421 N 18TH Drive Phoenix, AZ ^$ 375,000

421 N 18TH Drive

^$ 375,000

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Recently Listed

421 N 18TH Drive

Phoenix, AZ, 85007

^$ 375,000

Studio Baths0.0

Monthly Estimate*

^$ 2,309

421 N 18TH Drive, Phoenix, AZ 85007 - Image 1

421 N 18TH Drive, Phoenix, AZ 85007 - Image 2

421 N 18TH Drive, Phoenix, AZ 85007 - Image 3

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421 N 18TH Drive, Phoenix, AZ 85007 - Image 5

421 N 18TH Drive, Phoenix, AZ 85007 - Image 6

Studio

Multi-Family Home for sale in Phoenix, AZ

for $375,000. This home was built in 1926.

Ideal triplex for investors seeking strong cash flow and reliable monthly income. 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! 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.

Multi-Family Active

Price

^$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 814

Style

Multiple Dwellings

Year Built

1926

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6988478

Features

General

Sewer Public Sewer

Heating Individual Central Heat Pump Electric

Cooling Central Air Ceiling Fan(s) Electric Heat Pump Individual

Roof Foam

Zoning R-5

Construction Materials Painted Stucco Block

Year Built 1926

Electric APS Individual Meter

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 32400.0

Community Features Other

County Maricopa

Net Operating Income 29240.0

Operating Expense 3974.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name OAKLAND

Garage Y/N N

Status Active

Directions North on 19th Ave from Van Buren. West on Polk St. North on 18th Dr.

High School Metro Tech High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 0.0

Number Of Units Total 3

Carport Y/N N

Elementary School Capitol Elementary School

Tax Annual Amount 814.0

Middle/Junior High School Capitol Elementary School

Water Sewer Expense 3160.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Phoenix Elementary District

Tax Lot 6

Cap Rate 7.8

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Tile Laminate

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features On Street

Water Source City Franchise

Total Parking 0.0

Number of Buildings 1

Spa N

Lot Dimensions 8700 sq ft

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 421

* Excluded Features

List By

Mcmath Realty Llc

Broker

tyler@mcmathrealty.com

Affordability Calculator

$2,377

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $68
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,265,490

Percent of Sale Price 237%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327863 Elementary School

4327863 Middle School

Metro Tech High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2026	$375,000		Listed Price

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421 N 18TH Drive, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $375,000. 421 N 18TH Drive is a studio with 0.0 baths and was built in 1926. The property's zip code is 85007 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/23/2026.

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421 N 18TH Drive

Multi-Family Home for sale in Phoenix, AZ

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