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2324 W Lone Cactus Drive , #101

Phoenix, AZ 85027
  • $749,900
  • STATUS: Active
  • ID#: 6969622
$749,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2004
County:
Area:

School Ratings & Info

Description

Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2-bedroom units. Offered at a highly 6.18 CAP +/- based on the 2025 P&L. Only $216/sf. 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. Solid $1200/rents that still offer room for increases. 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.

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-19T00:13:17.663.
www.arizonahomesearch.com/homes/172189347
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2324 W Lone Cactus Drive , #101 Phoenix, AZ 85027

  • Price: $749,900
  • Status: Active
  • On Site: Days
  • ID#: 6969622
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2004
Built
Neighborhood:
Lone Cactus Apartments
County:
Maricopa
Area:
Phoenix
Property Description
Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2-bedroom units. Offered at a highly 6.18 CAP +/- based on the 2025 P&L. Only $216/sf. 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. Solid $1200/rents that still offer room for increases. 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.
Exterior Features

Attached Garage YN No Construction Materials Wood FramePaintedStucco Covered Spaces 0 Exterior Features [] Open Parking Spaces 8 Parking Features See RemarksPavedFree>1 Space Per Unit Road Surface Type Asphalt Roof Composition

Interior Features

Appliances Included Washer Dryer Yes Cooling ElectricHeat Pump Cooling YN Yes Heating Heat PumpElectric Heating YN Yes Interior Features []

Property Features

Community Features OtherSee Remarks Disclosures Seller Prop Disc Stm Flooring OtherCarpetVinylConcrete Gross Income 56842 Listing Terms No CarryConventional Owner Pays WaterSewer Ownership Fee Simple Project Type Quadraplex Yes Property Condition [] Security Features Security Light(s) Sewer Sewer-In & ConnectedPublic Sewer Tax Annual Amount 1298 Tax Year 2025 Water Source Master MeterCity Franchise Zoning R-5

Arizona Regional MLS logo Listing provided by Better Homes & Gardens Real Estate SJ Fowler: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-04-19T00:13:17.663.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718