170 E MONTEREY Way Phoenix, AZ $ 1,499,000
170 E MONTEREY Way
$ 1,499,000
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170 E MONTEREY Way

Phoenix, AZ, 85012
$ 1,499,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 10,353

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Multi-Family Home for sale in Phoenix, AZ

for $1,499,000 with 8 bedrooms. This home was built in 2026.

LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 3,152

Style

Multiple Dwellings

Year Built

2026

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7098144

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Ceiling Fan(s)
Roof Composition
Zoning R-5
Construction Materials Wood Frame Painted Stucco
Year Built 2026
Electric APS
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 134400.0
Community Features No Pool
County Maricopa
Net Operating Income 127680.0
Operating Expense 3152.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name MONTEREY MEDICAL PLAZA
Garage Y/N N
Status Active
Directions Head north on 3rd street from Left on Monterey Way. Monterey is north of Thomas Rd & South of Osborn rd.
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 3152.0
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 Vacant
Elementary School District Osborn Elementary District
Tax Lot 3
Cap Rate 8.52
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Free >1 Space Per Unit Carport
Water Source City Franchise
Total Parking 8.0
Number of Buildings 2
Spa N
Lot Dimensions 70 x 100
Road Surface Type Asphalt
Covered Spaces 6.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 8
Total Baths 100
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Internal Only
Street Number 1 170
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* Excluded Features
List By
My Home Group Real Estate

Broker

austin@constructivegroupaz.com

Email

Affordability Calculator

$10,616
Per Month
98%
2%
0%
Monthly Principal & Interest
$10,353
Monthly Property Taxes
$263
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2026$1,499,000 Listed Price

Map


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170 E MONTEREY Way, Phoenix, AZ, 85012 is a Multi-Family Home for sale at $1,499,000. 170 E MONTEREY Way has 8 bedrooms, 0.0 baths, and was built in 2026. The property's zip code is 85012 which is in Phoenix, AZ