326 N 18th Avenue, Phoenix, AZ 85007 (MLS# 7055964)

326 N 18th Avenue, Phoenix, AZ 85007

$379,700

Property Type: Multiple Dwellings Bedrooms: 5 Baths: 3 Status: Pending

Current Price: $379,700 Last Modified: 10/07/2026

Overview

Description

Income producing Duplex built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. One 2 bed 1 bath unit and one 1 bed 1 bath unit. Construction is masonry and reinforced concrete tilt up frame. Both units are currently leased and produce rental income. Zoning is R-5 (multiple family residential), and the lot sits directly beside 324 N 18th Ave, single family home, that is also rented, producing income and is also for sale, see MLS 7055892. 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 entitlements.

Supplements: 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.

Listing Details MLS# 7055964

Location, Tax & Legal

House Number: 326
Compass: N
Street Name: 18th
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Country: US
County Code: Maricopa
Subdivision: Oakland
Assessor Number: 111-24-024
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 59.98 x 144.94 x 60.79 x 144.81
Year Built: 1926
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-5
Flood Zone: TBD
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.

Status Change Info

Off Market Date: 2026-09-25
Under Contract Date: 2026-08-12

Legal Info

Lot Number: 15

More Information

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 775
Avg SqFt: 910
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1200
Avg SqFt: 1100
# Baths: Yes

Structure

Bedrooms Total: 5
Bathrooms Total: 3

Income Expenses

Gross Annual Sch Inc: 24300
Net Operating Income: 23085

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Duplex Construction: Block Const - Finish: Stucco Roofing: Built-Up; Foam Floors: Laminate; Tile; Vinyl Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Electric Oven; Refrigerator; Washer/Dryer Heating: Forced Air Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Carport; Add'l Parking Avail Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None

Listing Office: Cadaci Realty

Office Phone: 623-866-4221

Last Updated: October - 07 - 2026