$600,000
Phoenix, AZ 85003
MLS# 6971101
1 / 16
Property Description
Matthews™ is pleased to present the listing for 1106 & 1110 S Montezuma, two duplex properties located in the Central City submarket of Phoenix, Arizona. Built in 2021, the asset consists of (4) 2-bedroom, 1-bathroom units, each with 2-car garages. Each unit averages ±550 square feet (excluding garages), totaling approximately 2,200 square feet of rentable space. Tenants are responsible for their own utilities. The duplex properties are next door to one another. One or both duplexes can be purchased with residential financing.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $600,000
List Price: $600,000
Status: Active
List Date: 2026-01-19
Location, Tax & Legal
Assessor's Map #: 17
Legal Description (Abbrev): MONTGOMERY LOTS 19 & 20 BLK 47
Assessor's Parcel #: 163
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114900
Taxes: 2391
Legal: MONTGOMERY LOTS 19 & 20 BLK 47
Marketing Name: 1110 S Montezuma Ave
House Number: 1110
Compass: S
Street Name: MONTEZUMA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 0044
County Code: Maricopa
Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Assessor Number: 112-17-163
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 50FT WIDE 130 FT LONG
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Lowell Elementary School
High School: Central High School
Year Built: 2020
Zoning: R-5
Legal Info
Range: 3E
Section: 17
Township: 1N
Lot Number: 19
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Foam: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 2054
Annual Landscape Exp: 705
Annual Wtr/Swr Exp: 371
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 5521
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 43200
Pmt & Rate Info
Cap Rate: 6.7
Equity: 600000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Unknown: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
<1 Space Per Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 550
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: CENTRAL & BUCKEYE
Geo Lat: 33.436683
Geo Lon: -112.078682
Income Expenses
Gross Annual Sch Inc: 43200
Net Operating Income: 40177
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; <1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner; Projected Proforma; Unknown
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Matthews Real Estate Investment Services
Last Updated: April - 02 - 2026
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