Active

721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014, Phoenix AZ 85014

$320,000
2 bed · 900 sqft · Built 1971 · 0.01 acres

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

721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014721 E MONTEBELLO Avenue 225, Phoenix, AZ 85014

CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Phoenix

This property is offered at $356 per square foot, compared with a $215 median for active 2-bedroom homes in Phoenix. Its asking price falls near the 71st percentile of that active group. The comparison uses 1,714 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$356Listing $/sqft
$215Cohort median $/sqft
1,714Comparable active listings
0 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $318,750, and the median is $295 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
749 E MONTEBELLO Avenue 223, Phoenix, AZ 85014 Sep 29, 2026 2 bd · 840 sqft $250,000 0.0 mi
749 E MONTEBELLO Avenue 230, Phoenix, AZ 85014 May 26, 2026 2 bd · 840 sqft $275,000 0.0 mi
749 E MONTEBELLO Avenue 127, Phoenix, AZ 85014 Apr 8, 2026 1 bd · 630 sqft $145,000 0.0 mi
934 E Montebello Avenue, Phoenix, AZ 85014 Jul 14, 2026 2 bd · 1,363 sqft $310,000 0.1 mi
610 E MONTEBELLO Avenue 41, Phoenix, AZ 85012 Apr 30, 2026 2 bd · 1,211 sqft $355,000 0.2 mi
5805 N 8TH Place, Phoenix, AZ 85014 Aug 17, 2026 2 bd · 960 sqft $327,500 0.2 mi
5538 N 10TH Street, Phoenix, AZ 85014 May 20, 2026 2 bd · 1,254 sqft $445,000 0.2 mi
5750 N 10TH Street 7, Phoenix, AZ 85014 Apr 15, 2026 2 bd · 1,656 sqft $475,000 0.2 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $320,000 · Active

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