2421 E PUEBLO Avenue, Phoenix, AZ 85040

$719,900

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 50 Status: Active

Current Price: $719,900 List Date: 6/10/2026 Last Modified: 11/11/2026

Overview

Description

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, and Seller Financing available. 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 Details MLS# 7039540

Location, Tax & Legal

House Number: 2421
Compass: E
Street Name: PUEBLO
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Country: US
County Code: Maricopa
Subdivision: NORTH BROADWAY ESTATES
Assessor Number: 122-21-035
Tax Year: 2026

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 7353 SF
Year Built: 2025
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: Yes
Zoning: R3
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Percy L Julian School
Jr. High School: Percy L Julian School
High School: South Mountain High School

Remarks Misc

Cross Street: BROADWAY AT 24 ST

Legal Info

Lot Number: 75

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 2300
Avg SqFt: 2054
# Baths: 25

More Information

Structure

Bedrooms Total: 6
Bathrooms Total: 50

Income Expenses

Gross Annual Sch Inc: 55200
Net Operating Income: 43624

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Cable TV Available; Patio/Balcony Interior Features: Mini Blinds; Drapes; Breakfast Bar Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Disposal; Microwave; W/D Hookup Cooling: Ceiling Fan(s); Heat Pump; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Garage; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Attached Garage Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Landscaping Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; Owner May Carry; 1031 Exchange Environmental: None

Documents

Unbranded Floorplan ›

Listing Office: RE/MAX Excalibur

Office Phone: 480-355-3500

Office Email: Sindy@AzGreatHomes.com

Last Updated: November - 11 - 2026