1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
FOR SALE
0.44 ACRES

1605 E MONTEBELLO Avenue
Phoenix, AZ 85016

Camelback East
  • 14 Beds
  • 9 Baths
  • 7,500 sqft (on 0.44 acres)

$2,500,000

Est. Mortgage $13,387/mo*
Get Pre-Qualified

$2,500,000

Est. Mortgage $13,387/mo*
Get Pre-Qualified
14 Beds
9 Baths
7,500 sqft
(on 0.44 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Exceptional opportunity to acquire a fully remodeled 9-unit multifamily asset in one of Phoenix's most desirable rental corridors. Located just minutes from the Biltmore area, this stabilized property offers immediate cash flow with 100% occupancy and strong long-term appreciation upside.

Each unit has been thoughtfully renovated, appealing to today's renter demand while minimizing future capital expenditures. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth.

This is a rare chance to own a turnkey, stabilized multifamily property in a core Phoenix location with strong demographics and proven rental demand. Ideal for investors seeking a low-maintenance asset in a premier submarket.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$333
Listed
124 days ago

Home Details for 1605 E MONTEBELLO Avenue

Interior Features

Beds & Baths
Number of Bedrooms: 14Number of Bathrooms: 9
Dimensions and Layout
Living Area: 7500 Square Feet
Appliances & Utilities
Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/DryerDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Hot Water
Gas & Electric
Electric: SRPHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Floors: Laminate

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Number of Covered Spaces: 8Has a CarportNo GarageParking Spaces: 8Parking: Detached Carport,1 Space/Unit
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 68Days on Market: 124

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Painted, Block
Property Information
Parcel Number: 16451057A

Price & Status

Price
List Price: $2,500,000Price Per Sqft: $333

Active Status

MLS Status: Active

Location

Direction & Address
City: Phoenix
School Information
Elementary School: Madison Rose Lane SchoolElementary School District: Madison Elementary DistrictJr High / Middle School: Madison #1 Elementary SchoolHigh School: North High SchoolHigh School District: Phoenix Union High School District

Agent Information

Listing Agent
Listing ID: 6973902

Building

Building Area
Building Area: 7500 Square Feet

Community

Community Features: No Pool

Lot Information

Lot Area: 0.44 acres

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Other

Miscellaneous

Mls Number: 6973902

Additional Information

No Pool
Last check for updates: about 10 hours ago
Listing courtesy of Silvia Del Toro Ochoa, (623) 760-3742
My Home Group Real Estate
Source: ARMLS, MLS#6973902
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Price History for 1605 E MONTEBELLO Avenue

DatePriceEventSource
01/24/2026$2,500,000Listed For SaleARMLS #6973902

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719-733 E MARLETTE Avenue, Phoenix, AZ
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4,640
6239 N 14TH Street, Phoenix, AZ
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5
3
2,412
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1.82
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$3,200,000
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10,050

Nearby homes

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Assigned Schools

These are the assigned schools for 1605 E MONTEBELLO Avenue.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Camelback East
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Camelback East

At least 1117 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 82 % Say car is needed

