Amazing tri-plex investment opportunity in the Biltmore area! This multi-family property features a gated courtyard with three units on a single parcel. The unit mix includes two spacious 2-bedroom, 2 bathroom units and one 1-bedroom, 1-bathroom unit. Also includes an onsite shared laundry room and 3 car carport with individual storage closets.
Sold for $715,000
$715,000
2731 E MONTECITO Avenue, Phoenix, AZ 85016
5beds
1baths
2,700sqft
Multi Family
Built in 1959
-- sqft lot
$708,500 Zestimate®
$265/sqft
$2,378 Estimated rent
Home value
$708,500
$645,000 - $779,000
$2,378/mo
Zestimate® history
Owner options
List your home for rent
$2,378/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,378/mo
Rent Zestimate®
Refinance and save
$4,060/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,060/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Chrissie Cline 602-550-5750,
Compass
Bought with:
Jose Francisco Milan Villela, SA651900000
My Home Group Real Estate
Fatima Sanchez, SA660362000
My Home Group Real Estate
Source: ARMLS,MLS#: 6835565
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
Heating
- Individual, 2 or More Units, Electric
Cooling
- Electric, Individual, 2 or More Units
Appliances
- Included: Disposal, Free-Standing Electric Oven
Features
- Flooring: Ceramic Tile, Concrete
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Total spaces: 3
- Parking features: <1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 3
Lot
- Size: 8,396 sqft
- Dimensions: 8396
Details
- Parcel number: 16308071
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Electric: SRP, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: BROWN TERRACE
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $715,000-10.6%$265/sqft |
Source:  ARMLS #6835565 Report a problem | ||
| 4/29/2025 | Listed for sale | $800,000$296/sqft |
Source: ARMLS #6835565 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,200 +5.1% | $76,870 -22.2% |
| 2024 | $2,094 +2.9% | $98,750 +496.1% |
| 2023 | $2,035 +3.2% | $16,565 -65.6% |
| 2022 | $1,971 +0.1% | $48,200 +9.1% |
| 2021 | $1,970 +2.3% | $44,160 +5.7% |
| 2020 | $1,926 +2.6% | $41,760 +27.4% |
| 2019 | $1,877 | $32,780 +28.8% |
| 2018 | $1,877 +5.2% | $25,450 +4.2% |
| 2017 | $1,784 +11.5% | $24,430 +24.3% |
| 2016 | $1,600 -6.2% | $19,650 +14.8% |
| 2015 | $1,707 | $17,110 +8.6% |
| 2014 | -- | $15,750 +45.6% |
| 2013 | -- | $10,820 +32.4% |
| 2012 | -- | $8,170 -28.4% |
| 2011 | -- | $11,410 -33.3% |
| 2010 | -- | $17,110 -38.4% |
| 2009 | -- | $27,760 +2.2% |
| 2008 | -- | $27,170 +13.4% |
| 2007 | -- | $23,950 +64.6% |
| 2006 | -- | $14,550 |
| 2005 | -- | $14,550 +13.6% |
| 2004 | -- | $12,810 |
| 2003 | -- | $12,810 +20.8% |
| 2002 | -- | $10,600 |
Find assessor info on the county website
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Madison Camelview Elementary SchoolGrades: PK-4Distance: 1 mi
- 5/10Madison Park SchoolGrades: PK,5-8Distance: 1.7 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Madison Camelview Elementary
- Middle: Madison Park School
- High: Camelback High School
- District: Madison Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$708,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$708,500
- Arizona
- Maricopa County
- Phoenix
- 85016
- Camelback East
- 2731 E MONTECITO Avenue
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Phoenix Topics
