$1,475,000

3618 E MONTECITO Avenue, Phoenix, AZ 85018

Multi-Family Home
Built in 1960
—— sqft lot
—— car garage
$——/sqft
Listed 7 days ago

Property Description

Fabulous 4-Unit apartment community located in high-demand location- Arcadia/Biltmore Neighborhood. Stable investment, no major reconstruction or lease-up needed. All units occupied & updates include all-tile flooring, dual-pane windows/doors, updated cabinets/granite counters in kitchen & baths, skylights, SS appliances, ceiling fans and much more. Each unit is a 2 Br/1.5 Ba (Jack & Jill) over 900 sf, private-fenced patio, one-reserved carport w/storage shed. Four units total 3,638 sf, plus separate workshop/storage shed of 306 sf. Community Laundry Room w/owned units - free to tenants. Well maintained by long-term owner: New Roof 2020; Sewer-line replaced 2019; New electric panel 2024. Short walk/drive to LGO & many restaurants/shopping, Fwys., airport, Scottsdale, Downtown Phx...

Listing Status:: Active
Date Added:: March 25, 2026
Data Last Updated:: April 2, 2026 at 2:09AM
Listing Office:: First Road Property Advisors, LLC : 602-478-4188
Listing Agent:: Dorene Longfellow : 602-478-4188
MLS ID:: 7003754

Flooring: Tile
A/C: Ceiling Fan(s)ElectricHeat PumpIndividual2 or More Units
Heating: Forced AirIndividualElectric

General: Sidewalk(s)
Parking: Detached CarportPavedFree1 Space/UnitCarportParking spaces: 4

Roofing: CompositionBuilt-UpFoam
General: PaintedBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Creighton Elementary District
County: Maricopa

Zoning: R-317026039

Water: Master MeterCity Franchise
Sewer: Sewer-In & ConnectedPublic Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Dorene Longfellow , First Road Property Advisors, LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Biltmore Preparatory Academy

4601 N 34th St, Phoenix, AZ, 85018

Grades KG-8

0.54 miles away

Biltmore Preparatory Academy

4601 N 34th St, Phoenix, AZ, 85018

Grades KG-8

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.