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 Market221
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 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 2
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
Varies by Unit, Wall Unit(s), Electric, Wall/Window 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: Sep 30
Last Checked: Oct 2 at 12:06PM
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 at 1022 S MONTEZUMA Avenue includes two residential units: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Both units are fully rented. A separate third building is also present and may be renovated for potential triplex use.
The property was recently combined into a single 9,780-square-foot lot and carries Multi Family zoning. Improvements include block and slump block construction, composition roofing, concrete and carpet flooring, ceiling heat, and unit-specific electric cooling. Appliances include ranges, disposals, refrigerators, microwaves, and washer/dryer equipment. Public sewer serves the property, with on-street parking available. Built in 1942, the property is located in Phoenix, Arizona.
The property was recently combined into a single 9,780-square-foot lot and carries Multi Family zoning. Improvements include block and slump block construction, composition roofing, concrete and carpet flooring, ceiling heat, and unit-specific electric cooling. Appliances include ranges, disposals, refrigerators, microwaves, and washer/dryer equipment. Public sewer serves the property, with on-street parking available. Built in 1942, the property is located in Phoenix, Arizona.
Key Highlights
- Remodeled duplex with two fully rented units
- Unit mix includes 2 bedrooms/1 bathroom and 1 bedroom/1 bathroom
- Separate third building may be renovated for triplex use
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units accompany a separate structure that may support future renovation for a third dwelling.
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 units; Unit mix includes 2 bedrooms/1 bathroom and 1 bedroom/1 bathroom; Separate third building may be renovated for triplex use
