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822 E MONTECITO Avenue Phoenix, AZ $ 995,000
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822 E MONTECITO Avenue
$ 995,000
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822 E MONTECITO Avenue

Phoenix, AZ, 85014
$ 995,000
Baths0.0

Monthly Estimate*

$ 6,126

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $995,000. This home was built in 1958.

Welcome to 822 East Montecito Avenue, Phoenix, AZ 85014! This beautifully maintained four-plex offers a fantastic investment opportunity with a mix of two spacious 2-bedroom, 1-bath units and two large 1-bedroom, 1-bath units. Each unit features large private backyards, perfect for outdoor relaxation or entertaining. Enjoy the convenience of full-sized laundry facilities in each unit, along with a host of modern upgrades and amenities designed to enhance comfort and style. Whether you're looking for a stable income property or a home for yourself, this four-plex delivers both charm and convenience in a prime Phoenix location. Don't miss out on this exceptional opportunity! Tenant occupied. Please do not disturb.

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Multi-Family Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,178

Style

Multiple Dwellings

Year Built

1958

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6973303
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Electric
Roof Composition Built-Up
Zoning R3 MF MD
Construction Materials Painted Stucco Block
Year Built 1958
Electric APS
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 57399.0
Community Features No Pool
County Maricopa
Net Operating Income 49445.0
Operating Expense 11132.0
Insurance Expense 2600.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Subdivision Name CAROLYN PLACE LOT 1-9 46-54
Garage Y/N N
Status Active
Directions North on 7th Street to Montecito East on Montecito to property on left.
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 0.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 3178.0
Electric Expense 554.0
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 4800.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Osborn Elementary District
Tax Lot 39
Cap Rate 4.97
New Financing: Conventional True
Senior Community N
New Financing: FHA True
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 Assigned 1 Space/Unit Carport
Water Source City Franchise
Total Parking 4.0
Number of Buildings 2
Spa N
Lot Dimensions 85' x 110'
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 822
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* Excluded Features
List By
Grace Cre

Broker

mike@gracecre.com

Email

Affordability Calculator

$6,391
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
$265
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/23/2026$995,000 Listed Price

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822 E MONTECITO Avenue, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $995,000. 822 E MONTECITO Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 85014 which is in Phoenix, AZ

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