This opportunity consists of a ±7,105 SF parcel (zoned R-5), situated in Midtown Phoenix between Central Ave & 3rd St. This infill parcel is positioned perfectly for new construction for professional office or residential / multifamily uses. The surrounding area consists of similarly sized lots improved with small professional office / retail buildings, as well as much larger commercial multi-story office buildings, in-line retail centers / restaurants, and large multifamily product. The property is situated just west of 3rd St, which from Indian School to Roosevelt St is set to become a ''signature street that supports a live, work, play mixed-use district.'' This infill parcel is an excellent opportunity for office, medical office, or multi-family developers.
Property Details
Property Features
Listing Office:
Office Name: R.O.I. Properties
Office Phone: (602) 319-1326
Listing Agent: Jake Vice, Thomas Moore
Lot Features
Lot Information:
Lot: See Remarks
Lot Size: 0.16 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $320,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Phoenix, AZ.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,665
Per Month
Principal & Interest
$1,598
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,026
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Basis Phoenix Central Primary School
201 E Indianola Ave
Distance between this listing and this school0.44 miles
Public Charter Grades KG-5
3
/10
Longview Elementary School
1209 E Indian School Rd
Distance between this listing and this school1.06 miles
Public District Grades PK-6
4
/10
Clarendon Elementary School
1225 W Clarendon Ave
Distance between this listing and this school1.08 miles
Public District Grades 4-6
Nearby Schools
2
/10
Emerson School
915 E Palm Ln
Distance between this listing and this school1.28 miles
Public District Grades KG-8
7
/10
Self Development Academy-Phoenix
1515 E Indian School Rd
Distance between this listing and this school1.34 miles
Public Charter Grades KG-8
3
/10
Phoenix Advantage Charter School
3738 N 16th St
Distance between this listing and this school1.35 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Arizona Virtual Academy
99 E Virginia Ave Ste 200
Distance between this listing and this school0.64 miles
Public Charter Grades KG-12
3
/10
North High School
1101 E Thomas Rd
Distance between this listing and this school0.89 miles
Public District Grades 9-12
8
/10
Phoenix College Preparatory Academy
3310 N 10th Ave
Distance between this listing and this school0.90 miles
The neighbors living near this home have an average income of $44,393. Residents of Phoenix, AZ typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 170 E Monterey Way -
What is the listing price of this property?
The listing price of 170 E Monterey Way - property is $320,000.
What type of property is this?
The property 170 E Monterey Way - is land located in Unit Phoenix, Arizona, 85012.
Is this property for sale now?
Active Listing: 170 E Monterey Way - is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 170 E Monterey Way - is 0.16 acres.
Interested in 170 E Monterey Way -? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 170 E Monterey Way - in Unit Phoenix, AZ and zip code 85012 in the Midtown neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $320,000.
While more than 201 listings in Phoenix, AZ in November 2024 were sold above asking price, there were more than 301 listings sold at asking price, and more than 636 were sold below. Between October 2024 and November 2024, Phoenix, AZ real estate market has seen decrease in the number of listings by 1.4%. The median list price of listings available in November 2024 was $452,345, while the average time on the real estate market was 63 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Major League Soccer (MLS)
Major League Soccer (MLS)
Tennis
Music Concerts
Banana Republic
Crate & Barrel
H&M
Jack In The Box
Starbucks
Chipotle
Toyota
BMW
Volkswagen
Jazz
News
Rhythmic Contemporary Hits