MLS# 6977076 – 920 E Montebello Avenue, Phoenix, AZ 85014

Price: $2,250,000
Units: 7
Property Type: Multiple Dwellings
Status: Active
Year Built: 1957
Neighborhood: Montgomery Acres
Days on Website: 92

Courtesy of CLA Realty, LLC

Property Description

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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Disposal”
  • “Refrigerator”
  • “Built-In Gas Oven”
  • “Microwave”
  • “Washer/Dryer”
  • “W/D Hookup”
  • Building
  • Built in 1957
  • Construction materials: “Painted”, “Stucco”, “Block”
  • 7 total units
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • “Electric”
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Vinyl”
  • Heating
  • “Hot Water”
  • “Forced Air”
  • “Central”
  • “Electric”
  • “Ceiling”
  • Listing
  • Listing ID: 6977076
  • Standard status: Active
  • 89 days on market
  • Location
  • Subdivision name: MONTGOMERY ACRES
  • Parking
  • “Off Street”
  • “>1 Space Per Unit”
  • “On Street”
  • 7 total parkings
  • Property
  • Zoning: R-3
  • Roof
  • “Foam”
  • Schools
  • Elementary school: Madison Rose Lane School
  • High school: North High School
  • High school district: Phoenix Union High School District
  • Security Features
  • “Security Light(s)”
  • “Fire Escape”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $3,431
  • Lot: 3
  • Utilities
  • “APS”

Property Map

$2,250,000 – 920 E Montebello Avenue, Phoenix, AZ 85014

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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.