1115 S MONTEZUMA Avenue, Phoenix, AZ 85003

$899,999

Property Type: Multiple Dwellings Status: Active

Current Price: $899,999 Last Modified: 5/21/2026

Overview

Description

Options! House hack with out the sacrifice. Built with attention to every detail for owner occupant with rental income or strong investor rental income. Brand new efficient homes with 3 car size insulated garage flex spaces. outstanding location with downtown, 3 state schools of medicine, stadiums and new light rail within walking distance. Commanding views of city skyline from large sliders/deck or south mountain from rear. Secure your future today. Owner is licensed AZ RE agent.

Listing Details MLS# 7031254

Location, Tax & Legal

House Number: 1115
Compass: S
Street Name: MONTEZUMA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 2635
Country: US
County Code: Maricopa
Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Assessor Number: 112-24-202
Tax Year: 2025
Assessor's Map #: 24
Legal Description (Abbrev): MONTGOMERY LOTS 7 & 8 BLK 46
Assessor's Parcel #: 202
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114900
Taxes: 505
Legal: MONTGOMERY LOTS 7 & 8 BLK 46
Marketing Name: montezuma

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 50'x130'
Year Built: 2025
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: buckeye and 4th ave
Directions: from central ave go west on buckeye. go south on montezuma. units are on east.

Legal Info

Township: 1N
Range: 3E
Section: 17
Lot Number: 7

Income Expenses

Gross Annual Sch Inc: 69600
Net Operating Income: 62640

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Phone Call: Yes

Efficiency Units

Avg Rent: 1400
# Baths: Yes

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 1700
Avg SqFt: 420
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 2000
Avg SqFt: 590
# Baths: Yes

3 Bedrooms Units

Avg Rent: 2500
Avg SqFt: 1400
# Baths: 2

4 Bedrooms Units

Avg Rent: 3000
Avg SqFt: 2000
# Baths: 2

Project Type

Tri-Plex: Yes

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Landscape Exp: 1200
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 1500
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 3205
Other Income: 0
Vacancy Allowance: 0.1
Adjusted Gross Inc: 62640
Total Monthly Rental Income: 5800

Pmt & Rate Info

Cap Rate: 6.96
Equity: 899999
Down Payment %: 20
Monthly Payments: 5500
Total Owed: 0

Lockbox Type

Supra: Yes
Combo: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Electric: Yes
ENERGY STAR Qualified Equipment: Yes

Cooling

Ceiling Fan(s): Yes
ENERGY STAR Qualified Equipment: Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Partially Fenced: Yes

Interior Features

Furnished: Yes
Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Built-In Electric Oven: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
>1 Space Per Unit: Yes
Garage Door Opener: Yes
Off Street: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Boundary Survey Avlb: Yes
ALTA Survey Availbl: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Project Type: Tri-Plex Construction: Block; Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Laminate Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Partially Fenced Interior Features: Furnished; Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Heat Pump; ENERGY STAR Qualified Equipment Cooling: Ceiling Fan(s); Electric; ENERGY STAR Qualified Equipment Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Garage; >1 Space Per Unit; Garage Door Opener; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Special: Owner/Agent Showing Notification Methods: Text; Phone Call Lockbox Type: Supra; Combo Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; Conventional; 1031 Exchange Environmental: None

Listing Office: Endless Ventures

Last Updated: May - 21 - 2026