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Remodeled Multifamily Asset in Phoenix

1605 E MONTEBELLO Avenue, Phoenix, AZ 85016

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For Sale

$2,500,000

MULTI_FAMILY - Phoenix, AZ

HighLights

9‑unit multifamily property with fully remodeled units and 100% occupancy reported
Built in 1961; block construction with composition roof
Public sewer connection
Each unit includes built‑in range, dishwasher, refrigerator, microwave, and washer/dryer
Laminate flooring throughout with hot water heating and ceiling fans
On‑site parking includes carport

We can help!

Listing Contact

Silvia Del Toro Ochoa

For Sale

$2,500,000

MULTI_FAMILY - Phoenix, AZ

Added:: Jan 23, 2026
Days on Market:: 146
Last Refresh:: Jun 18 at 11:06 am

Property Features for 1605 E MONTEBELLO Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RES
Bedrooms: 14
Rooms: Bathroom 5, Bedroom 2, Bathroom 8, Bathroom 1, Bedroom 7, Bedroom 13, Bathroom 6, Bathroom 9, Bedroom 9, Bathroom 4, Bedroom 8, Bathroom 2, Bedroom 6, Bedroom 12, Bedroom 3, Bedroom 11, Bathroom 3, Bedroom 14, Bathroom 7, Bedroom 1, Bedroom 5, Bedroom 10, Bedroom 4
Parking features: Carport
Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Standard status: Active
APN: 164-51-057-A

Taxes and HOA fees

Tax Year: 2025
Tax Description: N 170' OF W 178' OF NW4 SW4 NW4 EX N 30' & W 40' RDS .44 AC
Tax Annual Amount: 5574

Utilities

Sewer type: Public Sewer
Heating system: Hot Water(Heating)
Cooling system: Ceiling Fan(s)

Building Details

Year built: 1961
Number of units: 9
Flooring type: Laminate
Building materials: Painted, Block
Roof type: Composition

We can help!

Listing Contact

Silvia Del Toro Ochoa

Listing agent Silvia Del Toro Ochoa

Listing office My Home Group Real Estate 122 N Cortez Dr #108, Scottsdale, AZ

Listing date Jan 23, 2026

MLS# 6973902 Listing URL

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.

HighLights

9‑unit multifamily property with fully remodeled units and 100% occupancy reported
Built in 1961; block construction with composition roof
Public sewer connection
Each unit includes built‑in range, dishwasher, refrigerator, microwave, and washer/dryer
Laminate flooring throughout with hot water heating and ceiling fans
On‑site parking includes carport

Overview

This is a 9-unit multifamily property located in Phoenix, Arizona. The property is fully remodeled and offers immediate cash flow with 100% occupancy. Each unit has been thoughtfully renovated. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth. It is located just minutes from the Biltmore area. The property is located in a desirable rental corridor. The zoning is RES.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.047149
Latitude: 33.519832

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For sale
Apartment buildings
AZ
Phoenix
85016
1605 E MONTEBELLO Avenue

What type of property is this?

Apartment building - Fully remodeled 9-unit multifamily property in a desirable Phoenix location.

Where is this apartment building located?

The property is located at 1605 E MONTEBELLO Avenue Phoenix, AZ.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 9‑unit multifamily property with fully remodeled units and 100% occupancy reported; Built in 1961; block construction with composition roof; Public sewer connection

1605 E MONTEBELLO Avenue, Phoenix, AZ 85016

MULTI_FAMILY - Phoenix, AZ

Property Features for 1605 E MONTEBELLO Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Licensed Behavioral Health Center

Assisted Living Licensed Home

Phoenix Assisted Living Investment Property

Office/Flex Mixed-Use Property

Turnkey Phoenix Short-Term Rental

Side-by-Side Duplex Investment

2025-Built Duplex Investment

Side-by-Side 2025 Duplexes

5-Unit Multifamily with Recent Renovations

Two-Bedroom Fourplex with Private Yards

Phoenix Duplex with Rental Potential

Fourplex Residential Income Property

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