1605 E MONTEBELLO Avenue, Phoenix, AZ 85016

  • $2,500,000
1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
  • Multiple Dwellings
  • Property Type
  • 1961
  • Year Built
Active
1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
  • $2,500,000

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.

  • Address 1605 E MONTEBELLO Avenue
  • City Phoenix
  • State/county AZ
  • Zip/Postal Code 85016

Details

Updated on January 24, 2026 at 2:34 am
  • Property ID: 6973902
  • Price: $2,500,000
  • Garage Size: x x
  • Year Built: 1961
  • Property Type: Multiple Dwellings
  • Property Status: Active
  • MLS#: 6973902

Additional details

  • Listing Terms: Conventional
  • Roof: Composition
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • County: Maricopa
  • Property Type: Multiple Dwellings
  • Parking: 1 Space/Unit
  • Elementary School: Madison Rose Lane School
  • Middle School: Madison #1 Elementary School
  • High School: North High School
  • Community Features: No Pool

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