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1815 E Pueblo Ave - Three on Pueblo 3 Unit Apartment Building Offered at $435,000 at a 5.76% Cap Rate Phoenix, AZ 85040



EXECUTIVE SUMMARY
Discover an exceptional value-add multifamily opportunity at Three on Pueblo, a well-located triplex just minutes from Downtown Phoenix, major employment hubs, and key freeway connections. This property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, offering a strong foundation for rental growth in one of Phoenix's most active investment corridors. Property Highlights Unit Mix: • (2) Two-Bed / One-Bath Units • (1) One-Bed / One-Bath Unit Current Rents (Significantly Under Market • $900 (2BR) • $850 (2BR) • $725 (1BR) Market Rent Potential: • 1BR: $1,050+ • 2BR: $1,150-$1,195+ Immediate Value-Add: With rents well below market, investors can quickly improve cash flow and property value.
Drive by only all facts and figures are approximate buyer verifyinformation per MLS and other information
Drive by only all facts and figures are approximate buyer verifyinformation per MLS and other information
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Dining Room
- Freezer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $900.00 | - |
| 2+2 | 2 | $850.00 | - |
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1815 E Pueblo Ave - Three on Pueblo
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