1605 E Montebello Avenue Phoenix, AZ 85016
Listing Courtesy of: Arizona Regional MLS / My Home Group Real Estate

  1605 E Montebello Avenue Phoenix, AZ 85016

Active (72 Days)
$2,500,000 (USD)
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Description

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.

MLS #:
6973902
Taxes
$5,574
Type
Multifamily
Year Built
1961
County
Maricopa County

Listed By

Silvia Del Toro Ochoa, My Home Group Real Estate
Source
Arizona Regional MLS
Last checked Apr 4 2026 at 3:14 PM MST
Bathroom Details
Heating and Cooling
  • Ceiling Fan(s)
Exterior Features
  • Block
  • Painted
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Madison Rose Lane School
  • Middle School: Madison #1 Elementary School
  • High School: North High School
Parking
  • 1 Space/Unit
Location
Map View | Street View
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/4/26 08:14.
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