$719,900

Estimated payment $4,131/month

Total Views 1,506
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 4 Car Attached Garage
  • Patio
  • Ceiling Fan
  • Breakfast Bar
  • Central Air

About This Home

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.

Listing Agent

Dean Selvey

RE/MAX Excalibur License #SA020464000 Listed on: 06/10/2026

RE/MAX Excalibur

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 2025

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Breakfast Bar

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Outdoor Features

  • Patio

Schools

  • Percy L Julian Elementary And Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Separate Meters
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 74
  • Assessor Parcel Number 122-21-034

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7353 SF
  • North Broadway Estates Subdivision

Building Details

  • Operating Expense $15,725
  • Gross Income $55,200
  • Net Operating Income $42,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,490

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: BROADWAY AT 24 ST
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2026
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3864.0
  • Subdivision Name: NORTH BROADWAY ESTATES
  • Garage Yn: Yes
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air, Heat Pump, Individual, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: Individual Meter, SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Disposal, Microwave, W/D Hookup, Built-In Electric Oven
  • Interior Features:Interior Features: Mini Blinds, Breakfast Bar, Drapes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Exterior Amenities: Cable TV Available, Patio/Balcony

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Garage Door Opener, Attached Garage
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Garage, >1 Space Per Unit, Garage Door Opener, Add'l Parking Avail, Attached Garage

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3351.0

Schools

  • Elementary School: Percy L Julian School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 7353 SF
  • Additional Parcels: No
  • Parcel #: 122-21-034

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 55200.0
  • Insurance Expense: 1040.0
  • Property Net Operating Income: 42990.0
  • Annual Operating Expense: 15725.0

Tax Info

  • Tax Annual Amount: 2490.0
  • Tax Book Number: 122.0
  • Tax Lot: 74

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $340 $2,258 $2,258
2024 $322 $2,150 $2,150
2023 $322 $11,310 $11,310 $0
2022 $316 $5,625 $5,625 $0
2021 $322 $4,710 $4,710 $0
2020 $318 $3,585 $3,585 $0
2019 $308 $3,420 $3,420 $0
2018 $300 $2,445 $2,445 $0
2017 $286 $1,890 $1,890 $0
2016 $272 $1,860 $1,860 $0
2015 $273 $2,400 $2,400 $0
Source: Public Records

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
06/10/2026 06/10/26 For Sale $719,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $160,000 Landmark Title
Cash Sale Deed $13,750 Security Title Agency Inc
Interfamily Deed Transfer -- Security Title Agency Inc
Legal Action Court Order -- None Available
Joint Tenancy Deed $127,000 Stewart Title & Trust Of Pho
Source: Public Records

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
Open $400,000 New Conventional
Previous Owner $93,980 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7039557

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-034

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