2555 E BROADWAY Road, Phoenix, AZ 85040 (MLS# 6901394)

2555 E BROADWAY Road, Phoenix, AZ 85040

$750,000

36-Photo May 28 2025, 11 50 47 AM (1) (1

Property Type: Multiple Dwellings Status: Closed

Current Price: $750,000 Last Modified: 6/29/2026

Overview

Description

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. Both of these units have renters in them at $2,400 a month each so a total of $4,800 a month and both just signed in July a 1 year lease. These homes feature open floor plans with walk out decks, epoxy garage floors, quartz counter tops, stainless steel appliances and so much more. We do have one we can show you next door that is identical so we do not have to bother the tenants until inspection. This duplex was just completed in July 2025

Listing Details MLS# 6901394

Location, Tax & Legal

House Number: 2555
Compass: E
Street Name: BROADWAY
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 2623
Country: US
County Code: Maricopa
Subdivision: BROADWAY ESTATES LOTS 1-10, 33-52, 75-94
Assessor Number: 122-57-006-C
Tax Year: 2024
Assessor's Map #: 57
Legal Description (Abbrev): W2 LOT 14 BROADWAY ESTATES MCR 34-12 EX N 7F P/F 20240120911
Assessor's Parcel #: 6
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 116100
Taxes: 610
Legal: W2 LOT 14 BROADWAY ESTATES MCR 34-12 EX N 7F P/F 20240120911
Marketing Name: Broadway duplex

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 60x117
Year Built: 2025
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: Yes
Zoning: R-5
Flood Zone: No
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Bernard Black Elementary School
Jr. High School: Bernard Black Elementary School
High School: South Mountain High School

Remarks Misc

Cross Street: 25th st and Broadway
Directions: Broadway to 25th st and the building is on the southside side of the road. There are 3 new duplexes, this is the middle one

Status Change Info

Off Market Date: 2025-10-10
Under Contract Date: 2025-09-19
Close of Escrow Date: 2025-10-31

Legal Info

Township: 1N
Range: 3E
Section: 26
Lot Number: 14

More Information

Income Expenses

Gross Annual Sch Inc: 57600
Net Operating Income: 65184

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 2400
Avg SqFt: 1635
# Baths: 3

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 9000
Seller Concession $/%: $
Buyer Concession to Seller: 0

Project Type

Duplex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Foam: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 610
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 55872

Pmt & Rate Info

Cap Rate: 8.69
Equity: 750000
Down Payment %: 5
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Combo: Yes

Community Features

See Remarks: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Heat Pump: Yes

Exterior Amenities

Fenced: Yes
Patio/Balcony: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Surface Type

Concrete: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes
Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
Attached: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Existing 1st Loan

Private: Yes

Existing 1st Loan Type

Fixed: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Vinyl Sale Includes: Land & Building Community Features: See Remarks Exterior Amenities: Fenced; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Dishwasher; Disposal; Microwave; W/D Hookup Cooling: Ceiling Fan(s); Electric; Heat Pump Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Garage; Attached Road Surface Type: Concrete Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: Combo Existing 1st Loan: Private Existing 1st Loan Type: Fixed New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Fathom Realty Elite

Last Updated: June - 29 - 2026