MLS# 7003754 – 3618 E Montecito Avenue, Phoenix, AZ 85018

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$1,475,000 - Br/Ba - for Sale in Pasadena Manor, Phoenix
Price: $1,475,000
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1960
Neighborhood: Pasadena Manor
Days on Website: 38

Courtesy of First Road Property Advisors, LLC

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Property Description

Fabulous 4-Unit apartment community located in high-demand location- Arcadia/Biltmore Neighborhood. Stable investment, no major reconstruction or lease-up needed. All units occupied & updates include all-tile flooring, dual-pane windows/doors, updated cabinets/granite counters in kitchen & baths, skylights, SS appliances, ceiling fans and much more. Each unit is a 2 Br/1.5 Ba (Jack & Jill) over 900 sf, private-fenced patio, one-reserved carport w/storage shed. Four units total 3,638 sf, plus separate workshop/storage shed of 306 sf. Community Laundry Room w/owned units – free to tenants. Well maintained by long-term owner: New Roof 2020; Sewer-line replaced 2019; New electric panel 2024. Short walk/drive to LGO & many restaurants/shopping, Fwys., airport, Scottsdale, Downtown Phx…

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Property Details and Features

  • Appliances & Equipment
  • “Free-Standing Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Free-Standing Electric Oven”
  • “Microwave”
  • Building
  • Built in 1960
  • Construction materials: “Painted”, “Block”
  • 4 total units
  • Cooling
  • “Ceiling Fan(s)”
  • “Electric”
  • “Heat Pump”
  • “Individual”
  • “2 or More Units”
  • Expenses
  • Insurance: $4,700
  • Water sewer: $3,256
  • Exterior Features
  • “Sidewalk(s)”
  • Floors
  • “Tile”
  • Heating
  • “Forced Air”
  • “Individual”
  • “Electric”
  • Listing
  • Listing ID: 7003754
  • Standard status: Active
  • 35 days on market
  • Location
  • Subdivision name: PASADENA MANOR
  • Parking
  • “Detached Carport”
  • “Paved”
  • “Free”
  • “1 Space/Unit”
  • “Carport”
  • 4 total parkings
  • Property
  • Zoning: R-3
  • Roof
  • “Composition”
  • “Built-Up”
  • “Foam”
  • Schools
  • Elementary school: Biltmore Preparatory Academy
  • High school: Camelback High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $4,073
  • Lot: 12
  • Utilities
  • “SRP”
  • “Submetered System”

Property Map

$1,475,000 – 3618 E Montecito Avenue, Phoenix, AZ 85018

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Nearby Schools

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

Request More Information

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

Schedule a Showing

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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.

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