- $1.8M Price
220 W Monterosa Street
OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING at 4.875% -$1.323M IN-PLACE DEBT THIS DUPLEX IN MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO ACQUIRE A STABILIZED MULTIFAMILY WITH BELOW -MARKET DEBT. The sale consists of 2 mirrored 2603 sq,ft. units, with one loan and a single APN #. The homes feature Identical 3 level 4 bed, 3,5 baths layouts w loft and entertainer's dream roof deck with views. Roof deck has detached casita that can serve as 4 bedroom/office. Proximity to light rail, medical centers, hospitals University campus and business hubs provide high tenant demand as do flexible short term /long term rental strategies. IDEAL FOR INVESTORS,OWNER OCCUPANTS, OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY,IMPROVED CASH FLOW & LONG- TERM FINANCING FLEXIBILITY
Essential Information
- MLS® #6964977
- Price$1,750,000
- Year Built2022
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address220 W Monterosa Street
- SubdivisionCASA DE ALEGRIA
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85013
Amenities
- AmenitiesNo Pool
- Parking Spaces4
Parking
Attached Garage, Garage Door Opener
Interior
- Interior FeaturesWet Bar
- HeatingElectric
- CoolingCentral Air, Ceiling Fan(s)
Appliances
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
- RoofTile, Built-Up
Construction
Lap Siding, Wood Frame, Siding, Stucco
School Information
- ElementaryLongview Elementary School
- MiddleOsborn Middle School
- HighCentral High School
District
Phoenix Union High School District
Additional Information
- ZoningR-4
Listing Details
- OfficeColdwell Banker Realty
Price Change History for 220 W Monterosa Street, Phoenix, AZ (MLS® #6964977)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,800,000 to $1,750,000 |
Coldwell Banker Realty.
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 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on March 22nd, 2026 at 2:28pm MST.