For Sale Multi-Family MLS# 7039557

2431 E PUEBLO Avenue

Phoenix, AZ 85040

$719,900

About 2431 E PUEBLO Avenue

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2025
Original price
$719,900
MLS #
7039557

Interior

Features
Central Air, Ceiling Fan(s), Heat Pump, Individual, Electric, Tile, Carpet
Flooring
Tile, Carpet
Heating
Electric
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual

Exterior & lot

Features
Attached Garage, Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit, Parking spaces: 4
Construction
Wood Frame, Stucco, Composition
Roof
Composition
Lot
R3, 12221034
Parking
Attached Garage, Add'l Parking Avail, Garage Door Opener, >1 Space Per Unit

Schools

District
Roosevelt Elementary District
Elementary
Percy L Julian School
Middle
Percy L Julian School
High
South Mountain High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,490
Tax year
2026
Parcel
12221034

Location

Subdivision
NORTH BROADWAY ESTATES
County
Maricopa
Neighborhood
Broadway Heritage
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Roosevelt Elementary District

Location

Neighborhood
Broadway Heritage
Subdivision
NORTH BROADWAY ESTATES
School district
Roosevelt Elementary District

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Listed by Dean Selvey, RE/MAX Excalibur

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.