3804 E MONTEREY Way Phoenix, AZ ^$ 9,250,000

3804 E MONTEREY Way

^$ 9,250,000

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New Construction

3804 E MONTEREY Way

Phoenix, AZ, 85018

^$ 9,250,000

Studio Baths0.0

Monthly Estimate*

^$ 57,708

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $9,250,000. This home was built in 2024.

Introducing Alameda Villas - Brand New Luxury Townhomes! Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity. Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle. Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT Under Roof: 2,246 SQFT Two-Car Garage Don't miss this exceptional opportunity! Plus fully occupied!

Multi-Family Active

Price

^$ 9,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 30,000

Style

Multiple Dwellings

Year Built

2024

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6690486

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Ceiling Fan(s) Electric

Roof Foam

Zoning R-3

Construction Materials ICAT Recessed Lighting Wood Frame Painted Stucco Stone Ducts Professionally Air-Sealed

Year Built 2024

Electric SRP Individual Meter

Township 2N

Tax Year 2023

Ownership Fee Simple Fee Simple

Gross Income 410988.0

Community Features Other No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 30000.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name ALAMEDA VILLAS

Garage Y/N Y

Status Active

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 2.0

Number Of Units Total 15

Lot Size Square Feet 0.0

Carport Y/N N

Tax Annual Amount 30000.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Creighton Elementary District

Tax Lot 15

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Carpet Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Add'l Parking Avail On Street

Water Source Individual Meter Master Meter City Franchise

Total Parking 32.0

Lot Size Area 0.0

Number of Buildings 7

Spa N

Lot Dimensions 1.02 acres

Lot Size Acres 0.0

Covered Spaces 30.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3804

* Excluded Features

List By

Arrt Of Real Estate

Broker

Robazrei@gmail.com

Affordability Calculator

$60,208

Per Month

Monthly Principal & Interest: $57,708
Monthly Property Taxes: $2,500
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,164,455

Percent of Sale Price 87%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2025	$9,250,000	-3.65%	Price Down
6/9/2024	$9,600,000	-1.54%	Price Down
4/12/2024	$9,750,000		Listed Price

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3804 E MONTEREY Way, Phoenix, AZ, 85018 is a Multi-Family Home for sale at $9,250,000. 3804 E MONTEREY Way is a studio with 0.0 baths and was built in 2024. The property's zip code is 85018 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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3804 E MONTEREY Way

Multi-Family Home for sale in Phoenix, AZ

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