Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3518 E Montecito Ave Phoenix, AZ 85018

    Pending
    For Sale
    $825,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    12
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 3518 E Montecito Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R3
    APN
    170-27-120
    Parking features
    Carport
    Appliances
    Built-In Range, Refrigerator, Free-Standing Electric Oven

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Heat Pump (Heating), Wall Furnace, Electric (Heating), Floor Furnace, Natural Gas
    Cooling system
    Ceiling Fan(s), Heat Pump, Central Air

    Building Details

    Year built
    1957
    Number of units
    4
    Flooring type
    Tile - Ceramic, Concrete
    Building materials
    Painted, Slump Block
    Roof type
    Composition

    HomeSmart (602) 230-7600 [email protected]

    Listing agent Mark R Otten (602) 228-8628

    Listing date Nov 25, 2025

    MLS# 6901878 Listing URL

    Copyright © 2025 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.

    Overview

    Phoenix Multifamily Property with Remodeled Unit

    This multifamily property in Phoenix, Arizona, features a mix of unit sizes, including three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The 2-bedroom unit has been remodeled with plank-style tile flooring, kitchen cabinets, and granite countertops, and includes a beehive fireplace. The 1-bedroom units feature laminate flooring, tile countertops, and tile flooring in the kitchens and bathrooms, each with small, individual fenced back patios. The units are semi-detached with a breezeway. A large fenced yard is included. There is a storage/workshop area for the owner. A coin-operated washer/dryer is located in the laundry room, with an extra closet-sized storage space for each unit. Four covered parking spaces are available. The property is zoned R3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.005923
    Latitude
    33.500033

    Nearby Similar for Sale

    • $11,600,000

      Arcadia Area Condos For Sale

      Eight high-end condos in Phoenix's Arcadia area, each with private elevator.
      4525 N 40Th St, Phoenix, AZ 85018
      View Details
    • New
      $534,900

      Renovated Triplex in Roosevelt Arts

      Upgraded triplex near downtown Phoenix with high-end finishes.
      325 N 17Th Dr, Phoenix, AZ 85007
      View Details
    • $615,000
      Pending

      New Construction Duplex in Phoenix

      Modern duplex in downtown Phoenix with no HOA fees.
      1120 S 4Th Ave, Phoenix, AZ 85003
      View Details
    • $499,999

      Phoenix Multi-Unit Investment Opportunity

      Two adjacent properties with three units in central Phoenix.
      1813 W Sherman St, Phoenix, AZ 85007
      View Details
    • New
      $424,900

      Phoenix Multifamily Investment Opportunity

      Four-unit property with income and renovation upside near GCU.
      2522 W Palo Verde Dr, Phoenix, AZ 85017
      View Details
    • $959,000

      Updated Tri-Plex in Uptown Phoenix

      Updated tri-plex in Uptown Phoenix, great investment opportunity.
      6239 N 14Th St, Phoenix, AZ 85014
      View Details

    FAQs

    What type of property is this?
    Quadplex - Multifamily property featuring remodeled unit and fenced yard.
    Where is this quadplex located?
    The property is located at 3518 E Montecito Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Remodeled 2-bedroom unit with plank-style tile flooring, kitchen cabinets, and granite countertops; - Four total units: three 1-bedroom/1-bath and one 2-bedroom/1-bath; - Coin-operated washer/dryer in laundry room with extra closet-sized storage for each unit
    (602) 228-8628
    Request Owner's contact information
    3518 E Montecito Ave Phoenix, AZ 85018
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3518 E Montecito Ave
    Phoenix, AZ 85018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3518 E Montecito Ave Phoenix, AZ 85018
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.