26808 N 24TH Avenue Phoenix, AZ ^$ 1,350,000

26808 N 24TH Avenue

^$ 1,350,000

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Recently Listed

26808 N 24TH Avenue

Phoenix, AZ, 85085

^$ 1,350,000

Studio Baths0.0 Sq 3,540

Monthly Estimate*

^$ 8,524

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Studio

Single Family Home for sale in Phoenix, AZ

for $1,350,000. This 3,540 square foot home was built on a lot size of 0.2.

Excellent investment opportunity! This Residential Assisted Living (RAL) property features **10 full bedrooms and 5 full bathrooms** and is currently leased through **March 2029**, providing immediate and predictable rental income. Current lease rate is **$8,500 per month ($102,000 annually)**. Offered at **$1,350,000**, providing an approximate **7.56% cap rate before owner-paid expenses**. Tenant is responsible for **all utilities and property maintenance**, making this an attractive low-management opportunity for a passive investor. Ideal for investors seeking stable cash flow with an established RAL operator already in place. Please do not disturb tenant. Buyer to verify all facts, figures, licensing, zoning, lease terms, and financial information.

Single Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 0

Style

Business Opportunity

Lot Size

0.2

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7073443

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Central Air Ceiling Fan(s)

Electric Other (See Remarks)

Township 5N

Business Type Professional Service

County Maricopa

Net Operating Income 102000.0

New Construction N

Property Type Business Opportunity

Attached Garage N

Subdivision Name VALLEY VISTA PARCEL A AMD

Status Active

Directions From I-17 exit at Happy Valley Rd and head west. Turn north on N 23rd Ave west on W Desert Hills Dr then north on N 24th Ave. Property will be on your left.

City Phoenix

Disclosures None

Open Parking Spaces 2.0

Lot Size Units Square Feet

Lot Size Square Feet 8776.0

Carport Y/N N

Current Financing Other

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Vacant

Senior Community N

Exterior

Parking Features Free

Water Source City Franchise

Lot Size Area 8776.0

Spa N

Lot Size Acres 0.2

Road Surface Type Asphalt

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 26808

* Excluded Features

List By

Gile Commercial Real Estate

Broker

LUIS@GILECRE.COM

Affordability Calculator

$8,524

Per Month

Monthly Principal & Interest: $8,524
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Single family listings in Phoenix, AZ

Average List Price ^$757,786

Percent of Sale Price 44%

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.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/31/2026	$1,350,000		Listed Price

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26808 N 24TH Avenue, Phoenix, AZ, 85085 is a Single Family Home for sale at $1,350,000 with 3,540 sqft and a lot size of 0.2. 26808 N 24TH Avenue is a studio with 0.0 baths. The property's zip code is 85085 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 9/1/2026.

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26808 N 24TH Avenue

Single Family Home for sale in Phoenix, AZ

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