For sale

Price cut: $50K (10/27)

$1,449,000

170 E MONTEREY Way, Phoenix, AZ 85012

8beds

8baths

4,792sqft

$8,625/mo

Get pre-qualified

Multi Family

Built in 2026

-- sqft lot

$-- Zestimate^®

$302/sqft

$-- HOA

What's special

LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!

26 days
243
27

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Heating

Central, Electric

Cooling

Ceiling Fan(s)

Appliances

Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Features

Flooring: Carpet, Vinyl

Interior area

Total structure area: 4,792
Total interior livable area: 4,792 sqft

Property

Parking

Total spaces: 8
Parking features: Free, >1 Space Per Unit, Carport
Has carport: Yes
Covered spaces: 6
Uncovered spaces: 2

Features

Exterior features: Sidewalk(s)

Lot

Size: 7,000 Square Feet
Dimensions: 70 x 100

Details

Parcel number: 11834060A
Zoning: R-5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Composition

Condition

Year built: 2026

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: MONTEREY MEDICAL PLAZA

Location

Region: Phoenix

Financial & listing details

Price per square foot: $302/sqft
Annual tax amount: $3,152
Date on market: 10/24/2026
Cumulative days on market: 11 days
Listing terms: VA Loan,Cash,Conventional,1031 Exchange,FHA
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/27/2026	Price change	$1,449,000-3.3%$302/sqft
Source: ARMLS #7098144 Report a problem
10/24/2026	Listed for sale	$1,499,000+489.2%$313/sqft
Source: ARMLS #7098144 Report a problem
5/6/2025	Sold	$254,400-20.5%$53/sqft
Source: ARMLS #6790802 Report a problem
4/29/2025	Pending sale	$320,000$67/sqft
Source: ARMLS #6790802 Report a problem
12/4/2024	Listed for sale	$320,000$67/sqft
Source: ARMLS #6790802 Report a problem