2324 E Oak St Phoenix, AZ 85006
Central City NeighborhoodEstimated payment $5,837/month
Highlights
- 8 Car Attached Garage
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $4,843
Year Built
- Built in 2018
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 6 Bedrooms
- Ceiling Fan
- Ceramic Tile Flooring
- Fire and Smoke Detector
Parking
- 8 Car Attached Garage
- Additional Parking
- On-Street Parking
Schools
- William T Machan Elementary School
- Biltmore Preparatory Academy Middle School
- Camelback High School
Utilities
- Cooling Available
- Heating Available
- Natural Gas Not Available
Listing and Financial Details
- The owner pays for trash collection, landscaping
- Legal Lot and Block 20 / 2
- Assessor Parcel Number 117-08-031-A
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 9644
- Avalon Blks 1 4 Subdivision
Building Details
- Operating Expense $4,843
- Gross Income $63,840
- Net Operating Income $67,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,843 | $35,855 | ||
| 2024 | $4,608 | $34,147 | ||
| 2023 | $4,608 | $70,730 | $14,140 | $56,590 |
| 2022 | $4,427 | $56,600 | $11,320 | $45,280 |
| 2021 | $4,535 | $52,070 | $10,410 | $41,660 |
| 2020 | $4,424 | $43,360 | $8,670 | $34,690 |
| 2019 | $4,393 | $37,160 | $7,430 | $29,730 |
| 2018 | $902 | $8,310 | $8,310 | $0 |
| 2017 | $867 | $5,190 | $5,190 | $0 |
| 2016 | $834 | $4,845 | $4,845 | $0 |
| 2015 | -- | $5,168 | $5,168 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | For Sale | $980,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $785,000 | Dhi Title Agency | |
| Special Warranty Deed | $102,000 | Great American Title Agency | |
| Trustee Deed | $101,935 | None Available | |
| Warranty Deed | $75,000 | First American Title Ins Co | |
| Cash Sale Deed | $65,000 | Stewart Title & Tr Phoenix I | |
| Cash Sale Deed | $200,000 | Transnation Title | |
| Warranty Deed | $55,000 | Transnation Title | |
| Warranty Deed | -- | Nations Title Insurance | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $68,400 | Chicago Title Insurance Co | |
| Trustee Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $689,199 | Commercial | |
| Previous Owner | $340,000 | Seller Take Back | |
| Previous Owner | $130,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7039794
APN: 117-08-031A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.