Connect

Find us on...

Dashboard

Login using...

Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

5640 S Montezuma Street, Phoenix, AZ – $2,050,000

  • $2.1M Price
  • $2.1M Price

5640 S Montezuma Street

Montezuma is a 12-unit apartment community in Phoenix, offering two-bedroom / one-bathroom units. Built in 1963 and renovated in 2024, it still holds value-add potential for further upgrades. A total of (7) units have in-unit washer / dryer. Out of those units (5) have been fully renovated. A major advantage is the assumable sub $1.2M Freddie Mac loan at 3.31%, ensuring strong cash flow and stability in a high-interest rate environment. Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, Montezuma is a prime investment in Phoenix's booming rental market. All units are occupied. We cannot allow tours to the interior of any unit

Essential Information

  • MLS® #6835710
  • Price$2,050,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1964
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address5640 S Montezuma Street
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85041

Amenities

  • AmenitiesNo Pool
  • Parking Spaces21
  • Parking1 Space/Unit

Interior

  • HeatingIndividual, Electric
  • CoolingElectric, Individual

Appliances

Refrigerator, Built-In Electric Oven, Washer/Dryer, W/D Hookup

Exterior

  • RoofComposition
  • ConstructionPainted, Block

School Information

District

Phoenix Union High School District

Additional Information

  • ZoningR-3

Listing Details

  • OfficeABI Multifamily
Please provide a valid email address.

ABI Multifamily.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on June 17th, 2025 at 11:15pm MST.