$585,000

1022 S Montezuma Ave Phoenix, AZ 85003

Central City Neighborhood

Estimated payment $3,163/month

Total Views 1,900
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating unit installed on the ceiling
  • 4-minute walk to Harmon Park
  • Phoenix Coding Academy Rated A

About This Home

This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property was recently combined into one lot with 9,780 square feet. Perfect for additional structures and rental income options. DO NOT DISTURB TENANTS - PLEASE

Listing Agent

Mike Snitz

Realty ONE Group License #SA651575000 Listed on: 02/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1942

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Legal Lot and Block 13 / 39
  • Assessor Parcel Number 112-17-100-A

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9750
  • Montgomery Add Blks 23 26, 31 34, 39 42, 47 50 Subdivision

Building Details

  • Operating Expense $691
  • Gross Income $33,900
  • Net Operating Income $30,839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$691

Year Built

Built in 1942

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th Ave & Buckeye
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1942
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Disposal, Microwave, Washer/Dryer

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Slump Block, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Electric: APS
  • Cooling: Electric, Varies by Unit, Window/Wall Unit
  • Heating: Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9750
  • Additional Parcels: No
  • Parcel #: 112-17-100-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Electricity, Gas, Trash Collection
  • Number Of Units Total: 3
  • Annual Gross Income: 33900.0
  • Property Net Operating Income: 30839.0
  • Annual Operating Expense: 691.0

Tax Info

  • Tax Annual Amount: 691.0
  • Tax Block: 39
  • Tax Book Number: 112.0
  • Tax Lot: 13

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $608 $4,545 -- --
2024 $602 $4,329 -- --
2023 $602 $22,260 $3,180 $19,080
2022 $581 $16,540 $2,360 $14,180
2021 $576 $13,230 $1,890 $11,340
2020 $583 $10,610 $1,510 $9,100
2019 $582 $9,470 $1,350 $8,120
2018 $572 $7,680 $1,090 $6,590
2017 $559 $6,400 $910 $5,490
2016 $543 $5,070 $720 $4,350
2015 $502 $5,130 $730 $4,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2026 02/23/26 For Sale $585,000 +23.2% --
09/28/2023 09/28/23 Sold $475,000 -4.8% -- View Prior Sale
09/05/2023 09/05/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $499,000 +10.9% --
04/15/2022 04/15/22 Sold $450,000 -10.0% -- View Prior Sale
02/14/2022 02/14/22 For Sale $500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Landmark Title
Warranty Deed $55,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $41,250 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6988700

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-101

Arizona Maricopa County Phoenix 85003 Central City

1022 S Montezuma Ave, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Mike Snitz
Listing Agent
Mike Snitz
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Realty ONE Group
(623) 294-7289
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