$755,000
SOLD FEB 12, 2025

2516 E Broadway Rd Phoenix, AZ 85040

South Mountain Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

4 Days on Market

Highlights

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

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

Lenny Behie

Realty Executives License #SA646088000

Realty Executives

Last Buyer's Agent

Octavio Bustillos

eXp Realty License #SA706782000

eXp Realty

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

  • Tenant pays for trash collection, electricity, water, sewer
  • 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

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
  • Directions: Broadway to 25th and the building is on the north side
  • Road Surface Type: Concrete
  • Subdivision Name: NORTH BROADWAY ESTATES 1 LOTS 23-62, 101-140
  • Garage Yn: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range, 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: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

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
  • Garage Details: Yes
  • Parking:Attached: Yes

Utilities

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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)

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

Homes for Sale in Phoenix, AZ

This home is located at 2516 E Broadway Rd, Phoenix, AZ 85040 and is currently priced at $755,000. This property was built in 2024. 2516 E Broadway Rd is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

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