About The Property

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.
Courtesy of ABI Multifamily 602-714-1400
Listing Snapshot
Days Online
120
Last Updated
Property Type
Multiple Dwellings
Year Built
1964
MLS Number
6895412
M. Logan
Top 2% performing AZ realtor
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Additional Details

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Appliances & Equipment
"Refrigerator", "Built-In Electric Oven", "Washer/Dryer", "W/D Hookup"
Building
Built in 1964, Construction materials: "Painted", "Block", 4 total units
Cooling
"Electric", "Individual"
Floors
"Vinyl"
Heating
"Individual", "Electric"
Parking
"1 Space/Unit", 11 total parkings
Property
Zoning: R-3
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $973, Lot: -
Utilities
"SRP", "Individual Meter"
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30 Days Snapshot Of 85041
$441k
+15%
(avg) sold price
39
+2%
homes sold
94
+4%
(avg) days on market
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Monthly Payment
$0

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