NOT LISTED FOR SALE

2516 E Broadway Rd Phoenix, AZ 85040

South Mountain Neighborhood
-- Beds
-- Baths
-- Sq Ft
2024 Built

Sale Details

Date Sold: February 12, 2025

Last sale price $755,000

4 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceiling Fan
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of February 2025

Brand new duplex build. Both units are 3 bedroom and 2.5 bathrooms with a 2 car garage for each unit. There is a small fenced yard in the back of each unit. Rents for each unit in the area are $2,400 each unit so you can rent both units for a nice cashflow or you can rent one and live in the other. These homes feature open floor plans with walk out decks, epoxy garage floors, quartz counter tops, stainless steel appliances and so much more. These are a must see Pictures are of a unit the same across the street the builder built as this one is being completed now and should be done by the end of January.

Last Agent to Sell the Property

Leonard Behie

AZ Brokerage Holdings, LLC License #SA646088000 Listed on: 12/13/2024

Last Buyer's Agent

Octavio Bustillos

EveryPlace License #SA706782000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $301

Year Built

  • Built in 2024

Parking

  • 4 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Schools

  • South Mountain High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 122-21-019

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60x117
  • North Broadway Estates 1 Lots 23 62, 101 140 Subdivision

Building Details

  • Operating Expense $301
  • Gross Income $55,872
  • Net Operating Income $65,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$301

Year Built

Built in 2024

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 25th st and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2024
  • Tax Year: 2024
  • Road Surface Type: Concrete
  • Subdivision Name: NORTH BROADWAY ESTATES 1 LOTS 23-62, 101-140
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Foam

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 60x117
  • Additional Parcels: No
  • Parcel #: 122-21-019

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 55872.0
  • Property Net Operating Income: 65184.0
  • Annual Operating Expense: 301.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 301.0
  • Tax Book Number: 122.00
  • Tax Lot: 19

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Mountain, AZ

  • Dena Greenawalt Real Estate Agent - RE/MAX Fine Properties

    Dena Greenawalt

    RE/MAX Fine Properties

    (623) 263-8553

    77 Total Sales

    1 in South Mountain

    $820,000 Price

    Dena Greenawalt
     Section Image
  • Javier Cota Real Estate Agent - Play Realty

    Javier Cota

    Play Realty

    (623) 526-7202

    50 Total Sales

    2 in South Mountain

    $305K - $410K Price Range

    Javier Cota
     Section Image
  • Ed Drummond Real Estate Agent - Capstone Realty Professionals

    Ed Drummond

    Capstone Realty Professionals

    (480) 680-7809

    94 Total Sales

    2 in South Mountain

    $380K - $501K Price Range

    Ed Drummond
     Section Image
  • David Mendel Real Estate Agent - eXp Realty

    David Mendel

    eXp Realty

    (888) 586-2019

    90 Total Sales

    1 in South Mountain

    $712,500 Price

    David Mendel
     Section Image
  • Jobey Frank Real Estate Agent - Realty ONE Group

    Jobey Frank

    Realty ONE Group

    (623) 900-1395

    177 Total Sales

    1 in South Mountain

    $545,000 Price

    Jobey Frank
     Section Image
  • Craig Peck Real Estate Agent - RE/MAX Foothills

    Craig Peck

    RE/MAX Foothills

    (623) 900-1712

    41 Total Sales

    1 in South Mountain

    $200,000 Price

    Craig Peck
     Section Image
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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
02/12/2025 02/12/25 Sold $755,000 0.0% --
12/17/2024 12/17/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $755,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • LB

    Seller's Agent in 2025

    Leonard Behie

    Realty Executives

  • Octavio Bustillos Real Estate Agent - EveryPlace

    Buyer's Agent in 2025

    Octavio Bustillos

    EveryPlace

    (520) 869-2619

    1 in this area

    37 Total Sales

    Octavio Bustillos
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6794273

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-019

Arizona Maricopa County Phoenix 85040 South Mountain

2516 E Broadway Rd, Phoenix, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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