5523 N 23RD Avenue, Phoenix, AZ 85015, Phoenix, 85015 - 3 bed, 2 bath
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Phoenix, AZ 85015
This Modernized Mid-Century Residence is a Prime Investment Opportunity, listed at $375,000—positioned well below the $386,821 Fair Market Value by 3%. This valuation gap provides $11,821 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, the interior features a Remodeled Kitchen and Brand New 2026 Flooring. The expansive 9,191 sqft Lot and Private Patio offer significant outdoor utility with easy I-17 access. This turnkey asset is perfectly suited for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5523 N 23RD Avenue Subject | $375,000* List Price | 3 | 2 | 1,342 | $288 | - |
A 2033 W PALO VERDE Drive Sold | $375,000 | 4 | 2 | 1,413 | $265 | 0.5 mi |
B 6316 N 23RD Avenue Sold | $390,000 | 3 | 2 | 1,467 | $266 | 0.9 mi |
C 5616 N 22ND Drive Sold | $380,000 | 3 | 2 | 1,500 | $253 | 0.1 mi |
D 2118 W ELM Street Sold | $449,000 | 3 | 2 | 1,507 | $298 | 0.8 mi |
E 2232 W SAN MIGUEL Avenue Active | $424,500 List Price | 3 | 2 | 1,500 | $283 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1952 build date, the property has undergone a comprehensive recent renovation (less than 5 years) featuring a fully remodeled kitchen with modern cabinetry and stone countertops, updated bathrooms with contemporary finishes, and brand new flooring installed in 2026, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9191, living area = 1342.
The home features a fully remodeled kitchen and brand-new flooring installed in 2026, providing a contemporary, move-in-ready aesthetic that appeals to modern buyers.
Situated on a generous 9,191 sqft fully fenced lot, the property offers significant space for outdoor activities, pets, or potential future structural expansions.
The assigned public schools carry low ratings (ranging from 1 to 3), which may be a deterrent for families prioritizing high-performing educational districts.
With only a single-car carport and no enclosed garage, the property may lack sufficient protected parking and secure storage for multi-vehicle households.
Charming and updated 3 bedroom, 2 bathroom home with modern upgrades throughout. The remodeled kitchen features stylish finishes and functional design, perfect for everyday living and entertaining. Brand new flooring installed in 2026 adds a fresh, contemporary feel. Enjoy a large, fully fenced yard offering plenty of space for outdoor activities, pets, or future enhancements. Includes a 1 car carport for convenient covered parking. Ideally located near shopping, dining, and easy access to I-17 for a smooth commute.
No exterior & parking available.
Grades K-3 • 0.8 mi
Grades 4-8 • 0.2 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,477 | 38% |
| Lot Size | 9,191 | 7,667 | 79% |
| Price | $375.0K | $369.0K | 53% |
| Price per sq ft | $279 | $257 | 61% |
| Built year | 1952 | 1951 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 1069 | 1% |
Apr 27, 2026
$375,000
Initial Listing