$650,000

1934 E Monte Vista Rd Phoenix, AZ 85006

Estimated payment $3,739/month

Total Views 982
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

Discover this rare gem—a fully remodeled duplex with 2 detached homes, offering both comfort and exceptional investment potential! Conveniently located along the SR 51 corridor, this property is just 6 minutes from the airport and 10 minutes from Downtown Phoenix, nestled in the reviving east Coronado neighborhood. With a combined 2,285 square feet, this property includes: A spacious 4-bedroom, 2-bathroom main house (1,570 sqft). A 2-bedroom, 1-bathroom guest house (715 sqft) featuring its own kitchen, laundry hook ups, and private entryway—perfect for Airbnb or long-term rental. The front house has an average rent of $2795 and the back house of $1525. Both homes have been fully remodeled, including a new roof and new A/C. The property is separately metered for gas and electric, ensuring an easy rental setup.
Whether you're looking for a short-term rental powerhouse with tons of potential or a stable long-term investment, or a home for yourself with bonus income from the guest house - this property checks all the boxes. Its prime location is key for all uses. Don't miss this incredible opportunity to own a versatile, high-potential income property in a prime location!

Listing Agent

Rachel Krill

Real Broker License #BR559282000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1930

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 117-14-155

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 112 x 42 x 50
  • East Roselawn Heights Subdivision

Building Details

  • Operating Expense $6,923
  • Gross Income $51,840
  • Net Operating Income $44,918

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,336

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: 20th St/Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1930
  • Tax Year: 2024
  • Directions: South on 20th St, West on Monte Vista to Property
  • Road Surface Type: Gravel, Asphalt
  • Subdivision Name: EAST ROSELAWN HEIGHTS
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Siding, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Add'l Parking Avail, On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Irrigation
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Fuel Expense: 1920.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 112 x 42 x 50
  • Additional Parcels: No
  • Parcel #: 117-14-155

Multi Family

  • Owner Pays: Gas
  • Number Of Units Total: 2
  • Annual Gross Income: 51840.0
  • Insurance Expense: 2147.0
  • Maintenance Expense: 1520.0
  • Property Net Operating Income: 44918.0
  • Annual Operating Expense: 6923.0

Tax Info

  • Tax Annual Amount: 1336.0
  • Tax Block: 2
  • Tax Book Number: 117.00
  • Tax Lot: 6

Map

Range of Values:

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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 $1,336 $10,272 -- --
2024 $1,320 $9,783 -- --
2023 $1,320 $35,450 $7,090 $28,360
2022 $1,268 $26,650 $5,330 $21,320
2021 $1,299 $24,000 $4,800 $19,200
2020 $1,128 $20,900 $4,180 $16,720
2019 $1,121 $18,280 $3,650 $14,630
2018 $1,097 $13,450 $2,690 $10,760
2017 $1,052 $13,000 $2,600 $10,400
2016 $1,009 $10,820 $2,160 $8,660
2015 $941 $9,820 $1,960 $7,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $650,000 0.0% --
03/17/2025 03/17/25 Price Changed $650,000 -3.0% $284 / Sq Ft
02/27/2025 02/27/25 Price Changed $669,900 -0.8% $293 / Sq Ft
01/10/2025 01/10/25 For Sale $675,000 +12.5% $295 / Sq Ft
12/30/2021 12/30/21 Sold $600,000 -4.0% $263 / Sq Ft
12/20/2021 12/20/21 Price Changed $624,900 0.0% $273 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $624,900 +130.4% $273 / Sq Ft
02/25/2021 02/25/21 Sold $271,270 -9.6% $119 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $300,000 0.0% $131 / Sq Ft
02/11/2021 02/11/21 Price Changed $300,000 +10.6% $131 / Sq Ft
02/08/2021 02/08/21 Off Market $271,270 -- --
02/01/2021 02/01/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $340,000 +25.3% $149 / Sq Ft
01/21/2021 01/21/21 Off Market $271,270 -- --
01/04/2021 01/04/21 For Sale $340,000 -- $149 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Keffler Douglas Jason
Warranty Deed $617,500 Millennium Title Agency
Special Warranty Deed $289,900 Fidelity Natl Ttl Agcy Inc
Warranty Deed $271,270 Fidelity Natl Ttl Agcy Inc
Warranty Deed $63,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $463,125 New Conventional
Previous Owner $363,545 Future Advance Clause Open End Mortgage
Previous Owner $103,750 New Conventional
Previous Owner $127,500 Unknown
Previous Owner $29,450 Credit Line Revolving
Previous Owner $92,000 Unknown
Previous Owner $67,444 Seller Take Back
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6851222

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-14-155