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$325,000

  • For Sale
  • Active
  • Apartment
  • 2 Beds
  • 2 Full Baths
  • 0.01 Acres
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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.

Full Property Details for 721 E Montebello Ave #225

General

  • Price: $325,000
  • HOA FEE: $378/month
  • Taxes: $649 (2025)
  • Status: Active
  • Type: Apartment
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6959306
  • Updated: 4/1/2026
  • Added to Site: 106 day(s) ago

Interior

  • Interior Features: Quartz Countertops, High Speed Internet, Eat-in Kitchen, Breakfast Bar
  • Appliances: Stacked Washer/Dryer, Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Built-in Barbecue

Parking

  • Parking Features: Assigned

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: MONTEBELLO GARDENS
  • Cross Streets: 7th St & Montebello

Community

  • Association: Yes
  • Assoc. Name: Montebello Gardens
  • Assoc. Fees Include: Pest Control, Maintenance Grounds, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Water: City Water

Structural Information

  • Builder: unk
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Common Walls: Neighbor Below, End Unit
  • Windows: Screens
  • Sq. Ft. Source: Assessor
  • Year Built: 1971

Lot Features

  • Property View: City Lights
  • Lot Size (Acres): 0.01
  • Lot Size (Sq. Ft.): 541
  • Lot Size Source: Assessor
  • Frontage: Concrete
  • Lot Features: None

Green Features

  • Water Conservation: Recirculation Pump

Financial Considerations

  • Association Fee: $378
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $649
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: LOT 225 MONTEBELLO GARDENS MCR
  • Property ID: 162-07-153
  • Range: 3E
  • Section: 16
  • Lot Number: 225

Listed by Realty ONE Group

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Listing agent

— 721 E Montebello Ave #225 —

  • Realty ONE Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 721 E Montebello Ave #225

School Districts:Madison Elementary District, Phoenix Union High School District
NameGradesDistance
Madison Rose Lane School
1155 East Rose Lane, Phoenix, AZ 85014
PK-40.6 mi
Madison #1 Elementary School
5525 North 16th Street, Phoenix, AZ 85016
5-81 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 721 E Montebello Ave #225 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Listed
$325,000
35.98%
MLS
1/19/2023
Sold
$239,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 721 E Montebello Ave #225

Year
Property Taxes
Change
Tax Assessment
Change
2025
$649
5%
$23,060
9%
2024
$619
3%
$21,220
-7%
2023
$603
18%
$22,870
27%
2022
$511
—
$18,020
29%
2022
$511
-2%
$13,960
10%
2021
$521
-10%
$12,650
30%
2020
$581
2%
$9,730
12%
2019
$568
3%
$8,660
16%
2018
$554
5%
$7,480
19%
2017
$528
4%
$6,270
6%
2016
$510
23%
$5,900
26%
2015
$416
9%
$4,680
60%
2014
$382
9%
$2,930
11%
2013
$351
—
$2,650
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 721 E Montebello Ave #225

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Realty ONE Group

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721 E Montebello Avenue #225, Phoenix, AZ 85014 (MLS# 6959306) is a Apartment property with 2 bedrooms and 2 full bathrooms. 721 E Montebello Avenue #225 is currently listed for $325,000 and was received on January 02, 2026. Want to learn more about 721 E Montebello Avenue #225? Do you have questions about finding other Apartment real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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