2324 W Lone Cactus Drive Unit 101, Phoenix, AZ 85027

$697,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$697,000
List Price
$699,900
Status
CLOSED
Days on Market
120
Closing Date
May 22, 2026
MLS#
6969622
Subtype
Multiple Dwellings
Year Built
2004
Subdivision
Lone Cactus Apartments

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.

Additional Information

Taxes
$1,298
Zoning
R-5
Flooring
Other
Appliances
Refrigerator, Dishwasher, Disposal, Washer/Dryer, See Remarks, Built-In Electric Oven
Heating
Electric, Heat Pump
Air Conditioning
Heat Pump, Electric
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
Open, Paved, >1 Space Per Unit, See Remarks

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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks