324 N 18th Avenue, Phoenix, AZ 85007
Local realty services provided by:HUNT Real Estate ERA
324 N 18th Avenue,Phoenix, AZ 85007
$297,000
- 2 Beds
- 2 Baths
- 910 sq. ft.
- Single family
- Active
Listed by: cindy dallas, ken dallas
Office: cadaci realty
MLS#:7055892
Source:ARMLS
Price summary
- Price:$297,000
- Price per sq. ft.:$326.37
About this home
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....
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Home facts
- Year built:1926
- Listing ID #:7055892
- Updated:July 20, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Flooring:Linoleum
- Living area:910 sq. ft.
Heating and cooling
- Cooling:Mini Split
Structure and exterior
- Year built:1926
- Building area:910 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Dirt Back, Dirt Front
- Construction Materials:Brick, Painted
Schools
- High school:Central High School
- Middle school:Capitol Elementary School
- Elementary school:Capitol Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$297,000
- Price per sq. ft.:$326.37
- Tax amount:$1,350 (2025)
Features and amenities
- Laundry features:Washer/Dryer Hook-up Only
Parking
- Parking description:Side Vehicle Entry
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