2431 E PUEBLO Avenue Phoenix, AZ $ 719,900
2431 E PUEBLO Avenue
$ 719,900
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2431 E PUEBLO Avenue

Phoenix, AZ, 85040
$ 719,900
Baths0.0

Monthly Estimate*

$ 4,546

2431 E PUEBLO Avenue, Phoenix, AZ 85040 - Image 1
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2431 E PUEBLO Avenue, Phoenix, AZ 85040 - Image 9
Studio

Multi-Family Home for sale in Phoenix, AZ

for $719,900. This home was built in 2025.

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.

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Multi-Family Active

Price

$ 719,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,490

Style

Multiple Dwellings

Year Built

2025

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7039557

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s) Heat Pump Individual
Roof Composition
Zoning R3
Construction Materials Wood Frame Stucco
Year Built 2025
Electric SRP Individual Meter
Tax Year 2026
Ownership Fee Simple Fee Simple
Gross Income 55200.0
Community Features No Pool
County Maricopa
Net Operating Income 42990.0
Operating Expense 15725.0
Insurance Expense 1040.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Subdivision Name NORTH BROADWAY ESTATES
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
Elementary School Percy L Julian School
Tax Annual Amount 2490.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Percy L Julian School
Water Sewer Expense 3351.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Roosevelt Elementary District
Tax Lot 74
Cap Rate 5.97
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Attached Garage Add'l Parking Avail Garage Door Opener >1 Space Per Unit
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 7353 SF
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2431
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* Excluded Features
List By
Re/Max Excalibur

Broker

dean@deanselvey.com

Email

Affordability Calculator

$4,753
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,546
Monthly Property Taxes
$208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4328234 Elementary School
4327831 Middle School
South Mountain High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$719,900 Listed Price

Map


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2431 E PUEBLO Avenue, Phoenix, AZ, 85040 is a Multi-Family Home for sale at $719,900. 2431 E PUEBLO Avenue is a studio with 0.0 baths and was built in 2025. The property's zip code is 85040 which is in Phoenix, AZ