Back to homes in Phoenix

2431 E PUEBLO Avenue, Phoenix AZ 85040

$719,900

Ivy RealtyBrokerage: Ivy Realty
(623) 299-4954
2431 E PUEBLO Avenue, Phoenix photo 11 / 9

Home 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

Loading map...

Nearby sales

Closed within about ¾ mile in the last 6 months (ARMLS).

AddressSoldPriceBeds/BathsSq ftListing brokerage
2242 E CHIPMAN RoadSep 29, 2026$300,0003/11,036Compass
2814 E ATLANTA AvenueSep 29, 2026$385,0003/21,453Premier Agent Network
4451 S 20TH StreetSep 10, 2026$277,0003/1980Opendoor Brokerage, LLC
2336 E MARGUERITE AvenueSep 7, 2026$460,0004/31,961Keller Williams Integrity First Realty
2552 E ATLANTA AvenueSep 2, 2026$425,0003/21,595West USA Realty
1951 E MARGUERITE AvenueAug 27, 2026$325,0003/21,364Good 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 logoEqual 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).

    Get Started