$600,000

Estimated payment $3,277/month

Total Views 3,333
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • 4-minute walk to Harmon Park

About This Home

MatthewsTM 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.

Listing Agent

Brad Skenderian

Matthews Real Estate Investment Services License #SA692958000 Listed on: 01/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 2021

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces

Schools

  • Lowell Elementary School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 112-17-164

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50FT WIDE 130 FT LONG
  • Montgomery Add Blks 23 26 31 34 39 42 47 50 Subdivision

Building Details

  • Operating Expense $5,469
  • Gross Income $43,200
  • Net Operating Income $40,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: CENTRAL & BUCKEYE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2021
  • Tax Year: 2025
  • Subdivision Name: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 371.0

Schools

  • Elementary School: Lowell Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 50FT WIDE 130 FT LONG
  • Additional Parcels: No
  • Parcel #: 112-17-164

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 43200.0
  • Insurance Expense: 2054.0
  • Property Net Operating Income: 40177.0
  • Annual Operating Expense: 5469.0

Tax Info

  • Tax Annual Amount: 2339.0
  • Tax Book Number: 112.00
  • Tax Lot: 21

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,339 $16,466 -- --
2024 $2,181 $15,682 -- --
2023 $2,181 $27,450 $5,490 $21,960
2022 $2,103 $21,230 $4,240 $16,990
2021 $429 $8,340 $8,340 $0
2020 $434 $7,425 $7,425 $0
2019 $434 $4,350 $4,350 $0
2018 $426 $3,105 $3,105 $0
2017 $416 $2,700 $2,700 $0
2016 $404 $2,520 $2,520 $0
2015 $399 $2,688 $2,688 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2026 01/19/26 For Sale $600,000 -1.6% --
08/19/2022 08/19/22 Sold $610,000 -2.4% $368 / Sq Ft View Prior Sale
08/15/2022 08/15/22 Price Changed $624,700 0.0% $377 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $624,700 0.0% $377 / Sq Ft
07/08/2022 07/08/22 For Sale $624,800 +2.4% $377 / Sq Ft
07/06/2022 07/06/22 Off Market $610,000 -- --
07/06/2022 07/06/22 Price Changed $624,800 0.0% $377 / Sq Ft
06/30/2022 06/30/22 Price Changed $624,900 0.0% $377 / Sq Ft
06/25/2022 06/25/22 Price Changed $625,000 -3.8% $377 / Sq Ft
06/14/2022 06/14/22 Price Changed $649,900 -7.1% $392 / Sq Ft
05/31/2022 05/31/22 For Sale $699,900 -- $422 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Navi Title Agency
Warranty Deed -- --
Warranty Deed -- Navi Title Agency
Warranty Deed -- --
Warranty Deed $610,000 New Title Company Name
Warranty Deed $180,000 Wfg National Title Ins Co
Warranty Deed $5,580,000 Chicago Title Agency
Cash Sale Deed $9,775,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $443,250 New Conventional
Previous Owner $445,000 New Conventional
Previous Owner $457,500 New Conventional
Previous Owner $7,500,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6971092

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-164

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