Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6973902 – 1605 E Montebello Avenue, Phoenix, AZ 85016

$2,500,000 - Br/Ba - for Sale in Phoenix
Price: $2,500,000
Units: 9
Property Type: Multiple Dwellings
Status: Active
Year Built: 1961
Days on Website: 98

Courtesy of My Home Group Real Estate

Property Description

Exceptional opportunity to acquire a fully remodeled 9-unit multifamily asset in one of Phoenix’s most desirable rental corridors. Located just minutes from the Biltmore area, this stabilized property offers immediate cash flow with 100% occupancy and strong long-term appreciation upside. Each unit has been thoughtfully renovated, appealing to today’s renter demand while minimizing future capital expenditures. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth. This is a rare chance to own a turnkey, stabilized multifamily property in a core Phoenix location with strong demographics and proven rental demand. Ideal for investors seeking a low-maintenance asset in a premier submarket.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Built-In Range”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1961
  • Construction materials: “Painted”, “Block”
  • 9 total units
  • Cooling
  • “Ceiling Fan(s)”
  • Floors
  • “Laminate”
  • Heating
  • “Hot Water”
  • Listing
  • Listing ID: 6973902
  • Standard status: Active
  • 96 days on market
  • Parking
  • “Detached Carport”
  • “1 Space/Unit”
  • 8 total parkings
  • Property
  • Zoning: RES
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Madison Rose Lane School
  • High school: North High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $5,574
  • Lot: 164-51-057-A
  • Utilities
  • “SRP”

Property Map

$2,500,000 – 1605 E Montebello Avenue, Phoenix, AZ 85016

Street View

Nearby Schools

Similar Properties Nearby

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.

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map Schools