2214 N 23RD Street, Phoenix, AZ 85006

$650,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Closed
Current Price: $650,000 Last Modified: 9/17/2026

Overview

Description

**Please Do Not Disturb Tenants.** Rare find! Three detached homes on one lot! Centrally located near Freeway access, Sky Harbor Airport, Downtown Phoenix, grocery stores & dining. Unit 1 is the front house & has been completely remodeled! NEW FLOORING, CABINETS, APPLIANCES, COUNTERTOPS, PAINT, WINDOWS, CEILING FANS, THE LIST GOES ON! It features 2 bedrooms & 1 bathroom, family room, dining room & a private fenced back yard. Unit 2 has also been remodeled & features 2 bedrooms, 1 bathroom, BONUS ROOM, fireplace & yard. Unit 3 features 1 bedroom & 1 bathroom which has been recently updated with new flooring. Front house could work great for an owner occupied home and continue renting the back two units for extra cash flow. Front house currently on month to month lease.

Listing Details MLS# 6327973

Location, Tax & Legal

Map Code/Grid
P35
House Number
2214
Compass
N
Street Name
23RD
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Zip4
2092
Country
US
County Code
Maricopa
Subdivision
VEL RU HEIGHTS
Assessor Number
117-09-009
Tax Year
2020
Assessor's Map #
9
Legal Description (Abbrev)
LOT 9 BLOCK 1 VEL RU HEIGHTS MCR 001935
Assessor's Parcel #
9
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111601
Taxes
1364
Legal
LOT 9 BLOCK 1 VEL RU HEIGHTS MCR 001935
Marketing Name
none

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
x
Year Built
1935
Uncvrd Parking Spcs
3
Total # of Units
3
# of Buildings
3
Zoning
R1-6
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
24th St & Thomas
Directions
South on 24th St to Oak St, west on Oak 2 blocks to 23rd St, south to property which will be on the west.

Status Change Info

Off Market Date
2023-03-01
Under Contract Date
2023-01-19
Close of Escrow Date
2023-03-01

Legal Info

Township
2N
Range
3E
Section
34
Block
Yes
Lot Number
9

More Information

Efficiency Units

# Efficiency Units
Yes
Avg Rent
1300
Avg SqFt
960
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
900
Avg SqFt
550
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1200
Avg SqFt
914
# Baths
Yes

Structure

Bedrooms Total
6
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
31800
Net Operating Income
27043

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Seller Assist - A
Buyer Concession $/%
$
Seller Concession to Buyer
Yes
Seller Concession $/%
%
Buyer Concession to Seller
0

Project Type

Other (See Remarks)
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Other Type

House + Rental Units
Yes

Construction

Wood Frame
Yes
Other
Yes

Const - Finish

Painted
Yes
Stucco
Yes
Stone
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
1703
Annual Wtr/Swr Exp
1690
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
4757
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
31800
Total Monthly Rental Income
1550

Pmt & Rate Info

Cap Rate
4.04
Down Payment
0
Equity
670000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Supra
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Exterior Amenities

Desert Landscaping
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Unknown
Yes

Water Source

City Franchise
Yes
Submetered System
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
On Street
Yes
<1 Space Per Unit
Yes
Other
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
No Carry
Yes
1031 Exchange
Yes
Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: Other (See Remarks) Other Type: House + Rental Units Construction: Wood Frame; Other Const - Finish: Painted; Stucco; Stone Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Dishwasher Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise; Submetered System Sewer: Sewer - Public Electric: APS; Individual Meter Gas: None Parking Features: On Street; <1 Space Per Unit; Free; Other Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Unknown Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Conventional; No Carry; 1031 Exchange; Other (See Remarks) Environmental: None
IDX
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: September - 17 - 2026
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