$154,000
$100,000
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SOLD DATE : 07/25/2025
Key Details
Sold Price $154,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oakland
MLS Listing ID 6876127
Sold Date 07/25/25
Year Built 1926
Annual Tax Amount $1,166
Tax Year 2024
Lot Dimensions 60' X 145'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
ONLINE PUBLIC AUCTION - NOT A FORECLOSURE - UNIQUE OPPORTUNITY TO PURCHASE AND REDEVELOP A MULTI-FAMILY PROPERTY IN THE OAKLAND HISTORIC DISTRICT. Fire-damaged multifamily property located in the Oakland Historic District of Phoenix. Zoned R-5 with historical designation, the lot previously featured five permitted rental units and includes plans for redevelopment. Ideal for investors or developers looking to participate in the revitalization of the downtown area. Conceptual plans include studio or 1-bedroom units. Close to ASU Downtown, Light Rail, Roosevelt Row, and Arts District. Property sells at online auction. Sold as-is, where-is, with no contingencies. Buyer to verify all facts. Drive-by preview OK. Online Auction Opportunity - Fire-Damaged Multifamily Property in Downtown Phoenix
330 N 18th Ave, Phoenix, AZ 85007
Auction Ends: Wednesday, July 9, 2025 at 2:00 PM (AZ)
Starting Bid: $100,000
This is a rare opportunity to acquire and redevelop a fire-damaged multifamily property located in the heart of Phoenix's Oakland Historic District. The lot is zoned R-5 and previously featured 5 permitted rental units. It is being offered for sale by court order and sells to the highest bidder at a public online auction. This is not a foreclosure sale.
The sale includes a front duplex structure with fire damage and architectural and structural plans for redevelopment. Conceptual plans envision studios or 1-bedroom units at the rear of the property. The property carries a historical designation and is located in a neighborhood undergoing extensive revitalization with new multifamily construction and restoration of classic homes.
Located just minutes from downtown Phoenix, this property offers convenient access to ASU Downtown, Roosevelt Row, Light Rail, and the Arts District.
Property Features:
0.20± acres / 8,700± SF lot
1,446 SF structure (per tax record)
Zoned R-5 (Multi-Family Residence)
Built in 1926 | Block Construction
Assessor Parcel: 111-24-025
Annual Taxes: $1,166 (2024)
No HOA
City utilities: Water & Sewer (City of Phoenix), Electric (SRP)
Subdivision: Oakland
Auction Terms:
Online bidding only; no registration fee to bid.
10% Buyer's Premium added to the high bid to determine the total purchase price.
10% non-refundable earnest deposit due from the winning bidder; balance due at closing within 30 days.
Property sells as-is, with no warranties or contingencies.
Sale subject to seller approval. Clear title provided with title insurance.
The seller reserves the right to postpone or cancel the auction at any time.
Buyer is responsible for verifying all information independently.
Preview & Inspection:
Drive-by is OK. Bidders are encouraged to review all due diligence materials prior to bidding.
Location
State AZ
County Maricopa
Community Oakland
Zoning R-5
Direction North on 18th ave to the property
Interior
Heating None
Cooling None
Flooring Wood
Appliance None
Exterior
Parking Features Free, On Street
Community Features No Pool
Roof Type Composition
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 111-24-025
Financing Other
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