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220 W Monterosa St
Multi-Family
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$1,750,000

220 W Monterosa St, Phoenix

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0 bd·0 ba·0 sqft
Built 2022Central Avenue Corridor

220 W Monterosa St, Phoenix, AZ

0 bd · 0 ba · 0 sqft Multi-Family listed at $1,750,000, built in 2022 in the Central Avenue Corridor neighborhood.

About this home

OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING AT 4.87% -$1.323M IN PLACE DEBT, THIS CONTEMPORARY DUPLEX COMPRISING TWO IDENTICAL SFH HOMES (ONE LOT ONE APN#) IN HEART OF MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO AQUIRE AN ASSET AT BELOW -MARKET DEBT. The Homes are mirror image 2603 Sq Ft units, each featuring 4 bed, 3.5 baths spanning three slevels with loft and entertainer's dream roof deck allowing amazing sunset views. Quality finishes throughout with metal and wood, give an urban chic feel.Roof deck has detached casita that can serve as 4 bedroom/office. LIVE IN ONE AND OFF SET EXPENSES BY RENTING THE OTHER. SUITS MULTI-GENERATIONAL FAMILY LIFESTYLES OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY AND LONGTERM FINANCING FLEXIBILTY.

Property details

Price
$1,750,000
Bedrooms
0
Bathrooms
0
Year built
2022
Type
Multi-Family
Days on market
108
Est. property tax
$10,850/yr · $904/mo · 0.62% AZ avg
Last sold
$177,000 · Jun 2022

Estimated monthly payment

Down payment20% ($350,000)
Interest rate6.75%
Principal & Interest$9,080
Property Tax$1,604
Insurance$150
Total$10,835/mo

Can I afford this?

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Price history

$2.53M$1.15M$-225K$91K on Aug 98 (Sold)$92K on May 01 (Sold)$75K on Oct 02 (Sold)$100K on Jan 17 (Sold)$177K on May 21 (Sold)$177K on Jun 21 (Sold)$177K on Jun 22 (Sold)$6K on Nov 22 (Price change)$2.30M on Dec 22 (Initial list)$5K on Jan 23 (Price change)$5K on Jan 23 (Price change)$2.20M on Jan 23 (Price change)$2.10M on Feb 23 (Initial list)$2.00M on Feb 23 (Price change)$1.90M on Mar 23 (Price change)$5K on Mar 23 (Price change)$5K on Apr 23 (Price change)$5K on Apr 23 (Price change)$6K on Jul 23 (Price change)$5K on Jul 23 (Price change)$7K on Aug 23 (Price change)$5K on Aug 23 (Price change)$5K on Aug 23 (Price change)$7K on Oct 23 (Price change)$6K on May 24 (Price change)$6K on Jun 24 (Price change)$1.90M on Jun 24 (Initial list)$6K on Jun 24 (Price change)$1.80M on Jan 26 (Initial list)$1.80M on Jan 26 (Initial list)$5K on Jan 26 (Price change)$7K on Jan 26 (Price change)$1.75M on Feb 26 (Price change)$1.75M on Feb 26 (Price change)
$91K · Aug 98$1.75M · Feb 26
  1. Feb 1, 2026$1,750,000Price change
  2. Feb 1, 2026$1,750,000Price change
  3. Jan 23, 2026$6,800Price change
  4. Jan 22, 2026$5,000Price change
  5. Jan 10, 2026$1,800,000Initial list price
  6. Jan 8, 2026$1,800,000Initial list price
  7. Jun 28, 2024$5,500Price change
  8. Jun 17, 2024$1,900,000Initial list price
  9. Jun 6, 2024$5,800Price change
  10. May 22, 2024$6,200Price change
  11. Oct 19, 2023$6,800Price change
  12. Aug 29, 2023$5,000Price change
  13. Aug 27, 2023$5,000Price change
  14. Aug 15, 2023$6,800Price change
  15. Jul 25, 2023$5,000Price change
  16. Jul 7, 2023$5,500Price change
  17. Apr 11, 2023$5,000Price change
  18. Apr 7, 2023$5,200Price change
  19. Mar 22, 2023$5,000Price change
  20. Mar 14, 2023$1,900,000Price change
  21. Feb 24, 2023$1,995,000Price change
  22. Feb 15, 2023$2,100,000Initial list price
  23. Jan 13, 2023$2,200,000Price change
  24. Jan 11, 2023$5,200Price change
  25. Jan 5, 2023$4,500Price change
  26. Dec 27, 2022$2,300,000Initial list price
  27. Nov 23, 2022$5,500Price change
  28. Jun 8, 2022$177,000Sold
  29. Jun 4, 2021$177,000Sold
  30. May 26, 2021$177,000Sold
  31. Jan 30, 2017$100,000Sold
  32. Oct 10, 2002$75,000Sold
  33. May 7, 2001$92,000Sold
  34. Aug 7, 1998$91,000Sold

Location

This home is located in Phoenix, AZ, in the Phoenix / Scottsdale area. Browse more Phoenix listings on the Phoenix market page or explore the full Phoenix market report.

Home Intelligence

Neighborhood (zip 85013)

Median age is 38.4; 27% hold a bachelor's degree; 43% of homes are owner-occupied; median household income is $65,142.

Median income
$65,142
Median age
38.4
Owner-occupied
42.8%
Bachelor's degree
26.9%
Census median home value
$426,300

Source: US Census Bureau American Community Survey 5-year estimates.

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