$2,250,000

920 E Montebello Ave Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated payment $11,843/month

Total Views 1,348
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Turnkey 7-unit multifamily investment in a prime central Phoenix location. Built in 1958 and fully renovated in 2022, featuring six 1-bed/1-bath units and one 3-bed/2-bath unit. Capital improvements include new roof (2024), privacy fence (2023), new hot water heaters, plumbed utility room, and updated landscaping with upgraded irrigation/timers. Units offer in-unit washer/dryers and are individually metered for electric and gas. Ample parking on site. Option to purchase adjacent parcel, currently used for parking, zoned R-3 with potential for 3 additional units. Walkable to 7th St Restaurant Row and Uptown Plaza.

Listing Agent

Kimberly Zavala

CLA Realty, LLC License #SA713874000 Listed on: 01/30/2026

CLA Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1957

Lot Details

  • Additional Parcels

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Schools

  • Madison Rose Lane Elementary School
  • Madison Meadows Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 162-06-022-C

Community Details

Overview

  • 3 Buildings
  • 7 Units
  • Building Dimensions are 11,892
  • Montgomery Acres Subdivision

Building Details

  • Operating Expense $3,431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,431

Year Built

Built in 1957

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTGOMERY ACRES
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Disposal, Microwave, Washer/Dryer, W/D Hookup, Built-In Gas Oven

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Other (See Remarks)
  • Construction Type: Block, Painted, Stucco
  • Roof: Foam

Garage/Parking

  • Parking Features: On Street, >1 Space Per Unit, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Ceiling Fan(s)
  • Heating: Electric, Central, Ceiling, Forced Air, Hot Water
  • Security: Security Light(s), Fire Escape
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 11,892
  • Additional Parcels: Yes
  • Parcel #: 162-06-022-C

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Gas, Cable TV
  • Number Of Units Total: 7
  • Annual Operating Expense: 3431.0

Tax Info

  • Tax Annual Amount: 3431.0
  • Tax Lot: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $1,687 $12,950 $12,950 --
2024 $1,565 $12,333 $12,333 --
2023 $1,565 $31,500 $31,500 $0
2022 $1,519 $28,005 $28,005 $0
2021 $1,532 $29,745 $29,745 $0
2020 $1,508 $28,650 $28,650 $0
2019 $1,475 $13,920 $13,920 $0
2018 $1,439 $13,815 $13,815 $0
2017 $1,371 $10,890 $10,890 $0
2016 $1,324 $8,805 $8,805 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 For Sale $2,250,000 0.0% --
10/08/2024 10/08/24 Off Market $1,300 -- --
10/04/2024 10/04/24 Price Changed $1,300 +4.0% $2 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,250 0.0% $2 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,250 -3.8% $2 / Sq Ft
09/14/2024 09/14/24 For Rent $1,300 0.0% --
09/04/2024 09/04/24 For Rent $1,300 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- --
Warranty Deed $1,950,000 Fidelity National Title
Special Warranty Deed $1,400,000 Magnus Title Agency Llc
Special Warranty Deed $750,000 Fidelity Natl Ttl Agcy Inc
Quit Claim Deed -- None Available
Warranty Deed $475,000 Westland Title Agency
Warranty Deed $175,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $560,000 New Conventional
Previous Owner $1,725,000 Construction
Previous Owner $390,000 Commercial
Previous Owner $332,500 New Conventional
Previous Owner $122,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6977076

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-06-022D

Arizona Maricopa County Phoenix 85014 Camelback East Village

920 E Montebello Ave, Phoenix, AZ

For Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Listing Agent
Kimberly Zavala
Section Image
CLA Realty, LLC
(928) 848-6943
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