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New Construction Apartment Community

3804 E Monterey Way, Phoenix, AZ 85018

For Sale
$8,699,900

Fifteen attached residences offer three-bedroom layouts, private two-car garages, and contemporary finishes in a recently completed community.

Property Size1,825 SF
Price / SF$4,767
Days on Market95

Property Features for 3804 E Monterey Way

General Information

Standard status Active
Size 1,825 SF
Property subtype Multi-Family

Site & Location

Neighborhood Alhambra

Building Details

Year Built 2024
Listing Agency: Barrett Real Estate
Listed By: Cook & Associates Real Estate Advisors
Source: Viewarizonahomesforsale
Added: Aug 11 Changed: Nov 12 Last Checked: Nov 12 at 7:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barrett Real Estate

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Investment Insights

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Completed in 2024, this 15-residence apartment community consists of single-family townhome-style units. Each residence provides three bedrooms, two and one-half bathrooms, 1,825 square feet of living space, and 2,246 square feet under roof. Two-car garages accompany the homes, while custom cabinetry, refined countertops, durable flooring, and synthetic stucco exteriors are among the stated improvements.

The property is located at 3804 E Monterey Way in Phoenix, Arizona 85018, within the Arcadia/Scottsdale area. Dining, grocery stores, and shopping are identified nearby. The residences are fully occupied, and the community may be acquired as a whole or offered as individual single-family residences, providing multiple ownership and leasing structures supported by the existing configuration.

Key Highlights

  • 15 townhome‑style residences completed in 2024
  • Each unit includes 3 bedrooms and 2.5 bathrooms
  • 1,825 SF of living space and 2,246 SF under roof per unit

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

1,406
Businesses Nearby

Demographics for 85018, AZ

37,944
Population
19,487
Households
1.9
Avg Household Size
40
Median Age
57%
College-Educated
92%
High-School Grad
15.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$87,637
Median Household Income
$58,555
Median Earnings
$1,411
Median Rent
$805,800
Median Home Value
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Market

Properties on Market for Apartment buildings in Phoenix

Jul
Aug
Sep
Oct

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?
Apartment building - Fifteen attached residences offer three-bedroom layouts, private two-car garages, and contemporary finishes in a recently completed community.
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 $8,699,900.
What are key features of this property?
This property features: 15 townhome‑style residences completed in 2024; Each unit includes 3 bedrooms and 2.5 bathrooms; 1,825 SF of living space and 2,246 SF under roof per unit
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