2324 W Lone Cactus Drive Unit 101, Phoenix, AZ 85027
- $697,000
- Sold Price
- $697,000
- List Price
- $699,900
- Closing Date
- May 22, 2026
- Days on Market
- 120
- Status
- CLOSED
- MLS#
- 6969622
- City
- Phoenix
- Subdivision
- Lone Cactus Apartments
- Year Built
- 2004
Property Description
Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2-bedroom units. 6.62 CAP +/- based on the 2025 P&L. Only $202/sf. FULL PRICE OFFERS ONLY CONSIDERED. No HOA. Fully stabilized with historically strong occupancy. There are many amenities with the complex, including in-suite washer/dryer units, dishwashers, storage units, ample parking, & great unit layouts. Well-maintained & managed. Deer Valley is a diverse village bordering Peoria & the Loop 101. Close to the Cave Buttes, Moon Valley, & the Adobe Dam Regional Park, as well as many businesses. This location provides a rich tenant-base & convenience. Please do not disturb the tenants.
/u.realgeeks.media/scottschulte/logo.png){kind=logo}
Additional Information
- Community Features
- Other, See Remarks
- Construction
- Wood Frame, Painted, Stucco
- Cooling
- Heat Pump, Electric
- Electric
- APS, Individual Meter
- Flooring
- Other
- Heating
- Electric, Heat Pump
- New Financing
- Conventional, No Carry, Cash
- Parking Features
- Open, Paved, >1 Space Per Unit, See Remarks
- Roofing
- Composition
- Sewer
- Sewer-In & Connected
- Subdivision
- Lone Cactus Apartments
- Taxes
- $1,298
- Tax Year
- 2025
- Tenant Pays
- Electricity
- Units
- 4
- Water
- Master Meter, City Franchise
- Zoning
- R-5
Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Prestige Realty.
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.