams Arizona Realty #5799914 Report a problem | ||
| 7/30/2018 | Listed for sale | $359,000+63.3%$120/sqft |
Source: Keller Williams Arizona Realty #5799914 Report a problem | ||
| 9/28/2016 | Sold | $219,900-2.3%$73/sqft |
Source: | ||
| 8/25/2016 | Listed for sale | $225,000$75/sqft |
Source: Turf Realty #5412852 Report a problem | ||
| 7/20/2016 | Listing removed | $225,000$75/sqft |
Source: Turf Realty #5412852 Report a problem | ||
| 6/16/2016 | Listed for sale | $225,000-2.1%$75/sqft |
Source: Turf Realty #5412852 Report a problem | ||
| 4/28/2016 | Listing removed | $229,900$77/sqft |
Source: Turf Realty #5412852 Report a problem | ||
| 4/4/2016 | Price change | $229,900-4.2%$77/sqft |
Source: Turf Realty #5412852 Report a problem | ||
| 3/14/2016 | Listed for sale | $240,000+160.9%$80/sqft |
Source: Turf Realty #5412852 Report a problem | ||
| 7/14/2010 | Sold | $92,000+8.2%$31/sqft |
Source: Public Record Report a problem | ||
| 5/21/2010 | Listed for sale | $85,000-46.6%$28/sqft |
Source: Visual Tour #4393787 Report a problem | ||
| 12/6/2000 | Sold | $159,250+27.4%$53/sqft |
Source: Public Record Report a problem | ||
| 4/13/1999 | Sold | $125,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,001 +10.1% | $58,560 +0.8% |
| 2024 | $1,818 -0.5% | $58,100 +406.1% |
| 2023 | $1,827 +1.6% | $11,480 -62.8% |
| 2022 | $1,799 +3% | $30,850 +16.1% |
| 2021 | $1,745 +1.3% | $26,570 +13.5% |
| 2020 | $1,724 +8.3% | $23,400 +17.7% |
| 2019 | $1,592 | $19,880 +14.5% |
| 2018 | $1,592 +1.3% | $17,370 +14.8% |
| 2017 | $1,571 +10.3% | $15,130 +15.8% |
| 2016 | $1,425 -5.4% | $13,070 +18.7% |
| 2015 | $1,506 | $11,010 +5.9% |
| 2014 | -- | $10,400 +62.5% |
| 2013 | -- | $6,400 -30.7% |
| 2011 | -- | $9,230 -61.3% |
| 2009 | -- | $23,820 -8.7% |
| 2008 | -- | $26,080 +62.5% |
| 2005 | -- | $16,050 +20.2% |
| 2004 | -- | $13,350 |
| 2003 | -- | $13,350 +11.3% |
| 2002 | -- | $12,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Alhambra
Nearby schools
Schools provided by the listing agent
- Elementary: Westwood Elementary School
- High: Central High School
- District: Alhambra Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






