Trusted Real Estate Experts in Sierra Vista, Fort Huachuca, Benson, and Bisbee Arizona

1605 E MONTEBELLO Avenue

Phoenix, AZ 85016

MLS#: 6973902

$2,500,000

Status: Active
Listing number: 6973902
Listing provided by: My Home Group Real Estate
Listing agent phone: None
Last update: 4 months ago
On site: 4 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1961

Sq.Footage

0

Exceptional opportunity to acquire a fully remodeled 9-unit multifamily asset in one of Phoenix's most desirable rental corridors. Located just minutes from the Biltmore area, this stabilized property offers immediate cash flow with 100% occupancy and strong long-term appreciation upside. Each unit has been thoughtfully renovated, appealing to today's renter demand while minimizing future capital expenditures. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth. This is a rare chance to own a turnkey, stabilized multifamily property in a core Phoenix location with strong demographics and proven rental demand. Ideal for investors seeking a low-maintenance asset in a premier submarket.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    $5,574

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Madison Elementary District

  • Middle School

    Madison #1 Elementary School

  • High School

    North High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    164-51-057-A

  • Water Source

    Public

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Location

County

Maricopa

Elementary School

Madison Elementary District

Middle School

Madison #1 Elementary School

High School

North High School

Listing Courtesy of Silvia Del Toro Ochoa , My Home Group Real Estate

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Agent Mandy Gold

FOUNDER

Mandy Gold

Call Mandy today to schedule a private showing.

(520) 335-3204

mandy@mandygoldteam.com


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Exceptional opportunity to acquire a fully remodeled 9-unit multifamily asset in one of Phoenix's most desirable rental corridors. Located just minutes from the Biltmore area, this stabilized property offers immediate cash flow with 100% occupancy and strong long-term appreciation upside. Each unit has been thoughtfully renovated, appealing to today's renter demand while minimizing future capital expenditures. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth. This is a rare chance to own a turnkey, stabilized multifamily property in a core Phoenix location with strong demographics and proven rental demand. Ideal for investors seeking a low-maintenance asset in a premier submarket.

1605 E MONTEBELLO Avenue

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