2509 E BROADWAY Road Phoenix, AZ ^$ 770,000

2509 E BROADWAY Road

^$ 770,000

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2509 E BROADWAY Road

Phoenix, AZ, 85040

^$ 770,000

Studio Baths0.0

Monthly Estimate*

^$ 4,741

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $770,000. This home was built in 2023.

Modern duplex opportunity featuring Units 2 & 3 at 2509 E Broadway Rd. Built in 2024, each unit offers 3 bedrooms, 2.5 bathrooms, and a private 2-car garage. Thoughtfully designed with open floor plans, walk-out decks, quartz countertops, stainless steel appliances, and epoxy garage floors. Each unit also includes a private fenced backyard plus access to a shared courtyard space for the four-unit community. Excellent flexibility for investors or owner-occupants--rent both units for strong cash flow or live in one while renting the other. Area rents are approximately $2,800 per unit, making this a compelling income opportunity in a growing area with additional new construction nearby.

Multi-Family Active

Price

^$ 770,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,369

Style

Multiple Dwellings

Year Built

2023

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6998788

Features

General

Sewer Public Sewer

Heating Electric

Cooling Ceiling Fan(s) Electric Heat Pump

Roof Foam

Zoning R-5

Construction Materials Wood Frame Painted Stucco

Year Built 2023

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 65184.0

Community Features Barbecue Play Area

County Maricopa

Net Operating Income 65184.0

Operating Expense 4569.0

New Construction N

Property Type Multiple Dwellings

Subdivision Name BROADWAY ESTATES LOTS 1-10 33-52 75-94

Garage Y/N Y

Status Active

High School South Mountain High School

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 2.0

Number Of Units Total 2

Carport Y/N N

Tax Annual Amount 3369.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Vacant

Elementary School District Roosevelt Elementary District

Tax Lot 9

Cap Rate 8.47

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: VA True

Interior

Flooring Carpet Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Water Source Individual Meter City Franchise

Total Parking 4.0

Number of Buildings 1

Spa N

Lot Dimensions 20x50

Road Surface Type Concrete

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2509

* Excluded Features

List By

Homesmart

Broker

BrettonTrapnell@Gmail.com

Affordability Calculator

$5,022

Per Month

Monthly Principal & Interest: $4,741
Monthly Property Taxes: $281
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,272,583

Percent of Sale Price 65%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

South Mountain High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2026	$770,000		Listed Price

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2509 E BROADWAY Road, Phoenix, AZ, 85040 is a Multi-Family Home for sale at $770,000. 2509 E BROADWAY Road is a studio with 0.0 baths and was built in 2023. The property's zip code is 85040 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/31/2026.

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2509 E BROADWAY Road

Multi-Family Home for sale in Phoenix, AZ

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