AZ
Maricopa
Phoenix
85016
1605 E MONTEBELLO Avenue
1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
Share Listing
Listing Type
Multi Family
Listing Status
Active
22
$2,500,000

Home Details for 1605 E MONTEBELLO Avenue

Price
$2,500,000
Type
Residential Income
Year built
1961
County
Maricopa
Listing #
6973902
Listing Courtesy: My Home Group Real Estate - 480-685-2760
Property 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.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
School Information
School Information for 1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
Elementary School
Madison Rose Lane School
Middle School
Madison #1 Elementary School
High School
North High School
Arizona logo Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: 2026-07-13 22:10:11
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
Request more details
Code: