2324 E OAK Street, Phoenix, Arizona, United States, 85006

980,000
for Sale
6
6

About the property:

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 Type:
Multi-Family
Status:
for Sale
House Style:
Other
Bedrooms:
6
Bathrooms:
6
Subdivision:
AVALON BLKS 1-4
Cross Street:
24th St & Oak ST
Directions:
From Thomas Road head South on 24th Street, Right on Oak Street to property on Right side of Street.
Is Bed:
Yes
Is Other:
Yes
Annual Property Taxes:
4,843
Listing ID:
7039794

Rooms

Dimensions

Brokered by:
Compass
Presented By:

Dee Nowell

Real Estate Agent, CDRE®

Compass