1506 E Monroe Street, Phoenix, AZ 85034
- $399,500
- 3
- BD
- 2
- BA
- 1,221
- SqFt
- Sold Price
- $399,500
- List Price
- $425,000
- Closing Date
- Mar 19, 2025
- Days on Market
- 140
- Status
- CLOSED
- MLS#
- 6777514
- City
- Phoenix
- Bedrooms
- 3
- Bathrooms
- 2
- Living SQFT
- 1,221
- Lot Size
- 6,750
- Subdivision
- Collins Addition Phoenix Blocks 31-34 & 39-40
- Year Built
- 1941
- Type
- Single Family Residence
Property Description
Nestled in the heart of downtown Phoenix, this updated 3-bedroom, 2-bathroom home offers a blend of charm and opportunity. With sought-after R-5 zoning, the property is primed for multi-family development, making it an ideal investment or house hacking opportunityâ''live in one part while renting out the rest to offset your mortgage. Recent updates include wide plank flooring, kitchen and bathroom remodels, and a roof refresh in 2020 and 2024. Large windows fill the home with natural light. The spacious backyard features a 10x10 concrete pad and endless possibilities for your vision. Close to top dining spots and entertainment venues, this home is move-in ready or ready for your next development project. Don't miss out on this fantastic opportunity in a rapidly growing area!
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Additional Information
- Elementary School
- ASU Preparatory Academy - Polytechnic Elementary
- High School
- ASU Preparatory Academy - Phoenix High School
- Middle School
- ASU Preparatory Academy - Phoenix Middle School
- Acres
- 0.16
- Assoc Fee Includes
- No Fees
- Builder Name
- UNK
- Construction
- Adobe, Painted, Stucco
- Cooling
- Central Air
- Exterior Features
- Other
- Fencing
- Wrought Iron, Block
- Flooring
- Vinyl, Tile, Wood
- Heating
- Natural Gas
- Laundry
- Washer Hookup, Gas Dryer Hookup
- Living Area
- 1,221
- Lot Size
- 6,750
- New Financing
- Cash, VA Loan, FHA, Conventional
- Lot Features
- Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Frnt
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Subdivision
- Collins Addition Phoenix Blocks 31-34 & 39-40
- Taxes
- $2,082
- Tax Year
- 2024
- Water
- Public
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Listing courtesy of Realty ONE Group Mountain Desert. Selling Office: The Brokery.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.