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
IDX
Listing Office: RE/MAX Excalibur
Office Phone: 480-355-3500
Office Email: Sindy@AzGreatHomes.com
Last Updated: November - 11 - 2026
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