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$289,000
2 Beds ⋅ 2 Baths ⋅ 7055892 MLS ⋅ 910 SqFt.
Single family home was 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 interior of the home was updated approximately six years ago. The property is currently leased until 10/31/2026 and produces rental income. Neighboring property at 326 N 18th Ave, which is a duplex, is also for sale, see MLS 7055964 . 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, both zoned R-5 and total 0.4 acres. Both properties generate income under current use, which lets a buyer hold and collect rent while pursuing entitlements. Buyer to confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.

324 N 18th Avenue, Phoenix
$524,900
4 Beds ⋅ 4 Baths ⋅ 7039911 MLS ⋅ 1,269 SqFt.
Experience the charm and versatility of this unique property in Phoenix's desirable Woodlands Historic District, just minutes from downtown, Chase Field, and local dining and entertainment. The 3-bedroom, 2-bath main home offers 1,269 sq ft of comfortable living, while the fully renovated 725 square foot casita features a private entrance, 1 bedroom, 2 bathrooms, and a flexible bonus space, making it ideal for guests, multigenerational living, or rental income potential. Enjoy fresh landscaping, a paver driveway and backyard patio, plus a block and steel fence for added privacy and security. A rare opportunity to own a property that combines historic character, modern updates, and exceptional flexibility in the heart of Phoenix.

1514 W Monroe Street, Phoenix

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