2324 W Lone Cactus Drive 101 Phoenix, AZ 85027
Sold
Listing Courtesy of: Arizona Regional MLS / Listed By: James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler

  2324 W Lone Cactus Drive 101 Phoenix, AZ 85027

Sold on 05/22/2026
$697,000 (USD)

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.

Sold Date:
05/22/2026
Taxes
$1,298
Type
Multifamily
Year Built
2004
County
Maricopa County

Listed By

James "Cass" Stephens, Better Homes And Gardens Real Estate S.J. Fowler
Bought with
Sean Rawlins, Prestige Realty
Source
Arizona Regional MLS
Last checked May 25 2026 at 12:25 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Heat Pump
  • Electric
Flooring
  • Carpet
  • Vinyl
  • Concrete
  • Other
Exterior Features
  • Stucco
  • Painted
  • Wood Frame
  • Roof: Composition
Utility Information
  • Sewer: Sewer-In & Connected, Public Sewer
Parking
  • >1 Space Per Unit
  • Free
  • Paved
  • See Remarks

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 27, 2026
Price Changed
$699,900
-7%
-$50,000
Apr 01, 2026
Price Changed
$749,900
-1%
-$10,000
Mar 12, 2026
Price Changed
$759,900
-1%
-$5,100
Jan 15, 2026
Listed
$765,000
-
-
Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 5/24/26 17:25.