AZ
Maricopa
Phoenix
85018
3540 E MONTECITO Avenue, Phoenix, AZ 85018
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Listing Type
Multi Family
Listing Status
Active
28
$1,299,000

Home Details for 3540 E MONTECITO Avenue

Price
$1,299,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1959
County
Maricopa
Garage
Days on site
14
Listing #
6983801
Listing Courtesy: Compass - 480-776-1555
Property Description

Well-maintained and nicely updated fourplex located in the heart of sought-after Arcadia Lite, one of Phoenix's most stable and high-demand rental submarkets. Most of the major items have been replaced in the last few years like all water heaters, AC units, roof and washer & dryer. This property features minimal vacancy, a strong rent roll with solid payment history, and thoughtful interior updates that attract long-term tenants. Each unit offers functional layouts with modernized finishes, making this a true turnkey investment. Pride of ownership shows throughout, with consistent upkeep and improvements that support dependable cash flow and future upside. Ideally positioned near popular dining, shopping, outdoor recreation, and major employment corridors, the location continues to drive tenant demand and rental stability. Whether you're looking to expand your portfolio or secure a low-maintenance asset in a premier neighborhood, this Arcadia Lite fourplex checks all the boxes.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Other
    • Electric
    • Wall/Window Unit(s)
  • Heating Information
    • Hot Water
    • Electric
    • Natural Gas
    • Floor Furnace
    • Wall Furnace
  • Parking
    • Attached Carport
    • Paved
    • Carport
  • Water Features
    • Public
School Information
School Information for 3540 E MONTECITO Avenue, Phoenix, AZ 85018
Elementary School
Biltmore Preparatory Academy
Middle School
Biltmore Preparatory Academy
High School
Camelback High School
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Last Updated: 2026-02-25 11:12:23
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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