1506 E Monroe Street Phoenix, AZ 85034

3 Beds
2 Baths
1,221 Sqft
6,750 Sqft lot
0.15 Acre lot
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$440,000 Est. $1,620 / mo.*
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Status: Active Under Contract
Property Type: Single Family Residence
Year Built: 1941
Neighborhood: Collins Addition Phoenix Blocks 31-34 & 39-40
Days on Website: 31

Courtesy of Realty ONE Group Mountain Desert {attribution_contact}

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!

Property Details and Features

  • "By Agreement"
  • 2 total decimal bathrooms
  • 2 total bathrooms
  • 3 total bedrooms
  • Built in 1941
  • Living area: 1221
  • Construction materials: "Painted", "Stucco", "Adobe"
  • "Refrigeration"
  • "Covered Patio(s)"
  • "Block"
  • "Wrought Iron"
  • "None"
  • "Vinyl"
  • "Tile"
  • "Wood"
  • "Natural Gas"
  • Association fee includes: "No Fees"
  • "No Interior Steps"
  • "3/4 Bath Master Bdrm"
  • "High Speed Internet"
  • "Granite Counters"
  • Listing ID: 6777514
  • Standard status: Active Under Contract
  • 30 days on market
  • Subdivision name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
  • 0.16 acres
  • 6,750 sqft
  • "Sprinklers In Front"
  • "Gravel/Stone Front"
  • "Synthetic Grass Frnt"
  • "None"
  • "Composition"
  • Elementary school: ASU Preparatory Academy - Polytechnic Elementary
  • High school: ASU Preparatory Academy - Phoenix High School
  • High school district: Phoenix Union High School District
  • "Public Sewer"
  • Annual amount: $2,082
  • Lot: 14
  • "Dual Pane"

Location

$440,000 - 1506 E Monroe Street, Phoenix, AZ 85034
1506 E Monroe Street Phoenix, AZ 85034
Subdivision name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40

Street View

Nearby Schools

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This content last updated on November 30, 2024 5:06AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.