2431 E PUEBLO Avenue, Phoenix AZ 85040
$719,900
(623) 299-4954
1 / 9Home facts
- Price
- $719,900
- Status
- Active
- Beds
- 6
- Baths
- 50
- Year built
- 2025
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- NORTH BROADWAY ESTATES
- MLS #
- 7039557
Listed by RE/MAX Excalibur · 480-355-3500
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual
Heating
Electric
Electric
SRP, Individual Meter
Flooring
Tile, Carpet
WaterSource
City Franchise
ParkingFeatures
Attached Garage, Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit
CommunityFeatures
No Pool
ConstructionMaterials
Wood Frame, Stucco
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 2242 E CHIPMAN Road | Sep 29, 2026 | $300,000 | 3/1 | 1,036 | Compass |
| 2814 E ATLANTA Avenue | Sep 29, 2026 | $385,000 | 3/2 | 1,453 | Premier Agent Network |
| 4451 S 20TH Street | Sep 10, 2026 | $277,000 | 3/1 | 980 | Opendoor Brokerage, LLC |
| 2336 E MARGUERITE Avenue | Sep 7, 2026 | $460,000 | 4/3 | 1,961 | Keller Williams Integrity First Realty |
| 2552 E ATLANTA Avenue | Sep 2, 2026 | $425,000 | 3/2 | 1,595 | West USA Realty |
| 1951 E MARGUERITE Avenue | Aug 27, 2026 | $325,000 | 3/2 | 1,364 | Good Oak Real Estate |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).
