5035 N 23RD Avenue, Phoenix, AZ 85015, Phoenix AZ 85015
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 re
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 78th percentile of that active group. The comparison uses 698 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $285,000, and the median is $217 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 2302 W ORANGE Drive, Phoenix, AZ 85015 | Jun 17, 2026 | 4 bd · 2,124 sqft | $489,000 | 0.1 mi |
| 5141 N 22ND Avenue, Phoenix, AZ 85015 | Jun 30, 2026 | 4 bd · 1,760 sqft | $380,000 | 0.2 mi |
| 2042 W PASADENA Avenue, Phoenix, AZ 85015 | Jun 26, 2026 | 2 bd · 879 sqft | $285,000 | 0.2 mi |
| 2238 W GEORGIA Avenue, Phoenix, AZ 85015 | Apr 24, 2026 | 3 bd · 1,325 sqft | $285,000 | 0.3 mi |
| 2232 W GEORGIA Avenue, Phoenix, AZ 85015 | Jul 15, 2026 | 3 bd · 1,302 sqft | $287,000 | 0.3 mi |
| 2244 W GEORGIA Avenue, Phoenix, AZ 85015 | Apr 17, 2026 | 3 bd · 1,302 sqft | $285,000 | 0.3 mi |
| 2119 W ELM Street, Phoenix, AZ 85015 | Jun 11, 2026 | 3 bd · 1,134 sqft | $245,000 | 0.3 mi |
| 2041 W GEORGIA Avenue, Phoenix, AZ 85015 | Aug 13, 2026 | 4 bd · 1,775 sqft | $285,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $1,699,000 · Active
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