1022 S Montezuma Avenue, Phoenix, AZ 85003

$585,000
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List Price
$585,000
Status
ACTIVE
Days on Market
174
MLS#
6988700
City
Phoenix
Year Built
1942
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(602) 842-5050

Property Description

This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property was recently combined into one lot with 9,780 square feet. Perfect for additional structures and rental income options. DO NOT DISTURB TENANTS - PLEASE

(602) 842-5050
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Additional Information

Taxes
$691
Net Operating Income
$30,839
Cap Rate
5.27
Units
3
Parking Features
On Street
Construction
Block, Slump Block, Painted
Roofing
Composition
Cooling
Electric, Varies by Unit, Window/Wall Unit
Heating
Ceiling
Zoning
Multi Family
Subdivision
Montgomery Add Blks 23-26, 31-34, 39-42, 47-50
Community Features
No Pool
Electric
APS
Water
City Franchise
Tenant Pays
Water, Electricity, Gas, Trash Collection
New Financing
FHA, Conventional
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Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.