2509 E Broadway Rd Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $4,392/month
Highlights
- Cooling Available
- Patio
- Community Barbecue Grill
- Phoenix Coding Academy Rated A
- Community Playground
- Ceiling Fan
About This Home
Modern duplex opportunity featuring Units 2 & 3 at 2509 E Broadway Rd. Built in 2024, each unit offers 3 bedrooms, 2.5 bathrooms, and a private 2-car garage. Thoughtfully designed with open floor plans, walk-out decks, quartz countertops, stainless steel appliances, and epoxy garage floors. Each unit also includes a private fenced backyard plus access to a shared courtyard space for the four-unit community. Excellent flexibility for investors or owner-occupants--rent both units for strong cash flow or live in one while renting the other. Area rents are approximately $2,800 per unit, making this a compelling income opportunity in a growing area with additional new construction nearby.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,369
Year Built
- Built in 2023
Parking
- 4 Car Garage
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- Ceiling Fan
- Fire and Smoke Detector
Schools
- South Mountain High School
Utilities
- Cooling Available
- Air Source Heat Pump
- Natural Gas Not Available
Additional Features
- Patio
- Fenced
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 122-56-014
Community Details
Overview
- 2 Units
- Building Dimensions are 20x50
- Broadway Estates Lots 1 10, 33 52, 75 94 Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
Building Details
- Operating Expense $4,569
- Gross Income $65,184
- Net Operating Income $65,184
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $4,062 | $46,590 | $25,635 | $20,955 |
| 2022 | $3,981 | $26,190 | $7,515 | $18,675 |
| 2021 | $4,062 | $24,960 | $6,855 | $18,105 |
| 2020 | $4,011 | $23,295 | $5,280 | $18,015 |
| 2019 | $3,882 | $21,240 | $4,080 | $17,160 |
| 2018 | $3,915 | $25,140 | $8,775 | $16,365 |
| 2017 | $3,732 | $21,975 | $8,130 | $13,845 |
| 2016 | $3,549 | $20,490 | $7,530 | $12,960 |
| 2015 | -- | $20,128 | $8,624 | $11,504 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $770,000 | +2.0% | -- | |
| 01/05/2024 01/05/24 | Sold | $755,000 | -1.9% | $241 / Sq Ft | View Prior Sale |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- | |
| 11/02/2023 11/02/23 | Price Changed | $770,000 | -1.3% | $246 / Sq Ft | |
| 10/13/2023 10/13/23 | For Sale | $780,000 | +766.7% | $249 / Sq Ft | |
| 09/11/2019 09/11/19 | Sold | $90,000 | -10.0% | $29 / Sq Ft | View Prior Sale |
| 08/29/2019 08/29/19 | Price Changed | $100,000 | 0.0% | $32 / Sq Ft | |
| 08/06/2019 08/06/19 | Pending | -- | -- | -- | |
| 08/01/2019 08/01/19 | For Sale | $100,000 | 0.0% | $32 / Sq Ft | |
| 07/24/2019 07/24/19 | Pending | -- | -- | -- | |
| 07/16/2019 07/16/19 | For Sale | $100,000 | -- | $32 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6998788
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.