2324 E OAK Street, Phoenix, AZ, 85006
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Roof: Composition
- Construction materials: Wood Frame,Painted,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Built-In Range,Disposal,Dishwasher,Refrigerator
- Laundry features: W/D Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 4,358
- Total interior livable area: 4,358 sqft
Property
Details
- Parcel number: 11708031A
- Zoning: R-3
Lot
- Lot size: 9,644 sqft
- Lot size dimensions: 9644
Parking
- Total spaces: 8
- Parking features: Attached,Paved,Add'l Parking Avail,On Street
- Has garage: Yes
- Covered spaces: 4
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,955 | $59,460 |
| Home Insurance | $304 | $3,648 |
| Property Taxes | $359 | $4,308 |
| Electricity | $461 | $5,538 |
| Total | $6,079 | $72,948 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-10 | Listed for sale | $980,000 |
| 2024-07-23 | Listing removed | $1,249,999 |
| 2024-05-02 | Price change | $1,249,999 |
| 2024-03-20 | Listed for sale | $1,250,000 |
| 2021-11-19 | Sold | $785,000 |
| 2019-12-12 | Listing removed | $830,000 |
| 2019-10-07 | Price change | $830,000 |
| 2019-09-28 | Price change | $860,000 |
| 2019-07-27 | Listed for sale | $830,000 |
| 2017-09-08 | Sold | $102,000 |
| 2016-01-22 | Sold | $75,000 |
| 2015-11-16 | Listed for sale | $74,900 |
| 2015-10-28 | Sold | $65,000 |
| 2015-08-12 | Listed for sale | $70,000 |
| 2005-05-31 | Sold | $200,000 |
| 2005-01-24 | Sold | $55,000 |
| 1996-08-30 | Sold | $68,400 |
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