Triplex Opportunity in Central Phoenix - Turnkey and Updated! This is an ideal investment with each unit already rented out at market price. Also perfect for multi-generational living and within the FHA loan limit! Each unit is designed to provide privacy and comfort featuring separate entrances, private outdoor spaces, parking, and private laundry for each unit. One 2 bed/1 bath unit and two 1 bed/1 bath units. Smaller units updated in 2021 including floors, bathrooms, light electrical, and countertops. Largest unit updated 2024 with new HVAC, ductwork, flooring, kitchen cabinets/counters, bathroom remodel, electrical panel and more. New roofs on both units 2023. Whether you're looking to expand your portfolio, or live in one unit while renting out the others, this is not one to miss!
Sold for $705,000
$705,000
806 E MONTECITO Avenue, Phoenix, AZ 85014
4beds
3baths
2,089sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$337/sqft
$3,767 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,767/mo
Zestimate® history
Owner options
List your home for rent
$3,767/mo
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$3,767/mo
Rent Zestimate®
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$3,979/mo
Est. payment
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$3,979/mo
Est. payment
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Private outdoor spacesNew roofsNew hvac
Zillow last checked:
Listing updated:
Listed by:
John P Galaviz 602-902-1490,
eXp Realty
Bought with:
Michael Hoffman, SA678258000
HomeSmart
Jessica Lynn Driscoll Hoffman, SA653089000
HomeSmart
Source: ARMLS,MLS#: 6800733
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Individual, Central, Heat Pump
Cooling
- Central Air, Individual
Appliances
- Included: Free-Standing Range, Refrigerator, Washer/Dryer
Features
- Flooring: Vinyl, Concrete
Interior area
- Total structure area: 2,089
- Total interior livable area: 2,089 sqft
Property
Parking
- Total spaces: 5
- Parking features: Paved, On Street, Carport
- Has carport: Yes
- Covered spaces: 1
- Uncovered spaces: 4
Lot
- Size: 9,095 sqft
- Dimensions: 9095SF
Details
- Parcel number: 15519031
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: CAROLYN PLACE
Other
Other facts
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $705,000-9%$337/sqft |
Source:  ARMLS #6800733 Report a problem | ||
| 1/31/2025 | Pending sale | $775,000$371/sqft |
Source: ARMLS #6800733 Report a problem | ||
| 1/10/2025 | Listed for sale | $775,000+66.7%$371/sqft |
Source: ARMLS #6800733 Report a problem | ||
| 7/29/2024 | Sold | $465,000+121.4%$223/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/24/2018 | Sold | $210,000+23.5%$101/sqft |
Source: Public Record Report a problem | ||
| 3/16/2018 | Sold | $170,000+41.7%$81/sqft |
Source: ARMLS #5728711 Report a problem | ||
| 2/21/2016 | Listing removed | $515 |
Source: Owner Report a problem | ||
| 1/26/2016 | Listed for rent | $515 |
Source: Owner Report a problem | ||
| 7/24/2013 | Listing removed | $120,000$57/sqft |
Source: The Melcher Agency #4918817 Report a problem | ||
| 4/12/2013 | Listed for sale | $120,000$57/sqft |
Source: The Melcher Agency #4918817 Report a problem | ||
| 9/4/2001 | Sold | $120,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,286 +3.5% | $54,750 -9.8% |
| 2024 | $1,243 +3.5% | $60,710 +575.9% |
| 2023 | $1,200 +0.5% | $8,982 -67.9% |
| 2022 | $1,194 +0.9% | $27,950 +15.3% |
| 2021 | $1,183 +4.5% | $24,250 +15.2% |
| 2020 | $1,132 +3.4% | $21,050 +5.7% |
| 2019 | $1,095 | $19,910 +15% |
| 2018 | $1,095 +8.9% | $17,310 +8.2% |
| 2017 | $1,005 +11.5% | $16,000 +30.8% |
| 2016 | $901 +0.2% | $12,230 +27.7% |
| 2015 | $900 | $9,580 +87.1% |
| 2013 | -- | $5,120 -17.8% |
| 2012 | -- | $6,230 -64% |
| 2011 | -- | $17,310 -27.1% |
| 2009 | -- | $23,754 +4.2% |
| 2008 | -- | $22,802 +35.2% |
| 2007 | -- | $16,870 +26.4% |
| 2005 | -- | $13,343 +30.8% |
| 2004 | -- | $10,201 |
| 2003 | -- | $10,201 |
Find assessor info on the county website
Neighborhood: Encanto
Nearby schools
GreatSchools rating
- 9/10Longview Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 2/10North High SchoolGrades: 9-12Distance: 1.4 mi
- 4/10Osborn Middle SchoolGrades: 7-8Distance: 1.5 mi
Schools provided by the listing agent
- Middle: Osborn Middle School
- High: North High School
- District: Osborn Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arizona
- Maricopa County
- Phoenix
- 85014
- Encanto
- 806 E MONTECITO Avenue
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