2431 E Pueblo Avenue, Phoenix, AZ 85040

$719,900

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List Price
$719,900
Days on Market
50
Status
ACTIVE
MLS#
7039557
City
Phoenix
Subdivision
North Broadway Estates
Year Built
2025

Property Description

Outstanding turnkey investment opportunity! One of two side-by-side duplexes built in 2025, this well-designed property features two-story 3-bedroom, 2.5-bath residences, each with a tandem 2-car garage. Fully leased and stabilized with excellent tenants paying $2,300 per month per unit. Produces approximately $43,000 in annual NOI based on trailing 12-month expenses, reflecting an attractive 6% CAP rate. FHA, VA, conventional, cash, and 1031 buyers are welcome. Investors will love the cash flow, but don't overlook the opportunity for an owner-occupant. Owner pays water only. Upgraded finishes include wood-look plank tile, Samsung stainless appliances, 42'' cabinetry, tiled shower surrounds, and dual-pane windows.

Additional Information

Elementary School
Percy L Julian School
High School
South Mountain High School
Middle School
Percy L Julian School
Community Features
No Pool
Construction
Wood Frame, Stucco
Cooling
Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)
Electric
Individual Meter, SRP
Heating
Electric
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
>1 Space Per Unit, Garage Door Opener, Attached Garage
Roofing
Composition
Subdivision
North Broadway Estates
Taxes
$2,490
Tax Year
2026
Tenant Pays
Electricity, Landscaping
Units
2
Water
City Franchise
Zoning
R3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Excalibur.

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.