# 1605 E MONTEBELLO Avenue, Phoenix, AZ 85016

> **TL;DR:** 14bd/0ba residential multi family, $2,500,000, built 1961.
> A/C. Est. $10,833/mo. Listed 77 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,500,000 |
| Bedrooms | 14 |
| Year Built | 1961 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 77 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,833 |
| **Total** | **$10,833** |

## Nearby Schools

- **Elementary:** Madison Rose Lane School
- **Middle:** Madison #1 Elementary School
- **High:** North High School

## Key Amenities

- A/C

## Property Highlights

- Built in 1961

## Description

### Agent 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.

## Location

- **Address:** 1605 E MONTEBELLO Avenue, Phoenix, AZ 85016
- **County:** Maricopa
- **Coordinates:** 33.519832, -112.047149
- **Google Maps:** https://www.google.com/maps?q=33.519832,-112.047149

## Listing Agent

- **Name:** Silvia Del Toro Ochoa
- **Brokerage:** My Home Group Real Estate
- **Phone:** 6237603742
- **Email:** silviadeltoro.me@gmail.com

## Primary Photo

![1605 E MONTEBELLO Avenue - Primary Photo](http://lh.rdcpix.com/4c6ed7c91eabfa59cfac972ed949c03bl-f1191295225r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/1605-e-montebello-avenue-phoenix-az-85016-6973902)*

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**MLS#:** 6973902 | **Updated:** 2026-04-28
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1605-e-montebello-avenue-phoenix-az-85016-6973902)

---

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