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Sold on 09/16/2022

2437 E Jones Ave, Phoenix, AZ 85040

  • $550,000

    Last sold 09/16/2022 after 63 Days

  • 8

    bed

  • —

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 2437 E Jones Ave

Property type Multi-family
Neighborhood
Year built 2003
HOA fee $0/month
Property description
Fantastic opportunity to own this fully fenced duplex with tons of landscaping potential! Large front yard and lots of parking area for each unit! Both units have received full interior remodels with trending palette, gorgeous wood-look flooring, tall ceilings, and a spacious living room. One unit is rented for $2350/month, the other unit is vacant. Great opportunity to an owner occupant to have their mortgage paid for or an investor to rent out both units and receive even higher rental income. This property can also be utilized as an Airbnb due to its proximity to the airport. Call listing agent for more information. Drive by only until accepted contract.
Listed by
Listing Agent - Brandon Alsayed
Listing Office - DeLex Realty
Source: ARMLS mls logo
MLS#6434463 • last updated 1 week ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6434463
Type Multiple Dwellings
Status Closed
Property Tax 1255
Year Built 2003
Interior
Flooring Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco
Parking >1 Space Per Unit
# of Open Parking Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PEILA HOMES
Community Features No Pool
Elementary School Irene Lopez Elementary School
Elementary School District Roosevelt Elementary District
Middle School Irene Lopez Elementary School
High School District Phoenix Union High School District
High School South Mountain High School
APN 122-21-099
Zoning MULTI
Directions Head East On E Broadway Rd, Turn Left Onto S 24th St, & Turn Right Onto E Jones Ave. The Property Is On The Right.
Multifamily Details
Total # of Units 2
Expense: Operating 1255
Financial Data Source Owner, Projected Proforma
Net Operating Income 55145
Gross Income 56400
Gross Scheduled Income 56400
Lot/ Land Details
Road Surface Asphalt, Gravel
We are not permitted to show value estimates for this property.
  • Sep 2022
    Public Records
  • Sep 20, 2022 Sold
    $550,000
  • Sep 2022
    mls logo MLS # 6434463
  • Sep 15, 2022 Sold
    $550,000 (-8.3%)
  • Aug 18, 2022 Pending
    —
  • Jul 15, 2022 Listed
    $600,000 (+93.5%)
  • May 2020
    Public Records
  • May 15, 2020 Sold
    $310,000
  • May 2020
    mls logo MLS # 6048340
  • May 15, 2020 Sold
    $310,000 (+416.7%)
  • Jun 2011
    Public Records
  • Jun 1, 2011 Sold
    $60,000
  • 2437 E Jones Ave
    $550K
  • South Mountain
    $429K -1% y/y
  • 85040
    $374K +4% y/y
  • Phoenix
    $469K -2% 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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  • AZ
  • Maricopa County
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  • 2437 E Jones Ave
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