324 N 18TH Avenue, Phoenix, AZ 85007

$297,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 910 Lot Size (sq. ft.): 8,700 Status: Active

Current Price: $297,000 Last Modified: 7/19/2026

Overview

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

Supplements: 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.

Listing Details MLS# 7055892

Location, Tax & Legal

House Number: 324
Compass: N
Street Name: 18TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2428
Country: US
County Code: Maricopa
Assessor Number: 111-24-023
Subdivision: OAKLAND
Tax Year: 2025
Assessor's Map #: 24
Legal Description (Abbrev): LOT 14 BLOCK 2 OAKLAND MCR 000603
Assessor's Parcel #: 23
Tax Municipality: Maricopa - COUNTY
Taxes: 1350

Contract Information

Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No

General Property Description

Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: Yes
# of Interior Levels: Yes
# Bedrooms: 2
Full Bathrooms: Yes
Half Bathrooms: Yes
Total Bathrooms: 2
Approx SQFT: 910
Price/SqFt: 326.37
Horses: N
Builder Name: Unknown
Year Built: 1926
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 8700
Approx Lot Acres: 0.2
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Planned Comm Name: Oakland
Marketing Name: Oakland
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Capitol Elementary School
Jr. High School: Capitol Elementary School
High School: Central High School

Remarks Misc

Cross Street: Van Buren and 19th Ave
Directions: East to 18th Avenue. North on 18th Avenue to property on the left. Look for the sign. Two properties available, 324 and 326 N 18th.

Legal Info

Township: 1N
Range: 3E
Section: 6
Block: 2
Lot Number: 14

Basement

Basement Y/N: N

More Information

Parking Spaces

Slab Parking Spaces: 2
Total Covered Spaces: 0

Showing Notification Methods

Showing Service: Aligned Showings

Special Listing Cond

Owner/Agent: Yes

Construction

Brick: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Pmt & Rate Info

Down Payment: 0
Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2: 0
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 0

Lockbox Type

None: Yes

Architecture

Other: Yes

Master Bathroom

Full Bth Master Bdrm: Yes

Add'l Property Use

None: Yes
Other: Yes
See Remarks: Yes

Flooring

Linoleum: Yes

Community Features

Historic District: Yes

Dining Area

Eat-in Kitchen: Yes

Heating

Forced Air: Yes

Kitchen Features

Refrigerator: Yes

Cooling

Mini Split: Yes

Laundry

Washer Hookup: Yes
220 V Dryer Hookup: Yes

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Back Yard: Yes
Chain Link: Yes

Water Source

City Water: Yes

Spa

None: Yes

Sewer

Sewer - Public: Yes

Parking Features

Side Vehicle Entry: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Utilities

APS: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Landscaping

Dirt Front: Yes
Dirt Back: Yes

Disclosures

Seller Discl Avail: Yes
Agency Discl Req: Yes

Possession

By Agreement: Yes
Subject To Tenant Rights: Yes

Association Fee Incl

No Fees: Yes

Assoc Rules/Info

None: Yes

Property Features

Special Listing Cond: Owner/Agent Add'l Property Use: None; Other; See Remarks Architecture: Other Master Bathroom: Full Bth Master Bdrm Flooring: Linoleum Spa: None Community Features: Historic District Dining Area: Eat-in Kitchen Kitchen Features: Refrigerator Laundry: Washer Hookup; 220 V Dryer Hookup Parking Features: Side Vehicle Entry Construction: Brick Const - Finish: Painted Roofing: Composition Cooling: Mini Split Heating: Forced Air Utilities: APS Water Source: City Water Sewer: Sewer - Public Fencing: Back Yard; Chain Link Landscaping: Dirt Front; Dirt Back Lockbox Type: None Possession: By Agreement; Subject To Tenant Rights Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req

Listing Office: Cadaci Realty

Last Updated: July - 19 - 2026