1106 S MONTEZUMA Avenue Phoenix, AZ $ 600,000
1106 S MONTEZUMA Avenue
$ 600,000
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1106 S MONTEZUMA Avenue

Phoenix, AZ, 85003
$ 600,000
Baths0.0

Monthly Estimate*

$ 3,694

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $600,000. This home was built in 2021.

Matthews™ is pleased to present the listing for 1106 & 1110 S Montezuma, two duplex properties located in the Central City submarket of Phoenix, Arizona. Built in 2021, the asset consists of (4) 2-bedroom, 1-bathroom units, each with 2-car garages. Each unit averages ±550 square feet (excluding garages), totaling approximately 2,200 square feet of rentable space. Tenants are responsible for their own utilities. The duplex properties are next door to one another. One or both duplexes can be purchased with residential financing.

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Multi-Family Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,339

Style

Multiple Dwellings

Year Built

2021

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6971092

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Roof Foam
Zoning R-5
Construction Materials Wood Frame Painted Stucco Block
Year Built 2021
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 43200.0
Community Features No Pool
County Maricopa
Net Operating Income 40177.0
Operating Expense 5469.0
Insurance Expense 2054.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Garage Y/N Y
Status Active
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 Lowell Elementary School
Tax Annual Amount 2339.0
Water Sewer Expense 371.0
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 Phoenix Elementary District
Tax Lot 21
Cap Rate 6.7
New Financing: Conventional True
Senior Community N
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features <1 Space Per Unit
Water Source City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 50FT WIDE 130 FT LONG
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1106
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* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Email

Affordability Calculator

$3,889
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$195
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
4900930 Elementary School
4327058 Middle School
Central High School High School
Pricing History
Date Price Price Change Description
1/19/2026 $600,000 Listed Price

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1106 S MONTEZUMA Avenue, Phoenix, AZ, 85003 is a Multi-Family Home for sale at $600,000. 1106 S MONTEZUMA Avenue is a studio with 0.0 baths and was built in 2021. The property's zip code is 85003 which is in Phoenix, AZ