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$650,000

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5640 S Montezuma Street Phoenix, AZ 85041

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Paul Sanchez

paul@phxreco.com +1(623) 388-1338

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6895412

Year Built 1964

Annual Tax Amount $973

Tax Year 2024

Lot Dimensions 14810

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

5640 S Montezuma Avenue is 4-unit apartment community in located in South Phoenix, offering two-bedroom / one-bathrooms for each unit. (3) units are in classic condition and (1) unit is fully renovated with in-unit washer / dryer. Built in 1963 and renovated in 2024, it still holds value-add potential for further upgrades. Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, this fourplex is a prime investment in Phoenix's booming rental market. All units are occupied.

Location

State AZ

County Maricopa

Zoning R-3

Interior

Heating Individual, Electric

Cooling Electric, Individual

Flooring Vinyl

Appliance Refrigerator, Built-In Electric Oven, Washer/Dryer, W/D Hookup

Exterior

Parking Features 1 Space/Unit

Community Features No Pool

Roof Type Composition

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 113-39-015-C

Acceptable Financing Other (See Remarks), Conventional

Listing Terms Other (See Remarks), Conventional

Listed by ABI Multifamily

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Paul Sanchez

Agent | SASA659433000

+1(623) 388-1338

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5640 S Montezuma Street Phoenix, AZ 85041

Paul Sanchez

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5640 S Montezuma Street