220 W MONTEROSA Street, Phoenix, AZ 85013 (MLS# 7062113)

220 W MONTEROSA Street, Phoenix, AZ 85013

$1,650,000

Mezzanine has area for confernce table or cozy sitting nook

All first floor bedrooms open onto a deck

Unit is fully furnished and operates as an airbnb

Long term rental. Leased till September 2026

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 8 Status: Active

Current Price: $1,650,000 Last Modified: 8/04/2026

Overview

Description

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 2488 Sq Ft units, each featuring 4 bed, 3 full + 2 half 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.

Listing Details MLS# 7062113

Location, Tax & Legal

House Number: 220
Compass: W
Street Name: MONTEROSA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 3218
Country: US
County Code: Maricopa
Subdivision: CASA DE ALEGRIA
Assessor Number: 155-31-054
Tax Year: 2025
Assessor's Map #: 31
Legal Description (Abbrev): CASA DE ALEGRIA
Assessor's Parcel #: 54
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 117100
Taxes: 11484
Legal: CASA DE ALEGRIA
Marketing Name: Monterosa

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 6422
Year Built: 2022
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-4
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Longview Elementary School
Jr. High School: Osborn Middle School
High School: Central High School

Remarks Misc

Cross Street: CAMELBACK/CENTRAL
Directions: SOUTH ON CENTRAL TO MONTEROSA ST WEST TO HOMES ON THE RIGHT

Legal Info

Township: 2N
Range: 3E
Section: 20
Lot Number: Yes

4 Bedrooms Units

# 4 Bedroom Units: 2
Avg Rent: 5500
Avg SqFt: 2480
# Baths: 4

More Information

Structure

Bedrooms Total: 8
Bathrooms Total: 8

Income Expenses

Gross Annual Sch Inc: 124596
Net Operating Income: 97301

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Phone Call: Yes

Contact Info

List Agent Cell Phn2: 6023175220

Project Type

Duplex: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Lap Siding: Yes
Stucco: Yes
Siding: Yes

Roofing

Built-Up: Yes
Tile: Yes

Floors

Wood: Yes
Ceramic Tile: Yes

Sale Includes

Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Annual Elec Exp: 1440
Annual Gas Exp: 960
Annual Ins Exp: 1392
Annual Landscape Exp: 1200
Annual Wtr/Swr Exp: 1220
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 17696
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 124596
Total Monthly Rental Income: 10500

Pmt & Rate Info

Cap Rate: 5.9
Equity: 1650000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Fenced: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Security Light(s): Yes

Interior Features

Partially Furnished: Yes
Fire/Smoke Alarm(s): Yes
Security Alarm(s): Yes
Vertical Blinds: Yes

Tenant Pays

Gas: Yes
Water: Yes
Electricity: Yes
Cable TV: Yes
None: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
Garage Door Opener: Yes
Attached Garage: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
Conventional: Yes
Wraparound: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Lap Siding; Stucco; Siding Roofing: Built-Up; Tile Floors: Wood; Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Partially Furnished; Fire/Smoke Alarm(s); Security Alarm(s); Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Garage; Garage Door Opener; Attached Garage Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Trash Collection; Landscaping Tenant Pays: Water; Electricity; Gas; Cable TV; None Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Wraparound; 1031 Exchange Environmental: None

Listing Office: Coldwell Banker Realty

Last Updated: August - 04 - 2026