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Listing provided courtesy of Realty ONE Group- MLS# 6988700MLS Provider

1022 S MONTEZUMA AvenuePhoenix, AZ 85003

Multi-Family
$585,000 Active

1022 S MONTEZUMA Avenue Overview

Time on Site:
126 days
Visits:
0

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

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1022 S MONTEZUMA Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Phoenix Union High School District

Income/Expenses

  • Gross Income: 33900.0
  • Gross Scheduled Income: 33900.0
  • Net Operating Income: 30839.0
  • Operating Expense: 691.0

Building Information

  • Year Built: 1942

Location/Region

  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
  • Township: 1N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $691.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: Conventional,FHA
  • Ownership: Fee Simple
  • Parcel Number: 112-17-100-A
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS
  • Flooring: Carpet,Concrete

Exterior

Parking Information

  • Open Parking Spaces: 3.0
  • Parking Features: On Street

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 9750
  • Number Of Buildings: 2
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Block,Slump Block
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

1022 S MONTEZUMA Avenue Neighborhood

Community

85003 (Phoenix) Demographics

38
Median Age
4,572
Population Density (per sq. mile)
61%
College Educated
$48,306
Estimated Median Income
1,525
Estimated Total Home Owners
2,853
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1022 S MONTEZUMA Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1022 S MONTEZUMA Avenue Market Data

Based on the last 30 days in this zip code

$714,820
Average List Price
$410
Average Price per Square Foot
9
Properties Sold
120
Average Days on Market
66
Properties for Sale
Calculations provided by Reliance Network

1022 S MONTEZUMA Avenue History

Date Event Value Agent
2/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 23, 2026