$399,500
$425,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
1506 E MONROE Street Phoenix, AZ 85034
3 Beds
2 Baths
1,221 SqFt
Key Details
Sold Price $399,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,221 sqft
Price per Sqft $327
Subdivision Collins Addition Phoenix Blocks 31-34 & 39-40
MLS Listing ID 6777514
Sold Date 03/19/25
Bedrooms 3
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1941
Annual Tax Amount $2,082
Tax Year 2024
Lot Size 6,750 Sqft
Acres 0.16
Property Sub-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!
Location
State AZ
County Maricopa
Community Collins Addition Phoenix Blocks 31-34 & 39-40
Direction Heading West on Van Buren turn South on 15th St. Continue South on 15th St to Monroe St., turn East on Monroe to house on the North side of road
Rooms
Den/Bedroom Plus 3
Separate Den/Office N
Interior
Interior Features No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
Heating Natural Gas
Cooling Central Air
Flooring Vinyl, Tile, Wood
Fireplaces Type None
Fireplace No
Window Features Dual Pane
SPA None
Laundry Wshr/Dry HookUp Only
Exterior
Exterior Feature Other
Carport Spaces 1
Fence Block, Wrought Iron
Pool None
Amenities Available None
Roof Type Composition
Porch Covered Patio(s)
Private Pool No
Building
Lot Description Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Frnt
Story 1
Builder Name UNK
Sewer Public Sewer
Water City Water
Structure Type Other
New Construction No
Schools
Elementary Schools Asu Preparatory Academy - Polytechnic Elementary
Middle Schools Asu Preparatory Academy - Phoenix Middle School
High Schools Asu Preparatory Academy - Phoenix High School
School District Phoenix Union High School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 116-46-015
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property N
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with The Brokery