1605 E MONTEBELLO Avenue
Phoenix, AZ 85016
Camelback East- 14 Beds
- 9 Baths
- 7,500 sqft (on 0.44 acres)
14 Beds
9 Baths
7,500 sqft
(on 0.44 acres)
Local Information
© Google
-- mins to
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.
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
107 days ago
Home Details for 1605 E MONTEBELLO Avenue
|
|---|
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 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 |
|
|---|
Cumulative Days on Market: 68Days on Market: 107 |
|
|---|
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 List Price: $2,500,000Price Per Sqft: $333 |
|
|---|
MLS Status: Active |
|
|---|
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 |
|
|---|
Listing Agent Listing ID: 6973902 |
|
|---|
Building Area Building Area: 7500 Square Feet |
|
|---|
Community Features: No Pool |
|
|---|
Lot Area: 0.44 acres |
|
|---|
Listing Terms: Conventional |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
Owner Pays: Other |
|
|---|
Mls Number: 6973902 |
|
|---|
No Pool |
Last check for updates: about 18 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
| Date | Price | Event | Source |
|---|---|---|---|
| 01/24/2026 | $2,500,000 | Listed For Sale | ARMLS #6973902 |
Similar Homes You May Like
New Listings near 1605 E MONTEBELLO Avenue
Comparable Sales for 1605 E MONTEBELLO Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.15 | Multi-Family Home | $2,066,000 | 01/13/26 | 15 | 11 | 8,240 | |
1.15 | Multi-Family Home | $2,250,000 | 04/27/26 | 8 | 8 | 5,600 | |
1.23 | Multi-Family Home | $1,200,000 | 07/31/25 | 7 | 6 | 4,640 | |
0.67 | Multi-Family Home | $930,000 | 03/16/26 | 5 | 3 | 2,600 | |
1.51 | Multi-Family Home | $1,850,000 | 02/20/26 | 16 | 16 | 7,104 | |
0.64 | Multi-Family Home | $950,000 | 08/15/25 | 6 | 6 | - | |
0.89 | Multi-Family Home | $710,000 | 05/30/25 | 5 | 2 | 2,400 | |
0.61 | Multi-Family Home | $917,500 | 01/20/26 | 5 | 3 | 2,412 | |
1.82 | Multi-Family Home | $3,200,000 | 11/21/25 | 21 | 14 | 10,050 |
Assigned Schools
These are the assigned schools for 1605 E MONTEBELLO Avenue.
What Locals Say about Camelback East
At least 1116 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
Learn more about our methodology.
LGBTQ Local Legal Protections
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.

