Remodeled Duplex with Third
For Sale
$585,000
1022 S MONTEZUMA Avenue, Phoenix, AZ 85003
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Lot Size0.22 Acres
Days on Market184
Property Features for 1022 S MONTEZUMA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi Family
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
On Street
Appliances
Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Subdivision
MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
Elementary school district
Phoenix Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
Directions
7th Ave and Buckeye head East to Montezuma on the north side of of Buckeye on the corner
Standard status
Active
APN
112-17-100-A
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 13 & 14 & 15 BLK 39 MONTGOMERY MCR 2-40
Tax Annual Amount
691
Legal Description
LT 13 & 14 & 15 BLK 39 MONTGOMERY MCR 2-40
Utilities
Sewer type
Public Sewer
Heating system
Ceiling
Cooling system
Wall/Window Unit(s), Electric, Wall Unit(s)
Building Details
Year built
1942
Number of units
3
Flooring type
Concrete, Carpet
Building materials
Painted, Block, Slump Block
Roof type
Composition
Listing Agency:
Realty ONE Group
(602) 953-4000
Listed By:
Michael Snitz · License #SA651575000
(602) 327-2785
Added: Feb 23
Changed: Aug 25
Last Checked: Aug 26 at 2:06PM
MLS# 6988700
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.
Investment Insights
Based on property information with market context.
This remodeled duplex contains two rented residential units: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. A separate third building is also present and could be renovated to support a three-unit configuration. The property was combined into one 9,780-square-foot lot and carries Multi Family zoning.
Built in 1942, the property includes block and slump block construction, composition roofing, concrete and carpet flooring, public sewer service, and on-street parking. Unit appliances include ranges, refrigerators, microwaves, disposals, and washer/dryer equipment. Cooling is provided by wall or window units, with ceiling heating listed.
Built in 1942, the property includes block and slump block construction, composition roofing, concrete and carpet flooring, public sewer service, and on-street parking. Unit appliances include ranges, refrigerators, microwaves, disposals, and washer/dryer equipment. Cooling is provided by wall or window units, with ceiling heating listed.
Key Highlights
- Remodeled duplex with two fully rented residential units
- Unit mix includes 2 bedrooms and 1 bathroom, plus 1 bedroom and 1 bathroom
- Separate third building could be renovated for a triplex configuration
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 85003, AZ
11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with two residential units and a separate structure that may be renovated for additional residential use.
Where is this duplex located?
The property is located at 1022 S MONTEZUMA Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Remodeled duplex with two fully rented residential units; Unit mix includes 2 bedrooms and 1 bathroom, plus 1 bedroom and 1 bathroom; Separate third building could be renovated for a triplex configuration
