1106 S Montezuma Ave Phoenix, AZ 85003
Central City NeighborhoodEstimated payment $3,879/month
Total Views
1,083
--
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
2 new construction units located in the Central City submarket of Phoenix, Arizona. Built in 2021, the asset consists of (2) 2-bedroom, 1-bathroom units each with 2 car garages. Each unit measures approximately 550 square feet, and tenants are also responsible for their own utilities. The property sits just outside of Downtown Phoenix and near many dining and entertainment options, making this an attractive opportunity for an investor or owner-occupant. This asset is ideal for investors seeking a new construction opportunity in one of the fastest-growing metropolitan areas of the U.S.
Also available with the duplex next door (1110 S Montezuma).
Listing Agent
Matthews Real Estate Investment Services License #SA692958000 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,202
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 $5,332
- Gross Income $43,200
- Net Operating Income $40,177
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,202 | $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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $675,000 | +10.7% | -- |
| 08/19/2022 08/19/22 | Sold | $610,000 | -2.4% | $368 / Sq Ft |
| 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 | -- | -- | |
| 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 | $445,000 | New Conventional | |
| Previous Owner | $457,500 | New Conventional | |
| Previous Owner | $12,800 | Commercial | |
| Previous Owner | $280,000 | Commercial | |
| Previous Owner | $6,000,000 | Construction | |
| Previous Owner | $7,500,000 | Commercial | |
| Previous Owner | $0 | Unknown |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6898632
APN: 112-17-164
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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