$370,000
$379,700
2.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 10/15/2026
Key Details
Sold Price $370,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland
MLS Listing ID 7055964
Sold Date 10/15/26
Bedrooms 5
Year Built 1926
Annual Tax Amount $928
Tax Year 2025
Lot Dimensions 59.98 x 144.94 x 60.79 x 144.81
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Income producing Duplex built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. One 2 bed 1 bath unit and one 1 bed 1 bath unit. Construction is masonry and reinforced concrete tilt up frame. Both units are currently leased and produce rental income. Zoning is R-5 (multiple family residential), and the lot sits directly beside 324 N 18th Ave, single family home, that is also rented, producing income and is also for sale, see MLS 7055892. 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. Buyer to 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
Zoning R-5
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.
Interior
Heating Forced Air, Electric
Cooling Central Air
Flooring Vinyl
Appliance Refrigerator, Free-Standing Electric Oven, Washer/Dryer
Exterior
Parking Features Add'l Parking Avail, Carport
Community Features No Pool
Roof Type Built-Up,Foam
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
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
Senior Community No
Tax ID 111-24-024
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Disclosures Other (See Remarks)
Listing Terms Cash, Conventional
Financing Conventional
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