Properties
Phoenix, AZ 85014 920 E MONTEBELLO Avenue
$2,250,000
17 more
Presented By: CLA Realty, LLC; 866-662-9200
Home Details
Turnkey 7-unit multifamily investment in a prime central Phoenix location. Built in 1958 and fully renovated in 2022, featuring six 1-bed/1-bath units and one 3-bed/2-bath unit. Capital improvements include new roof (2024), privacy fence (2023), new hot water heaters, plumbed utility room, and updated landscaping with upgraded irrigation/timers. Units offer in-unit washer/dryers and are individually metered for electric and gas. Ample parking on site. Option to purchase adjacent parcel, currently used for parking, zoned R-3 with potential for 3 additional units. Walkable to 7th St Restaurant Row and Uptown Plaza.
Presented By: CLA Realty, LLC; 866-662-9200
Interior Features for 920 E MONTEBELLO Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringVinyl
Heating Y/NYes
General for 920 E MONTEBELLO Avenue
Additional Parcels Y/NYes
Attached Garage No
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Stucco, Block
CoolingCentral Air, Ceiling Fan(s), Electric
CountyMaricopa
DisclosuresOther (See Remarks)
ElectricAPS
Elementary SchoolMadison Rose Lane School
Elementary School DistrictMadison Elementary District
Garage Y/NNo
Gross Income0.0
HeatingHot Water, Forced Air, Central, Electric, Ceiling
High SchoolNorth High School
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolMadison Meadows School
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
New Financing: CashTrue
Number Of Units Total7
Open Parking Spaces7.0
Operating Expense3431.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofFoam
Security FeaturesSecurity Light(s), Fire Escape
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMONTGOMERY ACRES
Tax Annual Amount3431.0
Tax Lot3
Tax Year2025
Township2N
Year Built1957
ZoningR-3
Exterior for 920 E MONTEBELLO Avenue
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesSidewalk(s)
Irrigation Water Rights Y/NNo
Lot Dimensions11, 892
Number of Buildings3
Parking FeaturesOff Street, >1 Space Per Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking7.0
Water SourceMaster Meter
Additional Details
Price History
Schools
Elementary School
Madison Rose Lane School Elementary School
High School
North High School
Middle School
Madison Meadows School Middle School
