About 2324 E Oak Street
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.
Features of 2324 E Oak Street
| MLS® # | 7039794 |
|---|---|
| Price | $980,000 |
| Bedrooms | 6 |
| Bathrooms | 50.00 |
| Year Built | 2018 |
| Type | Multiple Dwellings |
| Status | Active |
Community Information
| Address | 2324 E Oak Street |
|---|---|
| Subdivision | AVALON BLKS 1-4 |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85006 |
Amenities
| Amenities / Community Features | No Pool |
|---|---|
| Parking Spaces | 8 |
| Parking | Attached Garage, Paved, Add'l Parking Avail, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Built-In Range, Disposal, Dishwasher, Refrigerator, W/D Hookup |
|---|---|
| Heating | Electric |
| Cooling | Ceiling Fan(s), Electric |
| Fireplace | No |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Frame, Painted, Stucco |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | William T Machan Elementary School |
| Middle | Biltmore Preparatory Academy |
| High | Camelback High School |
Additional Information
| Zoning | R-3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|