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Duplex with Attached Garages
For Sale
$980,000

2324 E OAK Street, Phoenix, AZ 85006

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market75

Property Features for 2324 E OAK Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 6
Parking features Garage - Attached, On Street
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
Subdivision AVALON BLKS 1-4
Elementary school William T Machan Elementary School
Middle school Biltmore Preparatory Academy
High school Camelback High School
Elementary school district Creighton Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions From Thomas Road head South on 24th Street, Right on Oak Street to property on Right side of Street.
Standard status Active
APN 117-08-031-A

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 20 BLOCK 2 AVALON BLKS 1-4 MCR 001624
Tax Annual Amount 4843
Legal Description LOT 20 BLOCK 2 AVALON BLKS 1-4 MCR 001624

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Electric

Building Details

Year built 2018
Number of units 2
Flooring type Tile - Ceramic
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: Compass
Listed By: Josh Gonzalez
Added: Jun 9 Changed: Aug 2 Last Checked: Aug 22 at 9:06PM
MLS# 7039794

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex features two detached single-family homes, each currently leased and designed with modern finishes. Each residence includes three bedrooms and 2.5 bathrooms, an attached 2-car garage, open living spaces, quartz countertops, and stainless steel appliances. Flooring is ceramic tile, with electric heating and electric cooling with ceiling fans. The homes also include built-in range, disposal, dishwasher, refrigerator, and W/D hookup, supported by a public sewer connection. Parking includes attached garage and on-street spaces, and the roof is a composition roof.

The property is zoned R-3 and offers tenants responsibility for water, sewer, and electric, which can help manage ongoing operating expenses. The location is near the Biltmore Corridor and SR-51, with access to major employers, shopping, and dining. Drive by only.

An opportunity is described for adding an ADU to each home (buyer to verify).

Key Highlights

  • Two detached single‑family homes, both currently leased
  • Zoned R‑3 with public sewer service
  • Each home offers 3 beds and 2.5 baths plus an attached 2‑car garage

Property Analytics

Current Use

Unit 1 Housing Complex

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic Grocery & Convenience Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,826
Businesses Nearby

Demographics for 85006, AZ

23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two detached single-family residences on an R-3 zoned duplex site with attached 2-car garages and electric utilities.
Where is this duplex located?
The property is located at 2324 E OAK Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Two detached single‑family homes, both currently leased; Zoned R‑3 with public sewer service; Each home offers 3 beds and 2.5 baths plus an attached 2‑car garage
More about this property
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