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2014 E Broadway Rd, Phoenix, AZ 85040

  • $600,000

  • 6

    bed

  • 4

    bath

Multi-family pending
80 homes bought nearby with Movoto recently

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 1 week ago
Movoto checked ARMLS for data 2 minutes ago
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Overview
Cooling/AC Central Air, Heat Pump
Heating Central, Heat Pump
MLS # 7050961
Type Multiple Dwellings
Status Pending
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
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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.

Around South Mountain

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46/100
Walk
97/100
Family
89/100
Dining
94/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85040
  • South Mountain
  • 2014 E Broadway Rd

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