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Sold on 12/20/2025

3518 E Montecito Ave, Phoenix, AZ 85018

  • $700,000

    Last sold 12/20/2025 after 137 Days

  • 5

    bed

  • 4

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 3518 E Montecito Ave

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Property description
(3) 1 BEDDROOM/1 BATH UNITS AND (1) 2 BEDROOM/1 BATH UNIT IS SEMI DETACHED FROM 1 BEDROOM UNITS ACROSS BREEZEWAY WITH LARGE FENCED YARD*2 BEDROOM UNIT HAS BEEN REMODELED WITHPLANK STYLE TILE FLOORING, KITCHEN CABINETS,, GRANITE COUNTER TOPS* HAS A BEEHIVE FIREPLACE**1 BEDROOM UNITS HAVE LAMINATE FLOORING, TILE COUNTER TOPS, TILE FLOORING IN KITCHEN AND BATHS, SMALL INDIVIDUAL FENCED BACK PATIOS*STORAGE/WORKSHOP FOR OWNER*COIN OPERATED WASHER/DRYER IN LAUNDRY ROOM WITH EXTRA CLOSET SIZED STORAGE FOR EACH UNIT* 4 COVERED PARKING SPACES* OWNER/AGENT
Listed by
Listing Agent - Mark R Otten
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#6901878 • last updated 5 months ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Heat Pump, Individual
Heating Central, Heat Pump, Electric, Natural Gas, Floor Furnace, Wall Furnace
MLS # 6901878
Type Multiple Dwellings
Status Closed
Property Tax 3194
Year Built 1957
Interior
Flooring Other, Ceramic Tile, Concrete
Appliances Built-In Range, Refrigerator, Free-Standing Electric Oven
Exterior
Roof Composition
Construction Painted, Slump Block
Parking Free, 1 Space/Unit, Carport
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision DARLEIGH MANOR
Community Features No Pool
Elementary School Biltmore Preparatory Academy
Elementary School District Creighton Elementary District
Middle School Biltmore Preparatory Academy
High School District Phoenix Union High School District
High School Camelback High School
APN 170-27-120
Zoning R3
Directions NORTH ON 36th STREET FROM INDIANSCHOOL TO MONTECITO/WEST ON MONTECITO TO 4 PLEX
Multifamily Details
Total # of Units 4
Expense: Operating 9594
Financial Data Source Owner
Vacancy Allowance 0.05
Expense: Insurance 3000
Net Operating Income 38000
Gross Income 41800
Expense: Electric 600
Expense: Fuel 400
Expense: Water/Sewer 2400
Gross Scheduled Income 44000
We are not permitted to show value estimates for this property.
  • Dec 2025
    mls logo MLS # 6901878
  • Dec 20, 2025 Sold
    $700,000 (-21.8%)
  • Nov 25, 2025 Pending
    —
  • Nov 4, 2025 Active
    —
  • Sep 9, 2025 Price Change
    $895,000 (-10.1%)
  • Aug 5, 2025 Listed
    $995,000
  • 3518 E Montecito Ave
    $700K
  • Arcadia Lite
    —
  • 85018
    $1.15M -27% y/y
  • Phoenix
    $474K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Biltmore Preparatory Academy
public Grades K-8
Creighton Elementary District
2/10
Camelback High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
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  • Arcadia Lite
  • 3518 E Montecito Ave
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