1110 S MONTEZUMA Avenue, Phoenix, AZ 85003
$675,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$675,000
Last Modified:
7/29/2025
Description
2 new construction units located in the Central City submarket of Phoenix, Arizona. Built in 2021, the asset consists of (2) 2-bedroom, 1-bathroom units each with 2 car garages. Each unit measures approximately 550 square feet, and tenants are also responsible for their own utilities. The property sits just outside of Downtown Phoenix and near many dining and entertainment options, making this an attractive opportunity for an investor or owner-occupant. This asset is ideal for investors seeking a new construction opportunity in one of the fastest-growing metropolitan areas of the U.S.
Also available with the duplex next door (1106 S Montezuma).
More Information MLS# 6898641
Contract Info
Current Price: $675,000
List Price: $675,000
Status: Active
List Date: 2025-07-29
Ownership: Fee Simple
Location Tax Legal
House Number: 1110
Compass: S
Street Name: MONTEZUMA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 0044
County Code: Maricopa
Subdivision: MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
Assessor Number: 112-17-163
Tax Year: 2024
General Property Description
Lot Size Dimensions: 50FT WIDE 130 FT LONG
Year Built: 2020
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: 1
Zoning: R-5
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Lowell Elementary School
High School: Central High School
Remarks Misc
Cross Street: CENTRAL & BUCKEYE
Geo Lat: 33.436683
Geo Lon: -112.078682
Legal Info
Township: 1N
Range: 3E
Section: 17
Lot Number: 19
Income Expenses
Gross Annual Sch Inc: 43200
Net Operating Income: 40177
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 550
# Baths: 2
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; <1 Space Per Unit
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner; Projected Proforma; Unknown
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Matthews Real Estate Investment Services
Last Updated: July - 29 - 2025
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