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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

3618 E Montecito Avenue, Phoenix, AZ – $1,475,000

  • $1.5M Price
  • $1.5M Price

3618 E Montecito Avenue

Fabulous 4-Unit apartment community located in high-demand location- Arcadia/Biltmore Neighborhood. Stable investment, no major reconstruction or lease-up needed. All units occupied & updates include all-tile flooring, dual-pane windows/doors, updated cabinets/granite counters in kitchen & baths, skylights, SS appliances, ceiling fans and much more. Each unit is a 2 Br/1.5 Ba (Jack & Jill) over 900 sf, private-fenced patio, one-reserved carport w/storage shed. Four units total 3,638 sf, plus separate workshop/storage shed of 306 sf. Community Laundry Room w/owned units - free to tenants. Well maintained by long-term owner: New Roof 2020; Sewer-line replaced 2019; New electric panel 2024. Short walk/drive to LGO & many restaurants/shopping, Fwys., airport, Scottsdale, Downtown Phx...

Essential Information

  • MLS® #7003754
  • Price$1,475,000
  • Year Built1960
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address3618 E Montecito Avenue
  • SubdivisionPASADENA MANOR
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85018

Amenities

  • AmenitiesOther, See Remarks, No Pool
  • Parking Spaces4

Parking

Detached Carport, Paved, Free, 1 Space/Unit, Carport

Interior

Appliances

Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave

Heating

Forced Air, Individual, Electric

Cooling

Ceiling Fan(s), Electric, Heat Pump, Individual, 2 or More Units

Exterior

  • RoofComposition, Built-Up, Foam
  • ConstructionPainted, Block

School Information

  • ElementaryBiltmore Preparatory Academy
  • MiddleBiltmore Preparatory Academy
  • HighCamelback High School

District

Phoenix Union High School District

Additional Information

  • ZoningR-3

Listing Details

Office

First Road Property Advisors, LLC

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First Road Property Advisors, LLC.

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 28th, 2026 at 10:45am MST.