MLS# 6987955 – 2727 E Montecito Avenue, Phoenix, AZ 85016

Price: $885,000
Units: 3
Property Type: Multiple Dwellings
Status: Active
Year Built: 1959
Neighborhood: Brown Terrace
Days on Website: 70

Courtesy of Cambridge Properties

Property Description

Rare turn-key mid-century modern triplex in the heart of the Biltmore corridor within a lush desert landscape setting. Gated, walled courtyard creates sanctuary for this compound featuring two 2-bed/2-bath units and one spacious 1-bed/1-bath unit with delightful wood flooring. Unit 1 features a private large patio Enclosed 3-car garage with assigned spaces and private storage, plus shared on-site laundry. Owner pays water/sewer; tenants pay electric. Recent capital improvements and transferable termite warranty. Proximity to Sprouts, Starbucks, dining and breweries. Boutique multifamily asset in one of Phoenix’s strongest rental corridors with long-term appreciation appeal.

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Property Details and Features

  • Parking
  • 3 total parkings
  • “1 Space/Unit”
  • Appliances & Equipment
  • “Built-In Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1959
  • Construction materials: “Painted”, “Block”
  • 3 total units
  • Cooling
  • “Electric”
  • “Individual”
  • “2 or More Units”
  • Expenses
  • Insurance: $2,747
  • Maintenance: $719
  • Water sewer: $3,364
  • Floors
  • “Ceramic Tile”
  • “Vinyl”
  • “Wood”
  • Heating
  • “Individual”
  • “2 or More Units”
  • “Electric”
  • Listing
  • Listing ID: 6987955
  • Standard status: Active
  • 67 days on market
  • Location
  • Subdivision name: BROWN TERRACE
  • Property
  • Zoning: multi
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Madison Camelview Elementary
  • High school: Camelback High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,389
  • Lot: 5
  • Utilities
  • “SRP”
  • “Individual Meter”

Property Map

$885,000 – 2727 E Montecito Avenue, Phoenix, AZ 85016

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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.