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!
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
Courtesy of Realty ONE Group Mountain Desert. 928-862-4035 Selling Office: The Brokery.
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