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$980,000
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Property Description
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.
Full Property Details
Full Property Details for 2324 E Oak St
General
- Price: $980,000
- Taxes: $4,843 (2025)
- Status: Active
- Type: Duplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7039794
- Updated: 7/17/2026
- Added to Site: 76 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Washer and Dryer Hookups
- Flooring: Ceramic Tile
Parking
- Parking Features: Attached Garage, Paved, Add'l Parking Avail, On Street
Location
- County: Maricopa
- Township: 2N
- Subdivision: AVALON BLKS 1-4
- Cross Streets: 24th St & Oak ST
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 2018
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 9644
- Frontage: Concrete
- Zoning: R-3
Financial Considerations
- Tax Amount: $4,843
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Landscaping
Disclosures and Reports
- Legal Description: LOT 20 BLOCK 2 AVALON BLKS 1-4 MCR 001624
- Property ID: 117-08-031-A
- Range: 3E
- Section: 34
- Block: 2
- Lot Number: 20
Listed by Compass
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Schools
Schools serving 2324 E Oak St
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
William T Machan Elementary School 2140 East Virginia Avenue, Phoenix, AZ 85006 | K-8 | 0.4 mi |
Camelback High School 4612 North 28th Street, Phoenix, AZ 85016 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2324 E Oak St
Date
Details
Price
Change
Source
6/10/2026
Listed
$980,000
24.84%
MLS
11/16/2021
Sold
$785,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2324 E Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,843
—
$35,855
-59%
2025
$4,843
5%
$87,760
2%
2023
$4,608
4%
$85,870
21%
2022
$4,427
—
$70,730
25%
2022
$4,427
-2%
$56,600
9%
2021
$4,535
3%
$52,070
20%
2020
$4,424
1%
$43,360
17%
2019
$4,393
387%
$37,160
347%
2018
$902
4%
$8,310
60%
2017
$867
4%
$5,190
7%
2016
$834
—
$4,845
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2324 E Oak St
2324 E Oak Street, Phoenix, AZ 85006 (MLS# 7039794) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2324 E Oak Street is currently listed for $980,000 and was received on June 10, 2026. Want to learn more about 2324 E Oak Street? Do you have questions about finding other Duplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

