Income-producing multifamily investment. 2 detached single-family homes, leased at $2,800/month each. Tenants responsible for all utilities; water, sewer, electric, creating an efficient, low-maintenance ownership structure. Built with modern finishes and strong tenant appeal, each residence offers 3 beds, 2.5 baths, attached 2-car garage, open living spaces, quartz countertops, stainless appliances, and contemporary design. Additional upside potential with the opportunity to add an ADU to each home (buyer to verify), increasing future cash flow and overall asset value. Conveniently located near major employment centers, the Biltmore corridor, dining, shopping, and 51 access. A rare combination of stable income, low expenses, and future value-add potential. Drive by only.
For sale
$980,000
2324 E OAK Street, Phoenix, AZ 85006
6beds
4baths
4,358sqft
Multi Family
Built in 2018
-- sqft lot
$-- Zestimate®
$225/sqft
$-- HOA
What's special
Open living spacesContemporary designQuartz countertopsStainless appliances
- 33 days |
- 258 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Josh Gonzalez 602-639-0644,
Compass
Source: ARMLS,MLS#: 7039794

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range, Disposal, Dishwasher, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 4,358
- Total interior livable area: 4,358 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Paved, Add'l Parking Avail, On Street
- Has attached garage: Yes
- Covered spaces: 4
- Uncovered spaces: 4
Lot
- Size: 9,644 Square Feet
- Dimensions: 9644
Details
- Parcel number: 11708031A
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco
- Roof: Composition
Condition
- Year built: 2018
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: AVALON BLKS 1-4
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $878,700
- Annual tax amount: $4,843
- Date on market: 6/9/2026
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $980,000-21.6%$225/sqft |
Source: | ||
| 7/23/2024 | Listing removed | $1,249,999$287/sqft |
Source: | ||
| 5/2/2024 | Price change | $1,249,9990%$287/sqft |
Source: | ||
| 3/20/2024 | Listed for sale | $1,250,000+59.2%$287/sqft |
Source: | ||
| 11/19/2021 | Sold | $785,000-5.4%$180/sqft |
Source: Public Record Report a problem | ||
| 12/12/2019 | Listing removed | $830,000$190/sqft |
Source: EMG Real Estate #5988525 Report a problem | ||
| 10/7/2019 | Price change | $830,000-3.5%$190/sqft |
Source: EMG Real Estate #5988525 Report a problem | ||
| 9/28/2019 | Price change | $860,000+3.6%$197/sqft |
Source: EMG Real Estate #5957437 Report a problem | ||
| 7/27/2019 | Listed for sale | $830,000+713.7%$190/sqft |
Source: BG Real Estate #5957437 Report a problem | ||
| 9/8/2017 | Sold | $102,000+36%$23/sqft |
Source: Public Record Report a problem | ||
| 1/22/2016 | Sold | $75,000+0.1%$17/sqft |
Source: Public Record Report a problem | ||
| 11/16/2015 | Listed for sale | $74,900+15.2%$17/sqft |
Source: Century 21 Arizona West #5363054 Report a problem | ||
| 10/28/2015 | Sold | $65,000-7.1%$15/sqft |
Source: Public Record Report a problem | ||
| 8/12/2015 | Listed for sale | $70,000-65%$16/sqft |
Source: Realty ONE Group #5319750 Report a problem | ||
| 5/31/2005 | Sold | $200,000+263.6%$46/sqft |
Source: Public Record Report a problem | ||
| 1/24/2005 | Sold | $55,000-19.6%$13/sqft |
Source: Public Record Report a problem | ||
| 8/30/1996 | Sold | $68,400$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,843 +3.9% | $87,870 +2.3% |
| 2024 | $4,661 +1.2% | $85,870 +164% |
| 2023 | $4,608 +4.1% | $32,521 -42.5% |
| 2022 | $4,427 +0.1% | $56,600 +8.7% |
| 2021 | $4,424 +0.7% | $52,070 +20.1% |
| 2020 | $4,393 +387% | $43,360 +16.7% |
| 2019 | $902 | $37,160 +347.2% |
| 2018 | $902 +4% | $8,310 +60.1% |
| 2017 | $867 | $5,190 +7.1% |
| 2016 | -- | $4,845 -6.3% |
| 2015 | -- | $5,168 -42.8% |
| 2007 | -- | $9,040 -8.7% |
| 2006 | -- | $9,900 |
| 2005 | -- | $9,900 +11.2% |
| 2004 | -- | $8,900 |
| 2003 | -- | $8,900 +42.4% |
| 2002 | -- | $6,250 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 8/10William T Machan Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: William T Machan Elementary School
- Middle: Biltmore Preparatory Academy
- High: Camelback High School
- District: Creighton Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arizona
- Maricopa County
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- 85006
- Encanto
- 2324 E OAK Street