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Sold on 04/09/2016

3703 E Montecito Ave, Phoenix, AZ 85018

  • $471,750

    Last sold 04/09/2016 after 52 Days

  • 4

    bed

  • 2

    bath

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

About 3703 E Montecito Ave

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Property description
PLEASE MAKE AN APPOINTMENT TO VIEW THE OWNERS UNIT. PLEASE DO NOT WALK ON THE PROPERTY WITHOUT AN APPOINTMENT, PLEASE. Ralph Haver Duplex. Both units have two bedrooms/two bathrooms. One unit is about 1650SF and the other is about 1550SF. Currently owner occupied on the larger unit and the 1550SF unit is rented to a long term tenant on a month to month lease for $1000/month. Rents should be a minimum of $3300/month total. Each unit has their own laundry, private back yard, two car carport for each unit. fireplace and private patio. Roof and A/C units are less than 2 years old. Property is in pristine condition with no deferred maintenance. Long term owner occupant that has cared for this property for the last 16 years.
Listed by
Listing Agent - Brian E Gaffney
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#5400145 • last updated 1 year ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Electric
Heating None
MLS # 5400145
Type Multiple Dwellings
Status Closed
Property Tax 2579
Year Built 1961
Interior
Flooring Ceramic Tile, Wood
Appliances Built-In Range, Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Stone, Block
Parking <1 Space Per Unit, Carport
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Creighton Elementary District
High School District Phoenix Union High School District
APN 170-26-022-K
Zoning R-3
Directions S TO MONTECITO, E TO PROPERTY ON SOUTH SIDE OF ROAD
Multifamily Details
Total # of Units 2
Expense: Operating 7399
Financial Data Source Projected Proforma
Expense: Maintenance 2400
Vacancy Allowance 0.05
Expense: Insurance 800
Net Operating Income 30221
Gross Income 37620
Expense: Other 600
Expense: Water/Sewer 1020
Gross Scheduled Income 39600
We are not permitted to show value estimates for this property.
  • Apr 2016
    mls logo MLS # 5400145
  • Apr 9, 2016 Sold
    $471,750 (+3.7%)
  • Feb 17, 2016 Listed
    $499,900
  • Apr 2016
    Public Records
  • Apr 8, 2016 Sold
    $455,000 (-9.0%)
  • Apr 2012
    mls logo MLS # 1468641
  • Apr 28, 2012 Sold
    —
  • 3703 E Montecito Ave
    $471K
  • Arcadia Lite
    —
  • 85018
    $1.17M -21% y/y
  • Phoenix
    $469K -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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  • AZ
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  • 3703 E Montecito Ave
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