2324 E OAK Street, Phoenix, AZ 85006
2324 E OAK Street, Phoenix, AZ 85006
2324 E OAK Street, Phoenix, AZ 85006
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$980,000
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2324 E OAK Street Phoenix, AZ 85006

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Avalon Blks 1-4

MLS Listing ID 7039794

Year Built 2018

Annual Tax Amount $4,843

Tax Year 2025

Lot Dimensions 9644

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Turnkey income today with exceptional upside for tomorrow. This unique multifamily opportunity features 2 detached single-family homes, each leased at $2,800/mo. and designed with modern finishes that drive strong tenant demand. Tenants pay water, sewer, and electric, keeping operating expenses low while maximizing cash flow. Each residence offers 3 bed, 2.5 bath, attached 2-car garage, open living spaces, quartz countertops, stainless steel appliances, and contemporary design. Future appreciation and income potential are enhanced by the opportunity to add an ADU to each home (buyer to verify). Prime location near the Biltmore Corridor, SR-51, major employers, shopping, and dining. A rare combination of stable income, low expenses, and long-term value-add potential. Drive by only.

Location

State AZ

County Maricopa

Community Avalon Blks 1-4

Area Maricopa

Zoning R-3

Direction From Thomas Road head South on 24th Street, Right on Oak Street to property on Right side of Street.

Interior

Heating Electric

Cooling Ceiling Fan(s), Electric

Flooring Ceramic Tile

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, W/D Hookup

Exterior

Parking Features Attached Garage, Paved, Add'l Parking Avail, On Street

Community Features No Pool

Roof Type Composition

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools William T Machan Elementary School

Middle Schools Biltmore Preparatory Academy

High Schools Camelback High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 117-08-031-A

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange


Arizona Regional MLS (ARMLS)
Listed by Compass • Josh Gonzalez

NEARBY SCHOOLS & PROPERTIES

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2324 E OAK Street