Log In/Sign Up
Your email has been sent.
822 E Montecito Ave, Phoenix, AZ 85014 822 E Montecito Ave 4 Unit Apartment Building $1,236,862 CAD ($309,216 CAD/Unit) 5.48% Cap Rate Phoenix, AZ 85014
Executive Summary
Welcome to 822 East Montecito Avenue, Phoenix, AZ 85014! This beautifully maintained four-plex offers a fantastic investment opportunity with a mix of two spacious 2-bedroom, 1-bath units and two large 1-bedroom, 1-bath units. Each unit features large private backyards, perfect for outdoor relaxation or entertaining. Enjoy the convenience of full-sized laundry facilities in each unit, along with a host of modern upgrades and amenities designed to enhance comfort and style. Whether you're looking for a stable income property or a home for yourself, this four-plex delivers both charm and convenience in a prime Phoenix location. Don't miss out on this exceptional opportunity! Tenant occupied. Please do not disturb.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$84,778
|
$38.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,695
|
$0.77
|
| Effective Gross Income |
$83,083
|
$37.77
|
| Taxes |
$4,372
|
$1.99
|
| Operating Expenses |
$10,943
|
$4.97
|
| Total Expenses |
$15,316
|
$6.96
|
| Net Operating Income |
$67,767
|
$30.80
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $84,778 |
| Annual Per SF | $38.54 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $1,695 |
| Annual Per SF | $0.77 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $83,083 |
| Annual Per SF | $37.77 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,372 |
| Annual Per SF | $1.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,943 |
| Annual Per SF | $4.97 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,316 |
| Annual Per SF | $6.96 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,767 |
| Annual Per SF | $30.80 |
Property Facts
| Price | $1,236,862 CAD | Building Class | C |
| Price Per Unit | $309,216 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 2,200 SF |
| Cap Rate | 5.48% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1958/2019 |
| Property Subtype | Apartment | Parking Ratio | 1.82/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | M-M | ||
| Price | $1,236,862 CAD |
| Price Per Unit | $309,216 CAD |
| Sale Type | Investment |
| Cap Rate | 5.48% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 2,200 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2019 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | M-M |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Refrigerator
- Oven
- Range
- Yard
- Patio
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+2 | 1 | - | - |
| 2+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 155-19-034 | Total Assessment | $33,794 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $4,372 CAD ($1.99 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
155-19-034
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$33,794 CAD
Annual Taxes
$4,372 CAD ($1.99 CAD/SF)
Tax Year
2025
1 of 52
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
822 E Montecito Ave, Phoenix, AZ 85014 | 822 E Montecito Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.