Skip To Content

1506 E Monroe Street

Phoenix, AZ 85034
  • $440,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 6777514
UPDATED: 66 min ago
$440,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,221
    SQFT
  • $360
    $/SQFT
Type:
Single-Family Home
Built:
1941
County:
Area:

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 opportunity''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!

Monthly Payment Calculator



Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Local Realty Experts | Selman and Associates. Data last updated 2025-02-11T17:15:33.917.
www.thelocalrealtyexperts.com/homes/157326488
Print Image

1506 E Monroe Street Phoenix, AZ 85034

  • Price: $440,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 66 min ago
  • MLS #: 6777514
3
Beds
2
Baths
0
½ Baths
0.16
Acres
1,221
SQFT
$360
$/SQFT
1941
Built
Neighborhood:
Collins Addition Phoenix Blocks 31-34 & 39-40
County:
Maricopa
Area:
Phoenix
Elementary School:
Asu Preparatory Academy - Polytechnic Elementary
Middle School:
Asu Preparatory Academy - Phoenix Middle School
High School:
Asu Preparatory Academy - Phoenix High School
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 opportunity''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!
Exterior Features

Architectural Style [] Carport Spaces 1 Construction Materials PaintedStuccoAdobe Covered Spaces 1 Exterior Features OtherCovered Patio(s) Fencing BlockWrought Iron Horse Amenities [] Horse YN No Lot Features Sprinklers In FrontGravel/Stone FrontSynthetic Grass Frnt Open Parking Spaces 2 Other Structures [] Parking Features [] Pool Features None Pool Private YN No Road Responsibility City Maintained Road Roof Composition Spa Features None View []

Interior Features

Basement [] Basement YN No Bedrooms Plus 3 Common Walls [] Cooling Refrigeration Fireplace Features None Fireplace YN No Heating Natural Gas Interior Features No Interior Steps3/4 Bath Master BdrmHigh Speed InternetGranite Counters Plumbing Gas Hot Water Heater Yes Range Oven Gas Yes Separate Den Office YN No Window Features Dual Pane

Property Features

Accessibility Features [] Association Amenities None Association Fee Includes No Fees Association YN No Auction No Builder Name UNK Community Features [] Current Financing [] Disclosures Agency Discl ReqSeller Discl Avail Flooring VinylTileWood Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms ConventionalFHAVA Loan Ownership Fee Simple Ownership Fractional YN No PADFee YN2 No Possible Use Other (See Remarks) Property Attached YN No Property Condition [] Property Sub Type Single Family - Detached Security Features [] Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 2082 Tax Year 2024 Total Monthly Fee 0 Utilities [] Water Source City Water

Arizona Regional MLS logo Listing provided by Realty ONE Group Mountain Desert: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Local Realty Experts | Selman and Associates. Data last updated 2025-02-11T17:15:33.917.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6777514-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6777514-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6777514-2.jpg
Logo
Local Realty Experts | Selman and Associates
3365 N Hwy 95
Parker AZ, 85344