2509 E BROADWAY Road, Phoenix, AZ 85040 (MLS# 6998788)

$749,900

2509 E BROADWAY Road
Phoenix, AZ 85040
MLS# 6998788

1 / 47

Property Description
Modern duplex opportunity featuring Units 2 & 3 at 2509 E Broadway Rd. Built in 2024, each unit offers 3 bedrooms, 2.5 bathrooms, and a private 2-car garage. Thoughtfully designed with open floor plans, walk-out decks, quartz countertops, stainless steel appliances, and epoxy garage floors. Each unit also includes a private fenced backyard plus access to a shared courtyard space for the four-unit community. Excellent flexibility for investors or owner-occupants--rent both units for strong cash flow or live in one while renting the other. Area rents are approximately $2,500 per unit, making this a compelling income opportunity in a growing area with additional new construction nearby.

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $749,900

List Price: $749,900

Status: Active

List Date: 2026-03-06

Location, Tax & Legal

Assessor's Map #: 56

Legal Description (Abbrev): LOT 9 BROADWAY ESTATES LOTS 1-10, 33-52, 75-94 MCR 003412

Assessor's Parcel #: 14

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 116100

Taxes: 3369

Legal: Parcel 122-56-014

Marketing Name: Unsure

House Number: 2509

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: 122-56-014

Tax Year: 2025

General Property Description

# of Buildings: 1

Uncvrd Parking Spcs: 2

Lot Size Dimensions: 20x50

Flood Zone: No

Total # of Units: 2

Elementary School District: Roosevelt Elementary District

High School District: Phoenix Union High School District

High School: South Mountain High School

Year Built: 2023

Zoning: R-5

Legal Info

Range: 3E

Section: 26

Township: 1N

Lot Number: 9

Project Type

Duplex: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Stucco: 1

Roofing

Foam: 1

Floors

Vinyl: 1

Carpet: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: Yes

Annual Ownr Asoc Fee: 1200

Operating Exp: 4569

Other Income: 0

Vacancy Allowance: 0.03

Adjusted Gross Inc: 65184

Pmt & Rate Info

Cap Rate: 8.69

Equity: 749900

Down Payment %: 5

Monthly Payments: 0

Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Text: 1

Lockbox Type

Supra: 1

Community Features

Play Area: 1

Barbecue: 1

Heating

Electric: 1

Cooling

Ceiling Fan(s): 1

Electric: 1

Heat Pump: 1

Exterior Amenities

Fenced: 1

Patio/Balcony: 1

Interior Features

Unfurnished: 1

Fire/Smoke Alarm(s): 1

Tenant Pays

Water: 1

Sewer: 1

Electricity: 1

Trash Collection: 1

Appliances Included

Dishwasher: 1

Disposal: 1

Microwave: 1

Free-Standing Range: 1

W/D Hookup: 1

Road Surface Type

Concrete: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Individual Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Garage: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

None: 1

New Financing

VA: 1

Conventional: 1

FHA: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

# 3 Bedroom Units: 2

Avg Rent: 2800

Avg SqFt: 1545

# Baths: 25

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 25th st and Broadway

Geo Lat: 33.406602

Geo Lon: -112.026372

Income Expenses

Gross Annual Sch Inc: 67200

Net Operating Income: 65184

Property Features

Project Type: Duplex

Construction: Wood Frame

Const - Finish: Painted; Stucco

Roofing: Foam

Floors: Vinyl; Carpet

Sale Includes: Land & Building

Community Features: Play Area; Barbecue

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

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: Supra

Existing 1st Loan: Treat as Free&Clear

New Financing: VA; FHA; Conventional

Environmental: None

Listing Office: HomeSmart

Last Updated: April - 25 - 2026