1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Similar
Listed by Realty ONE Group Mountain Desert. Sold by The Brokery
ARMLS logo

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

Curious what your home is worth?

Get the most accurate free home valuation in minutes

Get My Free Valuation
Orchard is 25% more accurate than the rest

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

Curious what your home is worth?

Get the most accurate free home valuation in minutes

Get My Free Valuation
Orchard is 25% more accurate than the rest

Similar Homes

The stress-free way to buy and sell

When you work with an Orchard agent to find your next home, they can also help you sell your current home for market price, stress-free.

Learn More