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Sold on 08/19/2026
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2014 E Broadway Rd, Phoenix, AZ 85040

$585,000

Last sold 08/19/2026 after 43 Days

  • 6

    bed

  • 4

    bath

Multi-family not for sale
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About 2014 E Broadway Rd

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
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!
Listed by
Listing Agent - Adam Gillick
Listing Office - My Home Group Real Estate
Source: ARMLS mls logo
MLS#7050961 • last updated 3 weeks ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Central Air, Heat Pump
Heating Central, Heat Pump
MLS # 7050961
Type Multiple Dwellings
Status Closed
Property Tax 2549
Year Built 1946
Interior
Flooring Tile, Other
Appliances Free-Standing Range, Refrigerator, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking Other, <1 Space Per Unit, On Street
# of Open Parking Spaces 1
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Security Features Security Light(s)
Location
Subdivision HARLEM HOMES
Community Features No Pool
Elementary School Percy L Julian School
Elementary School District Roosevelt Elementary District
Middle School Percy L Julian School
High School District Phoenix Union High School District
High School South Mountain High School
APN 122-36-043
Zoning C-2
Directions Head East On E Broadway Road (0.5 Mi). Property Is Just After S 20th Street On North Side Of Road.
Multifamily Details
Total # of Units 4
Expense: Operating 14549
Financial Data Source Owner
Gross Income 86400
Expense: Other 12000
Gross Scheduled Income 86400
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Aug 2026
    mls logo MLS # 7050961
  • Aug 19, 2026 Sold
    $585,000 (-2.5%)
  • Jul 18, 2026 Pending
    —
  • Jul 7, 2026 Listed
    $600,000 (+14.3%)
  • Oct 2024
    mls logo MLS # 6731399
  • Oct 1, 2024 Sold
    $525,000 (-13.1%)
  • Sep 21, 2024 Pending
    —
  • Sep 21, 2024 Sold
    $605,000 (+15.2%)
  • Aug 7, 2024 Pending
    —
  • Aug 7, 2024 Active
    —
  • Jul 15, 2024 Listed
    $525,000
  • Sep 2024
    Public Records
  • Sep 30, 2024 Sold
    $604,000 (-0.2%)
  • Year Property taxes Tax assessment
  • 2024
    $2,483 +5.0%
    $52,430 +126.58%
  • 2022
    $2,364 -2.0%
    $23,140 +6.29%
  • 2021
    $2,412 +1.2%
    $21,770 +41.18%
  • 2020
    $2,382 +315.1%
    $15,420 -18.5%
  • 2019
    $574 +2.8%
    $18,920 +70.14%
  • 2018
    $558 +4.9%
    $11,120 +22.47%
  • 2017
    $532 +5.2%
    $9,080 +35.52%
  • 2016
    $506 +6.2%
    $6,700
  • 2015
    $476
    —
  • 2014 E Broadway Rd
    $585K
  • South Mountain
    $432K 0% y/y
  • 85040
    $365K +5% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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1/10
Percy L Julian School
public Grades 4-8
Roosevelt Elementary District
2/10
South Mountain High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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