2324 E Oak Street, Phoenix, AZ 85006

$980,000
6
BD
50
BA

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List Price
$980,000
Status
ACTIVE
Days on Market
94
MLS#
7039794
Subtype
Multiple Dwellings
Year Built
2018
Bedrooms
6
Bathrooms
50
Subdivision
Avalon Blks 1-4

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.

Additional Information

Taxes
$4,843
Zoning
R-3
Flooring
Ceramic Tile
Appliances
Built-In Range, Refrigerator, Dishwasher, Disposal, W/D Hookup
Heating
Electric
Air Conditioning
Electric, Ceiling Fan(s)
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
Paved, On Street, Attached Garage
Elementary School
William T Machan Elementary School
Middle School
Biltmore Preparatory Academy
High School
Camelback High School

Listing courtesy of Compass.

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