220 W Monterosa Street, Phoenix, AZ 85013, Phoenix, 85013 - 4 bed, 5 bath
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Phoenix, AZ 85013
Analysis of 220 W Monterosa Street, Phoenix, AZ 85013 is currently available with a list price of $1,750,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property was built in 2022, making it nearly new and well within the 10-year threshold for an excellent rating. The interior features high-end contemporary finishes, including a modern kitchen with a waterfall island, stainless steel appliances, and urban chic cabinetry. The flooring, light fixtures, and overall structural components appear in pristine condition with no signs of wear or deferred maintenance.
The property offers a rare 4.87% assumable institutional mortgage, providing a significant financial advantage and lower monthly carrying costs compared to current market interest rates.
Comprising two identical 2,603 sq. ft. homes on a single APN, this duplex is perfectly suited for house-hacking, multi-generational living, or a high-yield 1031 exchange investment.
Built in 2022, the units feature urban chic finishes, expansive roof decks with mountain views, and a detached casita that adds versatile space for a home office or fourth bedroom.
The local public schools, including the nearby high school, have lower performance ratings, which may be a concern for families prioritizing top-tier educational proximity.
With two large three-story residences situated on a 6,422 sq. ft. lot, there is very limited private ground-level yard space, which may deter buyers seeking traditional outdoor areas.
OFFERED WITH RARE ASSUMABLE INSTITUTIONAL FINANCING AT 4.87% -$1.323M IN PLACE DEBT, THIS CONTEMPORARY DUPLEX COMPRISING TWO IDENTICAL SFH HOMES (ONE LOT ONE APN#) IN HEART OF MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO AQUIRE AN ASSET AT BELOW -MARKET DEBT. The Homes are mirror image 2603 Sq Ft units, each featuring 4 bed, 3.5 baths spanning three slevels with loft and entertainer's dream roof deck allowing amazing sunset views. Quality finishes throughout with metal and wood, give an urban chic feel.Roof deck has detached casita that can serve as 4 bedroom/office. LIVE IN ONE AND OFF SET EXPENSES BY RENTING THE OTHER. SUITS MULTI-GENERATIONAL FAMILY LIFESTYLES OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY AND LONGTERM FINANCING FLEXIBILTY.
No exterior & parking available.
Grades PK-4 • 2.3 mi
Grades PK-4 • 3.3 mi
Grades PK-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 2,603 | 1,785.5 | 76% |
| Lot Size | 6,422 | 8,243.5 | 7% |
| Price | $1.75M | $512.0K | 94% |
| Price per sq ft | $672 | $323 | 95% |
| Built year | 2022 | 1953 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 1166 | 6% |
Jan 10, 2026
$1,750,000
Initial Listing