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3801 N 23rd Dr
Phoenix, AZ 85015 Midtown Phoenix

$699,000 USD

Apartments For Sale  •  2,922 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,922 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 6.88 %
  • Zoning R-3
30 Transit Score
50 Walk Score

Highlights

R-3 zoning supports established multifamily use.
Located near major employment, retail, and service destinations.
Convenient access to Interstate 17 and Indian School Road.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $48,090 USD (2026)
Cap Rate: 6.88 %
Total Expenses: $12,330 USD

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 18 min - 11.0 mi
Phoenix-Mesa Gateway 50 min - 37.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Covered
Included in Rent: Yes
Blake Mallery 602-851-7677 COMPASS
Blake Mallery 602-851-7677 COMPASS