$2,500,000

1605 E MONTEBELLO Avenue, Phoenix, AZ 85016

Multi-Family Home
Built in 1961
—— sqft lot
—— car garage
$——/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: January 23, 2026
Data Last Updated:: May 21, 2026 at 1:07AM
Listing Office:: My Home Group Real Estate : 480-685-2760
Listing Agent:: Silvia Del Toro Ochoa : 623-760-3742
MLS ID:: 6973902

A/C: Ceiling Fan(s)

Parking: 1 Space/UnitParking spaces: 8

Roofing: Composition
General: PaintedBlock

Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Madison Elementary District
County: Maricopa

Zoning: RES16451057A

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Silvia Del Toro Ochoa , My Home Group Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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