220 W Monterosa Street, Phoenix, AZ 85013
220 W Monterosa Street, Phoenix, AZ 85013
220 W Monterosa Street, Phoenix, AZ 85013
220 W Monterosa Street, Phoenix, AZ 85013
220 W Monterosa Street, Phoenix, AZ 85013
220 W Monterosa Street, Phoenix, AZ 85013
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David Thomas

David Thomas

+1(602) 763-6363
$ 1,750,000
Est. payment | /mo
Save
$ 1,750,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Casa De Alegria

MLS Listing ID 6964977

Year Built 2022

Annual Tax Amount $11,484

Tax Year 2025

Lot Dimensions 6422

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING at 4.875% -$1.323M IN-PLACE DEBT THIS DUPLEX IN MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY WITH BELOW -MARKET DEBT. The sale consists of 2 mirrored 2603 sq,ft. units, with one loan and a single APN #. The homes feature Identical 3 level 4 bed, 3,5 baths layouts w loft and entertainer's dream roof deck with views. Roof deck has detached casita that can serve as 4 bedroom/office. Proximity to light rail, medical centers, hospitals University campus and business hubs provide high tenant demand as do flexible short term /long term rental strategies. IDEAL FOR INVESTORS,OWNER OCCUPANTS, OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY,IMPROVED CASH FLOW & LONG- TERM FINANCING FLEXIBILITY

Location

State AZ

County Maricopa

Community Casa De Alegria

Area Maricopa

Zoning R-4

Direction SOUTH ON CENTRAL TO MONTEROSA ST..WEST TO HOMES ON THE RIGHT

Interior

Interior Features Wet Bar

Heating Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Ceramic Tile

Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Exterior Feature Sidewalk(s)

Parking Features Attached Garage, Garage Door Opener

Community Features No Pool

Roof Type Tile,Built-Up

Garage Yes

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Longview Elementary School

Middle Schools Osborn Middle School

High Schools Central High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 155-31-054

Acceptable Financing Conventional, 1031 Exchange, Wraparound

Disclosures None

Listing Terms Conventional, 1031 Exchange, Wraparound

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Coldwell Banker Realty • Diane Scott

NEARBY SCHOOLS & PROPERTIES

David Thomas

Helping happy clients have their dream home!

+1(602) 763-6363

david@onlinearizonahomes.com

2680 S Val Vista Dr, Suite 101, Gilbert, AZ, 85295

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220 W Monterosa Street