5035 N 23RD AvenuePhoenix, AZ 85015
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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.
| 10 hours ago | Listing updated with changes from the MLS® | |
| 10 hours ago | Price changed to $1,699,000 | |
| a month ago | Listing first seen on site |
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Last checked: 2026-04-18 09:25 AM UTC