2431 E Pueblo Avenue, Phoenix, AZ 85040
- $719,900
- 6
- BD
- 50
- BA
- List Price
- $719,900
- Status
- ACTIVE
- Days on Market
- 78
- MLS#
- 7039557
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 50
- Year Built
- 2025
Property Description
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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Additional Information
- Taxes
- $2,490
- Net Operating Income
- $42,990
- Cap Rate
- 5.97
- Units
- 2
- Parking Features
- >1 Space Per Unit, Garage Door Opener, Attached Garage
- Construction
- Wood Frame, Stucco
- Roofing
- Composition
- Cooling
- Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)
- Heating
- Electric
- Zoning
- R3
- Subdivision
- North Broadway Estates
- Community Features
- No Pool
- Electric
- Individual Meter, SRP
- Water
- City Franchise
- Tenant Pays
- Electricity, Landscaping
- New Financing
- Conventional, 1031 Exchange, Cash
- Elementary School
- Percy L Julian School
- Middle School
- Percy L Julian School
- High School
- South Mountain High School
Mortgage Calculator
Listing courtesy of RE/MAX Excalibur.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.