About This Home

This 2-bedroom, 2-bathroom multi-family at 721 E MONTEBELLO Avenue #225 in Phoenix, AZ is listed for $320,000 ($356 per sqft). Built in 1971, the home offers 900 sqft of living space on a 0.01 acres lot.

Key Features

  • Built in 1971
  • 0.01 acre lot
  • 2 stories

Property Details

2 stories
2 full
#225
1971

Amenities

ViewA/C
Listing Description

Welcome to this beautifully updated end-unit condo in the heart of Phoenix! Featuring updated kitchen and bathrooms, this home offers a modern, move-in-ready feel with thoughtful finishes throughout. Enjoy the convenience of in-unit laundry, a highly desirable feature that adds everyday ease.

Currently operating as a successful Airbnb, this unit is frequently rented and presents an opportunity for investors seeking income potential, or for an owner-occupant looking for a low-maintenance home in a prime location. The end-unit location provides added privacy and natural light. Conveniently located near dining, shopping, and freeway access, this property combines comfort, functionality, and income potential all in one.

Monthly Cost Estimate

$2,089/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93
HOA$378

Estimates only. Actual payments may vary.

Location

721 E MONTEBELLO Avenue #225

Phoenix, AZ 85014

MONTEBELLO GARDENS

Features & Amenities

Interior Features

Quartz CountertopsHigh Speed InternetEat-in KitchenBreakfast Bar

Exterior Features

Built-in Barbecue

Property Details

Flooring

Tile

Construction

Painted Block

Views

City

Outdoor Features

Patio

Parking

Assigned

Heating

Forced Air

Cooling

Central Air

Appliances

Stacked Washer/DryerDryerWasherRefrigeratorDishwasherDisposalElectric RangeElectric Oven

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 721 E MONTEBELLO Avenue is listed at $320,000 ($356/sqft). The estimated monthly payment is $2,089 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $378/month.

Key features include: Built in 1971, 0.01 acre lot, 2 stories. Interior Features: Quartz Countertops, High Speed Internet, Eat-in Kitchen. Exterior Features: Built-in Barbecue.

This property is listed by Jacquelyn Prom.

JP

Jacquelyn Prom

Agent at Realty ONE Group

Listed by Realty ONE Group · Broker phone: (623) 404-0110 · View on Broker Site · Broker website

MLS# 6959306· Source: Arizona Regional Multiple Listing Service, Inc.· 315 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

721 E MONTEBELLO Avenue #225, Phoenix, AZ 85014

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