  • 77 % Say there are sidewalks

  • 75 % Say parking is easy

  • 73 % Say it's walkable to restaurants

  • 70 % Say there's holiday spirit

  • 65 % Say yards are well-kept

  • 62 % Say it's quiet

  • 62 % Say it's walkable to grocery stores

  • 60 % Say people would walk alone at night

  • 57 % Say streets are well-lit

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Delmer Contreras
    "Madison school district is one of the best in AZ. We have everything from clothing, food, parks, big dog parks, bars, restaurants, car dealerships, and coffee shops. What else can we ask for? I been here for 12yrs and counting "
    0
    Flag
  • David S Shook
    "Farmers market, walking trails, great hotels, and nice people. This is our tenth year staying in the Biltmore area. "
    0
    Flag
  • ari rubinov
    "Kept a tight circle and the best was is to keep communicating and everything will be surface so ea king safer area"
    1
    Flag
  • Abby V.
    "People are always out walking their dogs. We live right by the canal where there’s a path you can walk with your pooch, and possibly meet another dog!!"
    3
    Flag
  • Laylag341
    "Not lots of greenery. Specific patches of grass for doggy usage. One dog park in a couple mile radius "
    0
    Flag
  • Mluck08
    "I’ve lived in this neighborhood for 3 years and I love it . It’s a nice beautiful area surrounded by the desert landscape"
    3
    Flag
  • Richardlusania798
    "Phoenix has its pockets of good and bad. If you like a slower pace of life than Phoenix is not for you. If you like entertainment the city has plenty to do but prepared for long lines."
    3
    Flag
  • Onesportfan
    "I have stayed here for a week and but my uncles have lived here for a year and they love this place "
    6
    Flag
  • Cameron
    "Close to great schools, quality dining and shopping, easy access to freeways. Neighborhood is active and friendly. "
    1
    Flag
  • Carl Thompson
    "Great place to live and raise children. Scottsdale school district is great. Close to the action without being in the action. 10 minutes from Old Towne Scottsdale and all it’s glory"
    1
    Flag
  • Vincent Aviles
    "There are none that I am aware of. My wife and I moved here four years ago and we have yet to see any type of neighborhood activities or get togethers. It would be nice if block parties existed out here. "
    5
    Flag
  • Dayna Donovan
    "It’s pretty dog friendly and the canal is close. While there are a lot of folks who walk their dogs it manages to be quiet and respectful on most walks."
    4
    Flag
  • Bruce Wayne
    "We have neighborhood potlucks , we have wonder bicycling in our area and property’s are well maintained. Lots of walkers and pet walkers, and feel safe in our neighborhood "
    2
    Flag
  • Trulia User
    "There can be a high rate of crime in the area with a large homeless population, and the city doesn't maintain parks and public places. It's home to me as I grew up here and love it, but there are definitely downsides."
    2
    Flag
  • Prancer
    "Great place to raise kids. lots of hills for skating and not much worry about creepers. The mountain is not far away and thats a great hike with an amazing view."
    1
    Flag
  • Trulia User
    "From what I have experienced over the last 18 months of living in this neighborhood, it is a very quiet and safe area for everyone, from singles to those with families. "
    1
    Flag
  • Trulia User
    "I always see a lot of dogs being walked around the area and for the most part people pick up after their dogs as well "
    1
    Flag
  • Trulia User
    "There are a few hiking spots close by, there is a nice running trail that runs alongside the canal and Camelback Rd. Southwest Human Development makes its home here supporting early childhood for much of Maricopa County. There’s no shortage of businesses around here. This area borders the more well to do Arcadia and Biltmore neighborhoods as well as the more decidedly homeless and drugee scene that runs South of Thomas Rd. It’s a typical Phoenix neighborhood otherwise."
    14
    Flag
  • Trulia User
    "Solid character and there’s a vibe of friendliness to whole area. I enjoy living here and when I move I hope to stay in the same area as well."
    11
    Flag
  • Trulia User
    "I love the convenience of everything here. There is a variety of shops and dining options. I never have to go more than 2 miles to find what I need. "
    4
    Flag
  • Trulia User
    "It's a great place for the whimsical. There is just about everything within walking distance. That you could possibly think the neighbors. Are very friendly. "
    1
    Flag
  • Trulia User
    "Always fun dog action and a family atmosphere! We love you asking all over the area. Looking for a house in the area for our dog and there’s plenty to offer in this area. "
    0
    Flag
  • Trulia User
    "Anchored by several schools, they neighborhood is evolving into young families and a sense of shared community. "
    1
    Flag
  • Trulia User
    "We have bus route on 12th st and on E camelback rd. I drive to my job. The 51 highway is also near.."
    0
    Flag
  • Trulia User
    "I enjoy living in this neighborhood I’m close to everything and there’s a lot of great restaurants around "
    3
    Flag
  • Trulia User
    "everything is going well for me and my family mmvcv thank you I will stay around here the schools are very good around here "
    0
    Flag
  • Trulia User
    "traffic is heavy here at certain times of the day. 2pm to 6pm very busy. try not to go anywhere unless you have to. use glenrosa to 24th St to get on Indian school road. also take the same way back. alot easier that way."
    0
    Flag
  • Trulia User
    "I've lived in this neighborhood and refuse to leave the zip code! It has convenience and style and meets my needs "
    4
    Flag
  • Trulia User
    "My neighborhood is close to good shopping. close to Camelback . good mall shopping. easy to get to. and restaurants. "
    1
    Flag
  • Trulia User
    "Dogs are everywhere and most people are good dog owners. Every once in a while, someone will have their dog off leash that is not well-trained enough. But it’s rare. Also, at times there are coyotes about. Most of the time they run. Away from people, but I imagine owners with small dogs might feel a bit nervous to see one. "
    0
    Flag
  • Trulia User
    "The townhomes I live in have a dog run/park at the end of the street. Also, they have pet waste bag and bin stations throughout the complex for their convenience. "
    0
    Flag
  • Trulia User
    "My Neighborhood has a great location spot for transit there on time never thought I catch a late bus ..."
    0
    Flag
  • Trulia User
    "Easy and short. It only takes 10 minutes to get to work and I only have minimal traffic. I drive most days and ride my bike on a few."
    0
    Flag
  • Trulia User
    "Everything is close by. Airport is easy to get to, popular restaurants are close and lots of variety. Lots,of ways to get around, freeway as well as cross town."
    0
    Flag
  • Trulia User
    "there's nothing really special here, it's safe low crime but otherwise it's just the neighborhood. I made friends with two other neighbors but that's been about the extend of the friendliness of the neighborhood."
    0
    Flag
  • Trulia User
    "I don't know of any. I like the area because of the shopping. if people would clean up behind themselves and it might be a better area."
    0
    Flag
  • Trulia User
    "Been here 4 years and I absolutely love it here! Neighborhoods are nice and well-maintained. I love to go for walks at night it’s totally safe I’ve never had an issue."
    0
    Flag
  • Elsie R.
    "Work from home, used to drive to old town Scottsdale, commute wasn’t horrible about 25 minutes on Indian school."
    6
    Flag
  • Shane J.
    "there’s a lot of animals like chickens in the neighborhood so depending on how your animal reacts to them it can be a good or bad thing "
    2
    Flag
  • Psanders0331
    "We have a great neighborhood anyone who would move here would be very grateful for their neighbors. We all look at each for each other"
    3
    Flag

LGBTQ Local Legal Protections

Silvia Del Toro Ochoa, My Home Group Real Estate
Agent Phone: (623) 760-3742
1605 E MONTEBELLO Avenue, Phoenix, AZ 85016 is a 14 bedroom, 9 bathroom, 7,500 sqft multi-family built in 1961. 1605 E MONTEBELLO Avenue is located in Camelback East, Phoenix. This property is currently available for sale and was listed by ARMLS on Jan 24, 2026. The MLS # for this home is MLS# 6973902.