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4-Unit Quadplex with Private Patios
For Sale
$1,499,000

170 E MONTEREY Way, Phoenix, AZ 85012

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market18

Property Features for 170 E MONTEREY Way

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning R-5
Bedrooms 8
Bathrooms 12
Full bathrooms 8
Rooms Bedroom 1, Bathroom 12, Bathroom 5, Bathroom 3, Bathroom 2, Bathroom 11, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 6, Bathroom 10, Bathroom 4, Bathroom 8, Bathroom 9, Bedroom 2, Bedroom 7, Bathroom 7, Bathroom 1
Parking features Carport
Exterior features Sidewalk(s)
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Subdivision MONTEREY MEDICAL PLAZA
Elementary school district Osborn Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Head north on 3rd street from Left on Monterey Way. Monterey is north of Thomas Rd & South of Osborn rd.
Standard status Active
APN 118-34-060-A

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3 MONTEREY MEDICAL PLAZA MCR 006521
Tax Annual Amount 3152
Legal Description LOT 3 MONTEREY MEDICAL PLAZA MCR 006521

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s)

Building Details

Year built 2026
Number of units 4
Flooring type Carpet, Vinyl
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: My Home Group Real Estate
Listed By: Austin J. Stocks
Added: Oct 8 Changed: Oct 24 Last Checked: Oct 25 at 8:06AM
MLS# 7098144

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.

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Investment Insights

Based on property information with market context.

This four-unit residential property is under construction and carries a 2026 year built. Each residence offers 1,192 square feet, with two bedrooms and two-and-a-half bathrooms. Private front patios provide outdoor space, and each unit has two dedicated parking spaces. The building is wood-frame construction with painted stucco, carpet and vinyl flooring, and a composition roof.

The property is within walking distance of downtown Phoenix. It is zoned R-5 and served by public sewer. Unit appliances include a built-in range, disposal, dishwasher, refrigerator, microwave, and washer/dryer. Central electric heat and ceiling fans are listed among the building systems.

Key Highlights

  • Four residential units, each with 1,192 square feet
  • Each unit has 2 bedrooms and 2.5 bathrooms
  • Two dedicated parking spaces per residence

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

6,216
Businesses Nearby

Demographics for 85012, AZ

8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has in-unit laundry appliances and a private outdoor patio.
Where is this quadplex located?
The property is located at 170 E MONTEREY Way Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Four residential units, each with 1,192 square feet; Each unit has 2 bedrooms and 2.5 bathrooms; Two dedicated parking spaces per residence
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