For Sale Multi-Family MLS# 7039794

2324 E OAK Street

Phoenix, AZ 85006

$980,000

arizona-regional-mls-rsd logo

Listing Office

Officearizona-regional-mls-rsd logoCompass
AgentJosh Gonzalez
Phone480-776-1555

About 2324 E OAK Street

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2018
Original price
$980,000
MLS #
7039794

Interior

Features
Ceiling Fan(s), Electric, Electric, Ceramic Tile
Flooring
Ceramic Tile
Heating
Electric
Cooling
Ceiling Fan(s), Electric

Exterior & lot

Features
Attached Garage, Paved, Add'l Parking Avail, On Street, Parking spaces: 8
Construction
Wood Frame, Painted, Stucco, Composition
Roof
Composition
Lot
R-3, 11708031A
Parking
Attached Garage, Paved, Add'l Parking Avail, On Street

Schools

District
Phoenix Union High School District
Elementary
William T Machan Elementary School
Middle
Biltmore Preparatory Academy
High
Camelback High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$4,843
Tax year
2025
Parcel
11708031A

Location

Subdivision
AVALON BLKS 1-4
County
Maricopa
Community
Maricopa, Concrete, Arizona Regional Multiple Listing Service 2, Creighton Elementary District
Directions
From Thomas Road head South on 24th Street, Right on Oak Street to property on Right side of Street.

Location

Neighborhood
AVALON BLKS 1-4
School district
Phoenix Union High School District

Interested in this home?

Questions on 2324 E OAK Street, Phoenix, AZ 85006, or want to see it in person?

The Anderson Team · (480) 900-9140

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Real Broker AZ, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.