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About the Listing myhg26 - sd884
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.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
6973902
Year Built
1961
Total Square Footage
0
Lot/Acreage
N/A
County
Maricopa
School District
Madison Elementary District
Elementary School
Madison Rose Lane School
Middle School
Madison #1 Elementary School
High School
North High School
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: 1 Space/Unit
Financial Details
- Tax Amount: $5,574
- Taxes w/Assessments: N/A
- Tax/Property ID: 164-51-057-A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1605 E Montebello Ave Phoenix, AZ 85016
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