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$297,000
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Property Description
Development Potential - Zoned R-5. Single family home built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. The home offers 2 bedrooms and 1.5 bathrooms in 910 square feet, with brick construction, an asphalt shingle roof, evaporative cooling, and a covered patio. The property is currently leased and produces rental income. Zoning is R-5 (multiple family residential), and the lot sits directly beside 326 N 18th Ave, a duplex under the same seller. Purchased together, the two parcels total 0.4 acres of R-5 land, positioned for redevelopment into multiple rental units. 324 N 18th Ave and 326 N 18th Ave sit side by side, share R-5 zoning, and total 0.4 acres. Both properties generate income under current use, which lets a buyer hold and collect rent while pursuing entitlements. A developer building to R-5 density standards could redevelop the combined site into as many as 10 rental units, 5 per parcel. Confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.
Full Property Details
Full Property Details for 324 N 18th Ave
General
- Price: $297,000
- Taxes: $1,350 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7055892
- Updated: 7/18/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Full Bth Master Bdrm
- Appliances: Refrigerator
- Flooring: Linoleum
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Wshr/Dry HookUp Only
Parking
- Parking Features: Side Vehicle Entry
Location
- County: Maricopa
- Township: 1N
- Subdivision: OAKLAND
- Cross Streets: Van Buren and 19th Ave
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Mini Split
- Heating Type: Forced Air
Utilities
- Water: City Water
Structural Information
- Architectural Style: Other,
- Exterior Const.: Painted, Brick
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,700
- Lot Size Source: Assessor
- Lot Features: Dirt Front, Dirt Back
Financial Considerations
- Tax Amount: $1,350
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 14 BLOCK 2 OAKLAND MCR 000603
- Property ID: 111-24-023
- Range: 3E
- Section: 6
- Block: 2
- Lot Number: 14
Listed by Cadaci Realty
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Schools
Schools serving 324 N 18th Ave
School Districts:Phoenix Union High School District, Phoenix Elementary District
| Name | Grades | Distance |
|---|---|---|
Capitol Elementary School 330 North 16th Avenue, Phoenix, AZ 85007 | PK-8 | 0.2 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.8 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 324 N 18th Ave
Date
Details
Price
Change
Source
7/18/2026
Listed
$297,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 324 N 18th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,350
—
$9,504
-57%
2025
$1,350
7%
$21,960
-26%
2023
$1,259
4%
$29,500
19%
2022
$1,214
—
$24,810
21%
2022
$1,214
1%
$20,460
30%
2021
$1,205
-1%
$15,710
19%
2020
$1,219
—
$13,160
34%
2019
$1,217
138%
$9,850
21%
2018
$512
2%
$8,130
39%
2017
$500
3%
$5,860
11%
2016
$485
8%
$5,270
12%
2015
$449
-2%
$4,720
40%
2014
$456
47%
$3,360
64%
2013
$310
—
$2,050
—
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 324 N 18th Ave
324 N 18th Avenue, Phoenix, AZ 85007 (MLS# 7055892) is a Single Family property with 2 bedrooms and 1 full bathroom. 324 N 18th Avenue is currently listed for $297,000 and was received on July 18, 2026. Want to learn more about 324 N 18th Avenue? Do you have questions about finding other Single Family real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

