$585,000
$600,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
2014 E BROADWAY Road Phoenix, AZ 85040
Key Details
Sold Price $585,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Harlem Homes
MLS Listing ID 7050961
Sold Date 08/18/26
Year Built 1946
Annual Tax Amount $2,549
Tax Year 2025
Lot Dimensions 105’ x 62’ x 112’ x 65’
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Don't miss this outstanding investment!
Location
State AZ
County Maricopa
Community Harlem Homes
Area Maricopa
Zoning C-2
Direction Head east on E Broadway Road (0.5 mi). Property is just after S 20th Street on North side of road.
Interior
Heating Central, Heat Pump
Cooling Central Air, Heat Pump
Flooring Other
Appliance Free-Standing Range, Refrigerator, Washer/Dryer
Exterior
Parking Features Other, <1 Space Per Unit, On Street
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Master Meter, City Franchise
New Construction No
Schools
Elementary Schools Percy L Julian School
Middle Schools Percy L Julian School
High Schools South Mountain High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 122-36-043
Acceptable Financing Conventional, 1031 Exchange
Disclosures Seller Prop Disc Stm
Listing Terms Conventional, 1031 Exchange
Financing Other
Read Less
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Bought with eXp Realty
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