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    3804 E Monterey Way Phoenix, AZ 85018

    For Sale
    $9,250,000

    Multi-Unit (5+) - Phoenix, AZ

    Property size:
    1,825 SF
    Lot size:
    1.02 Acres
    Days on Market:
    162
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 3804 E Monterey Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    100
    APN
    000000-000.000-0000-015.000
    Parking features
    Garage, Garage - Attached
    Size
    1,825 SF
    Lot size
    1.02 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Year renovated
    2024
    Flooring type
    Carpet, Vinyl
    Building materials
    Stone
    Roof type
    Flat
    Architectural style
    Other

    ARRT OF REAL ESTATE LLC (480) 239-7793

    Listing agent Robert Clarfield (480) 239-7793

    Listing date Jun 27, 2025

    MLS# 11526132 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Luxury Townhome Community

    Alameda Villas is a new construction community completed in 2024, featuring 15 single-family townhomes. These homes can be sold individually or acquired entirely for leasing. Each unit includes three bedrooms and 2.5 bathrooms. The units feature premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors. Each unit offers 1,825 square feet of living space with 2,246 square feet under roof, and a two-car garage. The property is located near dining, grocery stores, and shopping. The lot size is 1.02 acres. The zoning is 100.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness 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
    -111.99965
    Latitude
    33.485833

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    FAQs

    What type of property is this?
    Apartment building - New construction townhome community completed in 2024, great leasing opportunity.
    Where is this apartment building located?
    The property is located at 3804 E Monterey Way Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $9,250,000.
    What are key features of this property?
    This property features: - Brand new luxury townhome completed in 2024.; - Three bedrooms and 2.5 bathrooms with 1,825 SQFT of living space.; - Premium finishes including custom cabinetry, elegant countertops, and beautiful flooring.
    (480) 239-7793
    Request Owner's contact information
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    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
    3804 E Monterey Way Phoenix, AZ 85018
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