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Tiffany Soto

tiffany@azhnc.com +1(480) 341-1459

$ 297,000

Est. payment -/mo

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324 N 18TH Avenue Phoenix, AZ 85007

2 Beds

1.5 Baths

910 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 910 sqft

Price per Sqft $326

Subdivision Oakland

MLS Listing ID 7055892

Style Other

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1926

Annual Tax Amount $1,350

Tax Year 2025

Lot Size 8,700 Sqft

Acres 0.2

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Development Potential - Zoned R-5. Single family home built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. The home offers 2 bedrooms and 1.5 bathrooms in 910 square feet, with brick construction, an asphalt shingle roof, evaporative cooling, and a covered patio. The property is currently leased and produces rental income. Zoning is R-5 (multiple family residential), and the lot sits directly beside 326 N 18th Ave, a duplex under the same seller. Purchased together, the two parcels total 0.4 acres of R-5 land, positioned for redevelopment into multiple rental units. 324 N 18th Ave and 326 N 18th Ave sit side by side, share R-5 zoning, and total 0.4 acres. Both properties generate income under current use, which lets a buyer hold and collect rent while pursuing entitlements. A developer building to R-5 density standards could redevelop the combined site into as many as 10 rental units, 5 per parcel. Confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.

Location

State AZ

County Maricopa

Community Oakland

Area Maricopa

Direction East to 18th Avenue. North on 18th Avenue to property on the left. Look for the sign. Two properties available, 324 and 326 N 18th.

Rooms

Master Bathroom true

Den/Bedroom Plus 2

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen, Full Bth Master Bdrm

Heating Forced Air

Cooling Mini Split

Flooring Linoleum

Fireplace No

Appliance Refrigerator

SPA None

Laundry Wshr/Dry HookUp Only

Exterior

Parking Features Side Vehicle Entry

Fence Back Yard, Chain Link

Community Features Historic District

Utilities Available APS

Roof Type Composition

Private Pool No

Building

Lot Description Dirt Front, Dirt Back

Story 1

Builder Name Unknown

Sewer Public Sewer

Water City Water

Architectural Style Other

New Construction No

Schools

Elementary Schools Capitol Elementary School

Middle Schools Capitol Elementary School

High Schools Central High School

School District Phoenix Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 111-24-023

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Horse Property N

Disclosures Agency Discl Req, Seller Discl Avail

Possession By Agreement, Subject To Tenant Rights

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Owner/Agent

Listed by Cadaci Realty • Cindy Dallas

Tiffany Soto

Co-Founder // Residential Investment Advisor | License ID: SA692551000

+1(480) 341-1459

Tiffany Soto

324 N 18TH Avenue Phoenix, AZ 85007

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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324 N 18TH Avenue