2014 E Broadway Rd Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $3,434/month
Highlights
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
- Partially Fenced Property
About This Home
Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Don't miss this outstanding investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,549
Year Built
- Built in 1946
Lot Details
- Partially Fenced Property
Home Design
- Composition Roof
- Block Exterior
Parking
- 1 Open Parking Space
- 1 Parking Space
- On-Street Parking
Schools
- Percy L Julian Elementary And Middle School
- South Mountain High School
Utilities
- Central Heating and Cooling System
- Air Source Heat Pump
- Master Water Meter
- Cable TV Available
Listing and Financial Details
- The owner pays for water, sewer, electricity, trash collection, landscaping
- Tax Lot 10
- Assessor Parcel Number 122-36-043
Community Details
Overview
- 4 Units
- Building Dimensions are 105’ x 62’ x 112’ x 65’
- Harlem Homes Subdivision
Building Details
- Operating Expense $2,549
- Gross Income $86,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,549 | $16,903 | -- | -- |
| 2024 | $2,412 | $16,098 | -- | -- |
| 2023 | $2,412 | $23,140 | $3,080 | $20,060 |
| 2022 | $2,364 | $21,770 | $3,080 | $18,690 |
| 2021 | $2,412 | $15,420 | $3,080 | $12,340 |
| 2020 | $2,382 | $18,920 | $2,050 | $16,870 |
| 2019 | $574 | $11,120 | $2,220 | $8,900 |
| 2018 | $558 | $9,080 | $1,810 | $7,270 |
| 2017 | $532 | $6,700 | $1,340 | $5,360 |
| 2016 | $506 | $6,050 | $1,210 | $4,840 |
| 2015 | $476 | $4,710 | $940 | $3,770 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2026 07/07/26 | For Sale | $600,000 | +14.3% | -- | |
| 01/02/2026 01/02/26 | Off Market | $525,000 | -- | -- | |
| 09/30/2024 09/30/24 | Sold | $525,000 | 0.0% | $219 / Sq Ft | View Prior Sale |
| 09/21/2024 09/21/24 | Price Changed | $525,000 | 0.0% | $219 / Sq Ft | |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 07/15/2024 07/15/24 | For Sale | $525,000 | -- | $219 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $604,000 | Navi Title Agency | |
| Special Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $40,000 | Chicago Title Insurance Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $453,000 | New Conventional | |
| Previous Owner | $30,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7050961
APN: 122-36-043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.