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Executive Summary

Monte Vista Apartments is a 16-unit multifamily investment opportunity located at 1709 W Monte Vista Road in the desirable North Mountain submarket of Phoenix, Arizona. Built in 1985, the property consists of two, two-story residential buildings totaling approximately 12,160 rentable square feet on a .44 acre parcel. The community features a highly desirable unit mix of 100% two-bedroom, one-bathroom floor plans averaging approximately 760 square feet, appealing to a broad tenant base including families, roommates, and workforce renters.
Situated within the established North Mountain corridor, the property benefits from convenient access to major employment centers, retail amenities, and transportation corridors, making it an attractive and rental stable option for residents seeking affordability and connectivity in the Phoenix metropolitan area.

Attachments

Monte Vista - OM

Property Facts

Price $4,170,350 CAD
Price Per Unit $260,647 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 12,160 SF
Average Occupancy 94%
No. Stories 2
Year Built 1985
Parking Ratio 1.25/1,000 SF
Zoning R-4, Phoenix - Multifamily

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 16 - 760
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 158-21-071J
  • 158-21-071E
  • 158-21-071D
Land Assessment
$353 CAD
Improvements Assessment
$0 CAD
Total Assessment
$66,274 CAD
  • Listing ID: 39892742

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 1709 W Mountain View Rd, Phoenix, AZ 85021

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