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About This Home

This 2-bedroom, 0-bathroom residential multi family at 2324 W LONE CACTUS Drive unit: 101 in Phoenix, AZ is listed for $749,900. Built in 2004, on a N/A lot.

Agent 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.

Key Features

  • Built in 2004

Property Details

1 full
2004

Amenities

A/C

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

2324 W LONE CACTUS Drive unit: 101

Phoenix, AZ 85027

LONE CACTUS APARTMENTS

Property Details

Flooring

CarpetConcreteVinyl

Construction

Wood Frame Painted Stucco

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

ElectricHeat Pump

Appliances

DisposalDishwasherRefrigeratorBuilt-In Electric OvenWasher/Dryer

Questions & Answers

This 2-bedroom, 0-bathroom residential multi family at 2324 W LONE CACTUS Drive unit: 101 is listed at $749,900. The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.

Key features include: Built in 2004.

This property is listed by James C Stephens and can be reached at 6026723526 or cstephens@ccim.net.

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JS

James C Stephens

Agent at Better Homes & Gardens Real Estate SJ Fowler

(602) 672-3526

Listed by Better Homes & Gardens Real Estate SJ Fowler

MLS# 6969622· Source: listhub· Updated 85 days ago

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2324 W LONE CACTUS Drive unit: 101, Phoenix, AZ 85027

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