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    Fully Remodeled Duplex with Detached Homes Title is generated by Realmo AI

    1934 E MONTE VISTA Road, Phoenix, AZ 85006

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    For Sale
    $600,000

    MULTI_FAMILY - Phoenix, AZ

    Property size:
    2,285 SF
    Price / SF:
    $262/SF
    Added:
    May 16, 2026
    Days on Market:
    20
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for 1934 E MONTE VISTA Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1-6
    Parking features
    On Street
    Appliances
    Built-In Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
    Standard status
    Active
    APN
    117-14-155

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 6 BLOCK 2 EAST ROSELAWN HEIGHTS MCR 001844
    Tax Annual Amount
    1387

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s), Wall/Window Unit(s), Wall Unit(s), Central Air

    Building Details

    Year built
    1930
    Number of units
    2
    Flooring type
    Tile - Ceramic
    Building materials
    Wood Frame, Siding, Stucco, Block
    Roof type
    Composition

    We can help!

    Listing Contact
    Rachel Krill

    Listing agent Rachel Krill License #BR559282000

    Listing office Real Broker 3707 E Southern Ave, #1074, tempe, AZ

    Listing date May 16, 2026

    MLS# 7029468 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

    • Fully remodeled duplex with a main house plus a separate 2‑bedroom guest house, each with private entry
    • 4‑bed, 2‑bath main house with 1,570 sqft and tile flooring
    • 2‑bed, 1‑bath guest house with 715 sqft, its own kitchen and W/D hookup
    • Combined 2,285 sqft total living area
    • Natural gas heating and central air, plus ceiling/wall/window unit cooling
    • Composition roof with public sewer; built‑in range, dishwasher, microwave, refrigerator included

    Overview

    This fully remodeled duplex includes two detached homes, designed for independent use. The main house offers 4 bedrooms and 2 bathrooms, with an interior area of 1,570 square feet. A separate guest house provides 2 bedrooms and 1 bathroom, totaling 715 square feet, and is equipped with its own kitchen, laundry hook ups, and private entryway. The overall configuration supports day-to-day privacy between households and creates clear separation for guests, tenants, or longer-term rentals.

    The property is located in Phoenix, Arizona, along the SR 51 corridor. Public remarks note convenience to major destinations, with approximately 6 minutes to the airport and about 10 minutes to Downtown Phoenix. The listing also references the east Coronado area, positioning the property within a locally sought residential context.

    For buyers seeking residential income flexibility, the two detached homes can help accommodate different tenant needs or lifestyle arrangements without requiring shared access to kitchens or laundry. With a residential zoning designation of R1-6 noted in the listing, this duplex setup may appeal to owner-occupants who want rental income while maintaining private space, as well as investors looking for a straightforward two-home structure where each unit is set up to operate independently.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.039639
    Latitude
    33.471428

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    FAQs

    What type of property is this?
    Duplex - Remodeled duplex with separate kitchens and laundry hook ups, offering flexible living and rental configurations.
    Where is this duplex located?
    The property is located at 1934 E MONTE VISTA Road Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Fully remodeled duplex with a main house plus a separate 2‑bedroom guest house, each with private entry; 4‑bed, 2‑bath main house with 1,570 sqft and tile flooring; 2‑bed, 1‑bath guest house with 715 sqft, its own kitchen and W/D hookup
    (928) 246-4714
    We can help!
    Listing Contact
    Rachel Krill
    Real Estate License ID: BR559282000
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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