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220 W Monterosa Street Phoenix, AZ $ 1,800,000
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$ 1,800,000 Get more info
220 W Monterosa Street
$ 1,800,000
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220 W Monterosa Street

Phoenix, AZ, 85013
$ 1,800,000
Baths0.0

Monthly Estimate*

$ 11,083

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,800,000. This home was built in 2022.

EXCEPTIONAL OPPORTUNITY TO ACQUIRE 2 UNIT INCOME PRODUCING INVESTMENT PROPERTY IN MIDTOWN PHOENIX POSITIONED NEAR LIGHT RAIL, RESTAURANTS, HOSPITALS & GREAT SCHOOLS.The sale consists of 2 mirrored 2,480 sq,ft. units, covered by one loan and a single APN #. The homes feature Identical 4 bed, 3 full baths and 2 half baths layouts spanning three stories with a loft and entertainer's dream roof deck with amazing views . Main floor boasts spacious open plan LR ,gourmet kitchen quartz waterfall island with sliders to patio.Industrial metal stars ,blonde solid wood floors and black and white color palette to give an urban chic feel. Roof deck has detached casita that can serve as 4 bedroom/office. Live in one rent the other or rent both.1 Unit is currently an Airbnb.Furniture can convey.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,484

Style

Multiple Dwellings

Year Built

2022

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6964977
Features
Interior
Interior Amenities Wet Bar
Flooring Ceramic Tile Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Ceiling Fan(s) Heat Pump
Roof Tile Built-Up
Zoning R-4
Construction Materials Lap Siding Wood Frame Siding Stucco
Year Built 2022
Electric APS
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 124596.0
Community Features No Pool
County Maricopa
Net Operating Income 96046.0
Operating Expense 17696.0
Insurance Expense 1392.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name CASA DE ALEGRIA
Garage Y/N Y
Status Active
Directions SOUTH ON CENTRAL TO MONTEROSA ST..WEST TO HOMES ON THE RIGHT
High School Central High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Longview Elementary School
Tax Annual Amount 11484.0
Electric Expense 1440.0
Fuel Expense 960.0
Middle/Junior High School Osborn Middle School
Water Sewer Expense 1220.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Osborn Elementary District
Tax Lot 1
Cap Rate 5.34
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Parking Features Add'l Parking Avail Garage Door Opener
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 6422
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Coldwell Banker Realty

Broker

diane.scott13@gmail.com

Email

Affordability Calculator

$12,040
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
$957
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4328222 Elementary School
4327120 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2026$1,800,000 Listed Price

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220 W Monterosa Street, Phoenix, AZ, 85013 is a Multi-Family Home for sale at $1,800,000. 220 W Monterosa Street is a studio with 0.0 baths and was built in 2022. The property's zip code is 85013 which is in Phoenix, AZ

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