421 N 18th Drive, Phoenix, AZ 85007

$330,000

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Sold Price
$330,000
List Price
$375,000
Closing Date
Apr 13, 2026
Days on Market
38
Status
CLOSED
MLS#
6988478
City
Phoenix
Subdivision
Oakland
Year Built
1926

Property Description

Ideal triplex for investors seeking strong cash flow and reliable monthly income. Zero vacancy the past 7+ years! Located just minutes from Downtown and freeway access. Two 2-bedroom, 1 bath units and one studio. Each unit individually metered for electricity. In-unit laundry! NEW ROOF IN 2025! Large lot provides room for expansion. While fully occupied and positioned for immediately cash flow, there is value-add opportunity here. Great investment as-is with attractive potential.

Additional Information

Elementary School
Capitol Elementary School
High School
Metro Tech High School
Middle School
Capitol Elementary School
Community Features
Other
Construction
Block, Painted, Stucco
Cooling
Central Air, Heat Pump, Electric, Varies by Unit, Ceiling Fan(s)
Electric
APS, Individual Meter
Heating
Electric, Heat Pump, Varies by Unit, Central
New Financing
VA Loan, FHA, Conventional, Cash
Parking Features
On Street
Roofing
Foam
Subdivision
Oakland
Taxes
$814
Tax Year
2025
Tenant Pays
Electricity
Units
3
Water
City Franchise
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of McMath Realty LLC. Selling Office: HomeSmart Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.