4115 N 18TH Drive, Phoenix, AZ 85015, Phoenix, 85015 - 2 bed, 1 bath
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Phoenix, AZ 85015
This Dual-Unit Residential Property is listed at $420,000, offering a stable investment opportunity aligned with its $403,547 Fair Market Value. The property features two detached 2BR/1BA homes on one lot, both boasting a Move-in Ready Condition Rating with updated Granite-look Kitchens and modern tile flooring. Each residence includes a Private Patio and separate entrance, situated near the light rail and Clarendon/Encanto area schools. This versatile setup is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting strong rental yields in a high-demand Phoenix corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4115 N 18TH Drive Subject | $400,000* List Price | 2 | 1 | 1,515 | $264 | - |
A 1702 W INDIAN SCHOOL Road Sold | $413,000 | 4 | 2 | 1,591 | $260 | 0.2 mi |
B 1941 W WHITTON Avenue Sold | $400,000 | 3 | 2 | 1,200 | $333 | 0.5 mi |
C 1941 W WHITTON Avenue Sold | $400,000 | 3 | 2 | 1,200 | $333 | 0.5 mi |
D 1811 W ROMA Avenue Sold | $450,000 | 3 | 2 | 1,425 | $316 | 0.4 mi |
E 4218 N 15TH Avenue Sold | $340,300 | 4 | 3 | 1,670 | $204 | 0.4 mi |
F 1701 W ROMA Avenue Sold | $329,900 List Price | 2 | 2 | 1,329 | 0.4 mi | |
G 4245 N 16TH Drive Active | $470,000 List Price | 4 | 2 | 1,491 | $315 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1939, the property has undergone significant renovations and is in move-in ready condition. The kitchen features updated cabinetry, granite-look countertops, and modern stainless steel and black appliances. The interior boasts consistent large-format tile flooring, updated ceiling fans, and fresh paint. The exterior is well-maintained with newer block walls and clean gravel landscaping, indicating that major systems have been updated within the last 5 to 15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8718, living area = 1515.
The property features two detached 2BR/1BA homes on a single lot, providing an exceptional opportunity for house-hacking, multi-generational living, or maximizing rental income.
Located in a high-demand area near the light rail, shopping, and dining, this property offers excellent accessibility and strong long-term investment potential.
Built in 1939, the property may require updates to aging infrastructure such as plumbing, electrical, or roofing to meet modern efficiency and safety standards.
The listing emphasizes that the buyer must verify all square footage and zoning details, indicating potential discrepancies that could affect financing or future development plans.
Charming central Phoenix opportunity with two detached 2BR/1BA homes on one lot, just north of Indian School, east of 19th Ave. Each home offers its own private yard space, separate entrances, and individual parking, creating an ideal setup for multi-generational living or an investor seeking strong rental potential. Fantastic location close to Clarendon/Encanto area schools, 0.5 mile to light rail, shopping, dining and easy freeway access, with strong rental demand. Ideal house-hack opportunity with two separate detached homes on one lot--live in one and rent the other, use both as income properties, or create a flexible multi-generational setup. Buyer to verify all facts and figures, including square footage, schools, and any rental or zoning details to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,515 | 1,474.5 | 54% |
| Lot Size | 8,718 | 7,693 | 74% |
| Price | $400.0K | $370.0K | 59% |
| Price per sq ft | $264 | $264 | 50% |
| Built year | 1939 | 1951 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 994 | 3% |
Apr 10, 2026
$400,000
$420,000
-5% Price Drop
Initial Listing
Jan 22, 2026
$420,000
Initial Listing