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

> **TL;DR:** 2bd/0ba residential multi family, $749,900, built 2004.
> A/C. Est. $3,250/mo. Listed 85 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,900 |
| Bedrooms | 2 |
| Year Built | 2004 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 85 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,250 |
| **Total** | **$3,250** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2004

## Description

### 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.

## Location

- **Address:** 2324 W LONE CACTUS Drive unit: 101, Phoenix, AZ 85027
- **County:** Maricopa
- **Neighborhood:** LONE CACTUS APARTMENTS
- **Coordinates:** 33.679984, -112.109331
- **Google Maps:** https://www.google.com/maps?q=33.679984,-112.109331

## Listing Agent

- **Name:** James C Stephens
- **Brokerage:** Better Homes & Gardens Real Estate SJ Fowler
- **Phone:** 6026723526
- **Email:** cstephens@ccim.net

## Primary Photo

![2324 W LONE CACTUS Drive unit: 101 - Primary Photo](http://lh.rdcpix.com/417a63d5bf8f07c2499da77b1b12ef47l-f3489639562r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/2324-w-lone-cactus-drive-unit-101-phoenix-az-85027-6969622)*

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**MLS#:** 6969622 | **Updated:** 2026-04-29
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2324-w-lone-cactus-drive-unit-101-phoenix-az-85027-6969622)

---

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