Listed by Realty ONE Group Mountain Desert. Sold by The Brokery

Status: Closed
1506 E Monroe St
Phoenix, AZ 85034
Sold Price
$399,500
Sold on Mar 19, 2025
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!
Read more- Bedrooms
- 3
- Baths
- 2
- House Size
- 1,221 sqft
- Year Built
- 1941
- Lot Size
- 0.16 ac
- School District
- Phoenix Union High School District
Location
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Interior Information
- appliances
- Dishwasher
- cooling
- Central Air
- features
- High Speed Internet
- Granite Counters
- fireplace
- None
- flooring
- Vinyl
- Tile
- Wood
- heating
- Natural Gas
- window features
- Double Pane Windows
Exterior Information
- features
- Other
- fence
- Block
- Wrought Iron
- pool
- None
- roof
- Composition
Property Information
- builder name
- Unk
- construction
- Stucco
- Adobe
- lot
- Sprinklers In Front
- sewer
- Public Sewer
- subdivision name
- Collins Addition Phoenix Blocks 31-34 & 39-40
- water source
- Public

- Listed By Preston Dean Richardson
- prestonrichardsonrealtor@gmail.com
- (317) 586-0334
- Realty ONE Group Mountain Desert
- (928) 862-4035
- MLS 6777514
- Sold by Alice Blakely
- The Brokery
- MLS ab313