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1605 E MONTEBELLO Avenue, Phoenix, AZ, 85016

14beds
9baths
7,500sqft
$2,500,000
$333price/sqft
$15,042/moest. monthly cost
$601,680/yrincome needed

About This Home

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.

Getting Around

76
WalkingVery Walkable
42
TransitSome Transit
50
BikeBikeable

Schools

Construction

Condition

  • Year built: 1961

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 14

Property

Lot

  • Lot size: 0.44 Acres

Parking

  • Total spaces: 8
  • Parking features: Detached Carport,1 Space/Unit
  • Covered spaces: 8
  • Carport: Yes