220 W MONTEROSA Street Phoenix, AZ $ 1,650,000
220 W MONTEROSA Street
$ 1,650,000
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220 W MONTEROSA Street

Phoenix, AZ, 85013
$ 1,650,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 10,418

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Multi-Family Home for sale in Phoenix, AZ

for $1,650,000 with 8 bedrooms. This home was built in 2022.

THIS CONTEMPORARY DUPLEX COMPRISING TWO IDENTICAL SFH HOMES (ONE LOT ONE APN#) IN HEART OF MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO AQUIRE AN ASSET AT BELOW -MARKET DEBT. The Homes are mirror image 2488 Sq Ft units, each featuring 4 bed, 3 full + 2 half baths spanning three slevels with loft and entertainer's dream roof deck allowing amazing sunset views. Quality finishes throughout with metal and wood, give an urban chic feel.Roof deck has detached casita that can serve as 4 bedroom/office. LIVE IN ONE AND OFF SET EXPENSES BY RENTING THE OTHER. SUITS MULTI-GENERATIONAL FAMILY LIFESTYLES OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY AND LONGTERM FINANCING FLEXIBILTY.

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 11,484

Style

Multiple Dwellings

Year Built

2022

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7062113

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Ceiling Fan(s)
Roof Tile Built-Up
Zoning R-4
Security Features Security Light(s) Security Alarm(s)
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 97301.0
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 4.0
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 5.9
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Attached Garage Garage Door Opener
Water Source City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 6422
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Ceramic Tile Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 8
Total Baths 8
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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

$11,375
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,418
Monthly Property Taxes
$957
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
8/4/2026$1,650,000 Listed Price

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220 W MONTEROSA Street, Phoenix, AZ, 85013 is a Multi-Family Home for sale at $1,650,000. 220 W MONTEROSA Street has 8 bedrooms, 0.0 baths, and was built in 2022. The property's zip code is 85013 which is in Phoenix, AZ