MLS# 6964977 – 220 W Monterosa Street, Phoenix, AZ 85013

Price: $1,750,000
Units: 2
Property Type: Multiple Dwellings
Status: Active
Year Built: 2022
Neighborhood: Casa De Alegria
Days on Website: 114

Courtesy of Coldwell Banker Realty

Property Description

OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING at 4.875% -$1.323M IN-PLACE DEBT THIS DUPLEX IN MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY WITH BELOW -MARKET DEBT. The sale consists of 2 mirrored 2603 sq,ft. units, with one loan and a single APN #. The homes feature Identical 3 level 4 bed, 3,5 baths layouts w loft and entertainer’s dream roof deck with views. Roof deck has detached casita that can serve as 4 bedroom/office. Proximity to light rail, medical centers, hospitals University campus and business hubs provide high tenant demand as do flexible short term /long term rental strategies. IDEAL FOR INVESTORS,OWNER OCCUPANTS, OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY,IMPROVED CASH FLOW & LONG- TERM FINANCING FLEXIBILITY

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Property Details and Features

  • Appliances & Equipment
  • “Free-Standing Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 2022
  • Construction materials: “Lap Siding”, “Wood Frame”, “Siding”, “Stucco”
  • 2 total units
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • Expenses
  • Electric: $1,440
  • Fuel: $960
  • Insurance: $1,392
  • Water sewer: $1,220
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Ceramic Tile”
  • “Wood”
  • Heating
  • “Electric”
  • Interior Features
  • “Wet Bar”
  • Listing
  • Listing ID: 6964977
  • Standard status: Active
  • 112 days on market
  • Location
  • Subdivision name: CASA DE ALEGRIA
  • Parking
  • “Attached Garage”
  • “Garage Door Opener”
  • 4 total parkings
  • Property
  • Zoning: R-4
  • Roof
  • “Tile”
  • “Built-Up”
  • Schools
  • Elementary school: Longview Elementary School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Security Features
  • “Security Light(s)”
  • “Security Alarm(s)”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $11,484
  • Lot: 1
  • Utilities
  • “APS”

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$1,750,000 – 220 W Monterosa Street, Phoenix, AZ 85013

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.