2731 E MONTECITO Avenue, Phoenix, AZ 85016
$715,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$715,000
Last Modified:
8/27/2025
Description
Amazing tri-plex investment opportunity in the Biltmore area! This multi-family property features a gated courtyard with three units on a single parcel. The unit mix includes two spacious 2-bedroom, 2 bathroom units and one 1-bedroom, 1-bathroom unit. Also includes an onsite shared laundry room and 3 car carport with individual storage closets.
More Information MLS# 6835565
Contract Info
Current Price: $715,000
Sold Price: $715,000
Status: Closed
List Date: 2025-03-14
Ownership: Fee Simple
Location Tax Legal
House Number: 2731
Compass: E
Street Name: MONTECITO
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 0909
County Code: Maricopa
Subdivision: BROWN TERRACE
Assessor Number: 163-08-071
Tax Year: 2024
General Property Description
Lot Size Dimensions: 8396
Year Built: 1959
Total # of Units: 3
# of Buildings: 1
Zoning: Multi
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Camelview Elementary
Jr. High School: Madison Park School
High School: Camelback High School
Remarks Misc
Cross Street: Camelback & 28th St
Directions: South on 28th St to Monticito Ave, West to property. No sign, must have an appointment.
Geo Lat: 33.499314
Geo Lon: -112.022135
Status Change Info
Off Market Date: 2025-08-27
Under Contract Date: 2025-08-10
Close of Escrow Date: 2025-08-25
Sold Price: $715,000
Legal Info
Lot Number: 6
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 1
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg SqFt: 1000
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 3
Seller Concession $/%: %
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Concrete; Ceramic Tile
Sale Includes: Building(s) Only
Community Features: No Pool
Exterior Amenities: Fenced; Separate Storage
Interior Amenities: Security Alarm(s)
Appliances Included: Free-Standing Electric Oven; Disposal
Heating: Individual; 2 or More Units
Cooling: Electric; Individual; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Carport; <1 Space Per Unit
Owner Pays: None
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Unknown
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Listing Office: Compass
Last Updated: August - 27 - 2025
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