3518 E MONTECITO Avenue, Phoenix, AZ 85018
$700,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$700,000
Last Modified:
12/20/2025
Description
(3) 1 BEDDROOM/1 BATH UNITS AND (1) 2 BEDROOM/1 BATH UNIT IS SEMI DETACHED FROM 1 BEDROOM UNITS ACROSS BREEZEWAY WITH LARGE FENCED YARD*2 BEDROOM UNIT HAS BEEN REMODELED WITHPLANK STYLE TILE FLOORING, KITCHEN CABINETS,, GRANITE COUNTER TOPS* HAS A BEEHIVE FIREPLACE**1 BEDROOM UNITS HAVE LAMINATE FLOORING, TILE COUNTER TOPS, TILE FLOORING IN KITCHEN AND BATHS, SMALL INDIVIDUAL FENCED BACK PATIOS*STORAGE/WORKSHOP FOR OWNER*COIN OPERATED WASHER/DRYER IN LAUNDRY ROOM WITH EXTRA CLOSET SIZED STORAGE FOR EACH UNIT* 4 COVERED PARKING SPACES* OWNER/AGENT
More Information MLS# 6901878
Contract Info
Ownership: Fee Simple
Current Price: $700,000
Sold Price: $700,000
Status: Closed
List Date: 2025-08-05
Location, Tax & Legal
Assessor's Map #: 27
Legal Description (Abbrev): LOT 9 DARLEIGH MANOR MCR 007513
Assessor's Parcel #: 120
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 108302
Taxes: 3194
Legal: LOT 9 DARLEIGH MANOR MCR 007513
Marketing Name: OTTEN PROPERTY
House Number: 3518
Compass: E
Street Name: MONTECITO
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 3946
County Code: Maricopa
Subdivision: DARLEIGH MANOR
Assessor Number: 170-27-120
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 89X133
Total # of Units: 4
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Biltmore Preparatory Academy
Jr. High School: Biltmore Preparatory Academy
High School: Camelback High School
Year Built: 1957
Zoning: R3
Legal Info
Range: 3E
Section: 24
Township: 2N
Lot Number: 9
Project Type
Four Plex: 1
Construction
Slump Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Concrete: 1
Ceramic Tile: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 600
Annual Gas Exp: 400
Annual Ins Exp: 3000
Annual Wtr/Swr Exp: 2400
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 9594
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 41800
Pmt & Rate Info
Cap Rate: 3.82
Equity: 995000
Down Payment %: 20
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Wall Furnace: 1
Electric: 1
Natural Gas: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heat Pump: 1
Individual: 1
Exterior Amenities
Landscape Water System: 1
Partially Fenced: 1
Separate Storage: 1
Interior Features
Mini Blinds: 1
Drapes: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Free-Standing Electric Oven: 1
Refrigerator: 1
Built-In Range: 1
Road Access Type
Dedicated Street: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Free: 1
1 Space/Unit: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Special
Owner/Agent: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-228-8628
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 900
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 36th STREET AND iNDIAN SCHOOL
Directions: NORTH ON 36th STREET FROM INDIANSCHOOL TO MONTECITO/WEST ON MONTECITO TO 4 PLEX
Geo Lat: 33.500033
Geo Lon: -112.005923
Status Change Info
Off Market Date: 2025-11-24
Under Contract Date: 2025-11-23
Close of Escrow Date: 2025-12-19
Sold Price: $700,000
Income Expenses
Gross Annual Sch Inc: 44000
Net Operating Income: 38000
Property Features
Project Type: Four Plex
Construction: Slump Block
Const - Finish: Painted
Roofing: Composition
Floors: Concrete; Ceramic Tile; Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Partially Fenced; Separate Storage
Interior Features: Mini Blinds; Drapes
Appliances Included: Free-Standing Electric Oven; Built-In Range; Refrigerator
Heating: Natural Gas; Central; Heat Pump; Wall Furnace
Cooling: Ceiling Fan(s); Heat Pump; Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Carport; 1 Space/Unit; Free
Road Access Type: Dedicated Street
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email
Lockbox Type: None
New Financing: Cash; Conventional
Environmental: None
Listing Office:
HomeSmart
Last Updated: December - 20 - 2025
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