MLS# 6969622 – 2324 W Lone Cactus Drive Unit 101, Phoenix, AZ 85027

Price: $699,900
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 2004
Neighborhood: Lone Cactus Apartments
Days on Website: 106

Courtesy of Better Homes & Gardens Real Estate SJ Fowler

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.

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Property Details and Features

  • Appliances & Equipment
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “See Remarks”
  • “Built-In Electric Oven”
  • “Washer/Dryer”
  • Building
  • Built in 2004
  • Construction materials: “Wood Frame”, “Painted”, “Stucco”
  • 4 total units
  • Cooling
  • “Electric”
  • “Heat Pump”
  • Floors
  • “Carpet”
  • “Vinyl”
  • “Concrete”
  • Heating
  • “Heat Pump”
  • “Electric”
  • Listing
  • Listing ID: 6969622
  • Standard status: Active
  • 104 days on market
  • Location
  • Subdivision name: LONE CACTUS APARTMENTS
  • Parking
  • “Paved”
  • “Free”
  • “>1 Space Per Unit”
  • 8 total parkings
  • Property
  • Zoning: R-5
  • Roof
  • “Composition”
  • Schools
  • High school district: Deer Valley Unified District
  • Security Features
  • “Security Light(s)”
  • Sewer
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,298
  • Lot: 101
  • Utilities
  • “APS”
  • “Individual Meter”

Property Map

$699,900 – 2324 W Lone Cactus Drive Unit 101, Phoenix, AZ 85027

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.