170 E MONTEREY Way, Phoenix, AZ 85012

New Listing
$1,499,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 100 Status: Active
Current Price: $1,499,000 List Date: 10/24/2026 Last Modified: 10/24/2026

Overview

Description

LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!

Listing Details MLS# 7098144

Location, Tax & Legal

House Number
170
Compass
E
Street Name
MONTEREY
St Suffix
Way
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85012
Zip4
2618
Country
US
County Code
Maricopa
Subdivision
MONTEREY MEDICAL PLAZA
Assessor Number
118-34-060-A
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
70 x 100
Year Built
2026
Uncvrd Parking Spcs
2
Total # of Units
4
# of Buildings
2
Zoning
R-5
Elementary School District
Osborn Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
3RD Street & Monterey Way
Directions
Head north on 3rd street from Left on Monterey Way. Monterey is north of Thomas Rd & South of Osborn rd.

Legal Info

Township
2N
Range
3E
Section
29
Lot Number
3

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
2800
Avg SqFt
1198
# Baths
25

More Information

Structure

Bedrooms Total
8
Bathrooms Total
100

Income Expenses

Gross Annual Sch Inc
134400
Net Operating Income
127680

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Sidewalk(s); Patio/Balcony Interior Features: Unfurnished Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Ceiling Fan(s) Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Carport; >1 Space Per Unit; Free Road Access Type: Alley; City Street; Easement Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water Tenant Pays: Electricity; Cable TV; Landscaping Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Phone Call Lockbox Type: Combo Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: My Home Group Real Estate
Office Phone: 480-685-2760
Office Email: andrew@myhomegroup.com
Last Updated: October - 24 - 2026
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