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For sale
  • $600,000

    2014 E BROADWAY Road, Phoenix, AZ 85040

    6beds
    --baths
    --sqft
    : 
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    Multi Family
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    8 days
    |
    120
    |
    8
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Gillick 480-432-7049,

    My Home Group Real Estate

    Source: ARMLS,MLS#: 7050961MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Heating
      • Central, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Free-Standing Range, Refrigerator, Washer/Dryer
      Features
      • Flooring: Tile, Other

      Property

      Parking
      • Total spaces: 1
      • Parking features: Other, <1 Space Per Unit, On Street
      • Uncovered spaces: 1
      Lot
      • Dimensions: 105’ x 62’ x 112’ x 65’
      Details
      • Parcel number: 12236043
      • Zoning: C-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Painted, Block
      • Roof: Composition
      Condition
      • Year built: 1946

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: Master Meter, City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Security: Security Lights
      • Subdivision: HARLEM HOMES
      Location
      • Region: Phoenix

      Financial & listing details

      • Tax assessed value: $524,300
      • Annual tax amount: $2,549
      • Date on market: 7/7/2026
      • Cumulative days on market: 8 days
      • Listing terms: Conventional,1031 Exchange
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Listed for sale$600,000+14.3%
        Source: ARMLS #7050961 Report a problem
        9/30/2024Sold$525,000
        Source: ARMLS #6731399 Report a problem
        8/7/2024Pending sale$525,000
        Source: ARMLS #6731399 Report a problem
        7/15/2024Listed for sale$525,000+1212.5%
        Source: ARMLS #6731399 Report a problem
        10/7/2011Listing removed$575
        Source: McMath Realty, LLC Report a problem
        7/1/2011Listed for rent$575
        Source: Rentals.com Report a problem
        5/12/1994Sold$40,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,549 +2.6%$52,430 -4.1%
        2024$2,483 +2.9%$54,670 +256.6%
        2023$2,412 +2%$15,332 -29.6%
        2022$2,364 -0.8%$21,770 +41.2%
        2021$2,382 +315.1%$15,420 -18.5%
        2020$574 +2.8%$18,920 +70.1%
        2019$558 $11,120 +22.5%
        2018$558 +4.9%$9,080 +35.5%
        2017$532 +11.7%$6,700 +10.7%
        2016$476 -0.6%$6,050 +28.5%
        2015$479 $4,710 +49.5%
        2014-- $3,150 +41.3%
        2013-- $2,230 -11.5%
        2012-- $2,520 -62.6%
        2011-- $6,730 -28.1%
        2010-- $9,360 -39.3%
        2009-- $15,430 -11.1%
        2008-- $17,350 +28.5%
        2007-- $13,500 +31.1%
        2006-- $10,300
        2005-- $10,300 -7.8%
        2003-- $11,170 +13.4%
        2002-- $9,851
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Mountain

        Getting around

        50 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Percy L Julian School
        • Middle: Percy L Julian School
        • High: South Mountain High School
        • District: Roosevelt Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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