$435,000
SOLD JAN 9, 2026
-- Bed
-- Bath
1,984 Sq Ft
1986 Built

Recently Sold

$219 Per Sq Ft

15 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of January 2026

Discover an exceptional value-add multifamily opportunity at Three on Pueblo, a well-located triplex just minutes from Downtown Phoenix, major employment hubs, and key freeway connections. This property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a strong foundation for rental growth in one of Phoenix's most active investment corridors. Property Highlights
Unit Mix:
• (2) Two-Bed / One-Bath Units
• (1) One-Bed / One-Bath Unit
Current Rents (Significantly Under Market
• $900 (2BR)
• $850 (2BR)
• $725 (1BR)
Market Rent Potential:
• 1BR: $1,050+
• 2BR: $1,150-$1,195+
Immediate Value-Add: With rents well below market, investors can quickly improve cash flow and property value. Drive by only all facts and figures are approximate information per MLS and other information

Last Agent to Sell the Property

Sophia Baron

Get Multifamily License #BR648866000 Listed on: 11/24/2025

Co-Listed By

Garrett Pedicini

Get Multifamily License #SA687268000

Last Buyer's Agent

Jesus Vega Medina

EMG Real Estate License #SA702216000

EMG Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1986

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Schools

  • Bernard Black Elementary School
  • Cesar E Chavez Community Middle School
  • Cesar Chavez High School

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, trash collection
  • Tax Lot 7
  • Assessor Parcel Number 122-38-097

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR
  • Belmont Park Blks 2 4 6 Subdivision

Building Details

  • Operating Expense $10,930
  • Gross Income $39,216
  • Net Operating Income $28,286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$866

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 18th Street & Broadway
  • Property Type: Multiple Dwellings
  • Zoning: 35
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2064.0
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Subdivision Name: BELMONT PARK BLKS 2 4 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Other Equipment: Satellite Dish

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling, 2 or More Units
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Bernard Black Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cesar E Chavez Community School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 122-38-097

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 2400.0
  • Annual Gross Income: 39216.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 28286.0
  • Annual Operating Expense: 10930.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 866.0
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2025
Closed on
Jan 7, 2026
Sold by
Walters Bret A
Bought by
Duarte Jean Ives De Chou
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Jesus Vega Medina
EMG Real Estate
List Price
$435,000
Sold Price
$435,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
428.66%
Original Mortgage
$427,121
Outstanding Balance
$427,121
Interest Rate
6.23%
Mortgage Type
FHA
Estimated Equity
$69,864

Purchase Details

Closed on
Jul 14, 2008
Sold by
Nido Buena Ventura
Bought by
Ez Homes Inc

Purchase Details

Closed on
Jul 2, 2008
Sold by
Ez Homes Inc
Bought by
Walters Bret A
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 Teema Title & Escrow Agency
Trustee Deed $131,751 Magnus Title Agency
Special Warranty Deed $139,900 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,121 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2026 01/09/26 Sold $435,000 0.0% $219 / Sq Ft
01/02/2026 01/02/26 Off Market $435,000 -- --
11/24/2025 11/24/25 For Sale $435,000 0.0% $219 / Sq Ft
02/15/2016 02/15/16 Rented $545 0.0% --
02/12/2016 02/12/16 Under Contract -- -- --
01/20/2016 01/20/16 For Rent $545 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $889 $5,896 -- --
2024 $841 $5,616 -- --
2023 $841 $28,810 $5,760 $23,050
2022 $825 $18,420 $3,680 $14,740
2021 $841 $15,110 $3,020 $12,090
2020 $831 $13,460 $2,690 $10,770
2019 $804 $13,460 $2,690 $10,770
2018 $782 $9,900 $1,980 $7,920
2017 $746 $8,330 $1,660 $6,670
2016 $709 $7,280 $1,450 $5,830
2015 $668 $5,710 $1,140 $4,570
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6951187

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-38-097