MLS# 7055892 – 324 N 18th Avenue, Phoenix, AZ 85007

$297,000 - 2Br/2Ba - for Sale in Oakland, Phoenix
Price: $297,000
Beds: 2
Baths: 1 full, 1 half
Living Area SqFt: 910
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.20
Lot Size SqFt: 8,700
Year Built: 1926
Neighborhood: Oakland
Days on Website: 15

Courtesy of Cadaci Realty {attribution_contact}

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.

Property Details and Features

  • Appliances & Equipment
  • “Refrigerator”
  • Bathrooms
  • 1 half bathroom
  • 1 full bathroom
  • 2 total bathrooms
  • Bedrooms
  • 2 total bedrooms
  • Building
  • Built in 1926
  • Architectural style: “Other”
  • Living area: 910
  • Construction materials: “Painted”, “Brick”
  • Cooling
  • “Mini Split”
  • Fence
  • “Back Yard”
  • “Chain Link”
  • Floors
  • “Linoleum”
  • Heating
  • “Forced Air”
  • Home Owner’s Association
  • Association fee includes: “No Fees”
  • Interior Features
  • “Eat-in Kitchen”
  • “Full Bth Master Bdrm”
  • Laundry
  • “Wshr/Dry HookUp Only”
  • Listing
  • Listing ID: 7055892
  • Standard status: Active
  • 17 days on market
  • Location
  • Subdivision name: OAKLAND
  • Lot
  • 0.2 acres
  • 8,700 sqft
  • “Dirt Front”
  • “Dirt Back”
  • Parking
  • “Side Vehicle Entry”
  • Possession
  • “By Agreement”
  • “Subject To Tenant Rights”
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Capitol Elementary School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,350
  • Lot: 14

Property Map

$297,000 – 324 N 18th Avenue, Phoenix, AZ 85007

Street View

Nearby Schools

This content last updated on August 2, 2026 11:23PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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