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$697,000
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Property Description
Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2-bedroom units. 6.62 CAP +/- based on the 2025 P&L. Only $202/sf. FULL PRICE OFFERS ONLY CONSIDERED. No HOA. Fully stabilized with historically strong occupancy. There are many amenities with the complex, including in-suite washer/dryer units, dishwashers, storage units, ample parking, & great unit layouts. Well-maintained & managed. Deer Valley is a diverse village bordering Peoria & the Loop 101. Close to the Cave Buttes, Moon Valley, & the Adobe Dam Regional Park, as well as many businesses. This location provides a rich tenant-base & convenience. Please do not disturb the tenants.
Full Property Details
Full Property Details for 2324 W Lone Cactus Dr #101
General
- Sold For: $697,000
- Taxes: $1,298 (2025)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6969622
- Added to Site: 131 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Refrigerator, See Remarks, Built-In Electric Oven, Washer/Dryer
- Flooring: Other, Carpet, Vinyl, Concrete
Additional Information
- Security/Safety: Security Light(s)
Parking
- Parking Features: See Remarks, Paved, Free, >1 Space Per Unit
Location
- County: Maricopa
- Township: 4N
- Subdivision: LONE CACTUS APARTMENTS
- Cross Streets: Deer Valley Rd & I-17
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Water: Master Meter, City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 2004
Unit Information
- Vacancy %: .03
Lot Features
- Frontage: Asphalt
- Zoning: R-5
Financial Considerations
- Tax Amount: $1,298
- Tax Year: 2025
- Terms: No Carry, Conventional
- Owner Pays: Water, Sewer
Disclosures and Reports
- Legal Description: LOT 101 LONE CACTUS APARTMENTS CONDOMINIUM MCR
- Property ID: 209-07-114
- Range: 2E
- Section: 24
- Lot Number: 101
Listed by Better Homes & Gardens Real Estate SJ Fowler
Sold by Prestige Realty
Get Pre-Approved Today
Schools
Schools serving 2324 W Lone Cactus Dr #101
School District:Deer Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Esperanza Elementary School, Phoenix, AZ 251 West Mohawk Lane, Phoenix, AZ 85027 | K-6 | 1.9 mi |
Deer Valley Middle School 21100 North 27th Avenue, Phoenix, AZ 85027 | 7-8 | 0.6 mi |
Barry Goldwater High School 2820 West Rose Garden Lane, Phoenix, AZ 85027 | 9-12 | 0.7 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 W Lone Cactus Dr #101
Date
Details
Price
Change
Source
5/22/2026
Sold
$697,000
-0.41%
MLS
4/27/2026
Price Reduced
$699,900
-6.67%
MLS
3/31/2026
Price Reduced
$749,900
-1.32%
MLS
3/12/2026
Price Reduced
$759,900
-0.67%
MLS
1/16/2026
Listed
$765,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2324 W Lone Cactus Drive #101, Phoenix, AZ 85027 (MLS# 6969622) is a Multi-Family property that was sold at $697,000 on May 22, 2026. Want to learn more about 2324 W Lone Cactus Drive #101? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

