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$2,050,000
1 Day On Site

5640 S MONTEZUMA Street
Phoenix, AZ 85041

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1964
Built
County:
Maricopa
5640 S MONTEZUMA Street5640 S MONTEZUMA Street5640 S MONTEZUMA Street5640 S MONTEZUMA Street
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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

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Listing Snapshot
Price 
$2,050,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1964
MLS® Number 
6835710
Status 
Active
Property Tax 
$2,662
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Disclosures 
None
Parking Spaces 
21
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-3
Interior Features
Appliances 
RefrigeratorBuilt-In Electric OvenWasher/Dryer
Cooling 
Central AirElectric
Flooring 
Vinyl
Heating 
Electric
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Exterior Features
Construction Details 
Block
Roof 
Composition
Community Features
Financing Terms Available 
Conventional
Roads 
Concrete
School District 
Phoenix Union High School District
Township 
1N
Schools
School District
Phoenix Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of ABI Multifamily.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2025-03-16 01:17 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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