Melinda Muller
REALTOR®, CRS, CLHMS, CSP
BEDS0
BATHS
MLS#6973902
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPhoenix Union High School District
Property Description
Exceptional opportunity to acquire a fully remodeled 9-unit multifamily asset in one of Phoenixs 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 todays 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s)
Heating: Hot Water
Roof Type: Composition
Taxes: $5,574
Year Built: 1961
Feature Descriptions
Community Features: No Pool
Days on Site: 142
Exterior: Block, Painted
Parking: 1 Space/Unit, Detached Carport
Water: City Franchise
Local Schools
High School: North High School
Middle School: Madison #1 Elementary School
Elementary School: Madison Rose Lane School
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: My Home Group Real Estate
Agency Phone: 480-685-2760
Shown By
Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate
Estimate Your Payment
Estimated Payment
$ 6,757.58 per month $5,563.92 Principal & Interest $464.50 Property Tax $729.17 Homeowner's InsuranceChange Payment Information
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1605 E Montebello Avenue | MLS# 6973902
This multi-family property located at 1605 E Montebello Avenue, Phoenix, AZ 85016 is currently listed for sale with an asking price of $2,500,000. E Montebello Avenue is located within the Phoenix Union High School District school district. Search Phoenix real estate on mmuller.arizonabest.com today.