2727 E Montecito Avenue, Phoenix, AZ 85016

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Sold Price
$860,000
List Price
$885,000
Status
CLOSED
Days on Market
103
Closing Date
Jul 10, 2026
MLS#
6987955
Subtype
Multiple Dwellings
Year Built
1959
Bedrooms
5
Bathrooms
5
Subdivision
Brown Terrace

Property Description

Rare turn-key mid-century modern triplex in the heart of the Biltmore corridor within a lush desert landscape setting. Gated, walled courtyard creates sanctuary for this compound featuring two 2-bed/2-bath units and one spacious 1-bed/1-bath unit with delightful wood flooring. Unit 1 features a private large patio Enclosed 3-car garage with assigned spaces and private storage, plus shared on-site laundry. Owner pays water/sewer; tenants pay electric. Recent capital improvements and transferable termite warranty. Proximity to Sprouts, Starbucks, dining and breweries. Boutique multifamily asset in one of Phoenix's strongest rental corridors with long-term appreciation appeal.

Additional Information

Taxes
$2,389
Zoning
multi
Flooring
Ceramic Tile
Appliances
Built-In Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
Heating
Zoned, Electric, Varies by Unit
Air Conditioning
Electric, Varies by Unit, 2 or More Units
Exterior Construction
Block, Painted
Parking Features
1 Space/Unit
Elementary School
Madison Camelview Elementary
Middle School
Madison Park School
High School
Camelback High School

Courtesy of Cambridge Properties. 602-493-5100 Selling Office: HomeSmart.

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