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1022 S MONTEZUMA Avenue, Phoenix, AZ, 85003

3beds
2baths
--sqft
$585,000
--price/sqft
$3,880/moest. monthly cost
$155,200/yrincome needed

About This Home

This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property was recently combined into one lot with 9,780 square feet. Perfect for additional structures and rental income options. DO NOT DISTURB TENANTS - PLEASE

Getting Around

64
WalkingSomewhat Walkable
52
TransitGood Transit
74
BikeVery Bikeable

Schools

--
Lowell SchoolGrades PK-80.1 mi
3/10
Central High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1942

Materials

  • Roof: Composition
  • Construction materials: Painted,Block,Slump Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Refrigerator,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Carpet,Concrete

Heating & Cooling

  • Heating features: Ceiling
  • Cooling features: Wall/Window Unit(s),Electric,Individual

Property

Details

  • Parcel number: 11217100A
  • Zoning: Multi Family

Lot

  • Lot size: 9,750 sqft
  • Lot size dimensions: 9750

Parking

  • Total spaces: 3
  • Parking features: On Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,958$35,496
Home Insurance $118$1,416
Property Taxes $588$7,056
Electricity $216$2,603
Total$3,880$46,560

Income You'd Need if You Spent...

35% on housing$133,028/yr
40% on housing$116,400/yr
45% on housing$103,466/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 85003$331
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85003$495
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-23Listed for sale$585,000
2024-01-12Listing removed--
2024-01-10Price change$1,850
2024-01-04Price change$1,900
2023-12-16Price change$1,950
2023-11-28Price change$2,000
2023-11-23Listed for rent$2,200
2023-09-28Sold$475,000
2023-09-10Pending sale$499,000
2023-08-11Listed for sale$499,000
2022-11-22Listing removed$525,000
2022-10-13Listed for sale$525,000
2022-04-15Sold$450,000
2022-03-09Listed for sale$500,000
2022-03-03Contingent$500,000
2022-02-24Listed for sale$500,000

For Sale by Agent

AgentMichael Snitz
BrokerageRealty ONE Group

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