MLS# 6968385 – 137 W Latona Road, Phoenix, AZ 85041

Price: $4,895,000
Units: 11
Status: Active
Year Built: 2025
Neighborhood: Latona Fontaine
Days on Website: 234

Courtesy of City to City Commercial

Property Description

Newer Built Homes. 11 individual homes sold in bulk built in 2024. Nice community with 2 pocket parks. All homes have 2 car garages. Located near the new light rail line extension on Central Ave. AS of now, all homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control. Buyer to verify all information.

Open House

Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Disposal
  • Dishwasher
  • Refrigerator
  • Free-Standing Electric Oven
  • Microwave
  • Washer/Dryer
  • Bathrooms
  • 30 total bathrooms
  • Bedrooms
  • 41 total bedrooms
  • Building
  • Built in 2025
  • 11 buildings
  • Construction Materials: Wood Frame, Stucco
  • Community
  • No Pool
  • Cooling
  • Electric
  • Disclosures
  • Other (See Remarks)
  • Expenses
  • Electric: $60
  • Insurance: $10,643
  • Operating: $23,009
  • Other Expense: $12,100
  • Floors
  • Laminate
  • Heating
  • Electric
  • Income
  • Gross Income: $303,890
  • Gross ScheduledIncome: $310,092
  • Net Operating Income: $254,251
  • Listing
  • Listing ID: 6968385
  • Standard Status: Active
  • MLS Status: Active
  • 289 days on market
  • Location
  • Subdivision: LATONA FONTAINE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: Irregular
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 22 covered spaces
  • 22 total parking spaces
  • Property
  • New Construction
  • Roof
  • Composition
  • Foam
  • Schools
  • Elementary School District: Roosevelt Elementary District
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 300-40-525
  • Public Survey Range: 3E
  • Public Survey Section: 5
  • Annual Amount: $206
  • Tax Book Number: 300.00
  • Legal Description: LOT 2 LATONA FONTAINE MCR 154205
  • Lot: 2
  • Year: 2025
  • Zoning: Residential
  • Utilities
  • Water Source: City Franchise
  • SRP

Property Map

$4,895,000 – 137 W Latona Road, Phoenix, AZ 85041

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This content last updated on September 5, 2026 12:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.