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1506 E MONROE Street
Phoenix AZ 85034 US

$425,000

Active Listing ID 6777514
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3 bed
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2.00 Bath (2 Full)
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Lot: 0.16 Acres
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Other

$425,000

Active Listing ID 6777514
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1506 E MONROE Street 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!

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Exterior Finish: Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Frnt, Covered Patio(s)
  • Floor Covering: Tile, Vinyl, Wood
  • Roof Type: Composition
  • Additional Features
  • Patio

School Information

  • School
  • ASU Preparatory Academy - Polytechnic Elementary(Elementary)
  • ASU Preparatory Academy - Phoenix Middle School(MiddleSchool)
  • ASU Preparatory Academy - Phoenix High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 425000
  • unparsedaddress: 1506 E MONROE Street
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85034
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.16
  • lotsizeunits: Acres
  • lotsizearea: 0.16
  • livingarea: 1221
  • livingareaunits: Square Feet
  • latitude: 33.450673
  • longitude: -112.04954
  • listagentfullname: Preston Dean Richardson
  • listagentemail: prestonrichardsonrealtor@gmail.com
  • listagentkey: 3yd-ARMLSAZ-pr638
  • listagentmlsid: pr638
  • listagentpreferredphone: 3175860334
  • listagentofficephone: 9288624035
  • listofficekey: 3yd-ARMLSAZ-ROGM04
  • listofficemlsid: ROGM04
  • disclaimer: Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1941
  • listingcontractdate: 2024-10-30
  • listagenturl: http://www.realtyonegrouparizona.com
  • countyorparish: Maricopa
  • parcelnumber: 116-46-015
  • elementaryschool: ASU Preparatory Academy - Polytechnic Elementary
  • highschool: ASU Preparatory Academy - Phoenix High School
  • elementaryschooldistrict: Phoenix Union High School District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • constructionmaterials: Adobe, Stucco
  • flooring: Tile, Vinyl, Wood
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Realty ONE Group
  • interiorfeatures: No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • exteriorfeatures: Sprinklers In Front, Gravel/Stone Front, Synthetic Grass Frnt, Covered Patio(s)
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Grassed
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.04954, 33.450672
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty ONE Group Mountain Desert", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"prestonrichardsonrealtor@gmail.com", "ListBrokerageCity":"Lake Havasu City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@rogmd.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/9/344295/20170201191203475.png", "ListBrokerageName":"Realty ONE Group Mountain Desert", "ListBrokeragePhone":"(928) 680-7350", "ListBrokeragePostalCode":"86403", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"#102", "ListBrokerageUnparsedAddress":"1971 McCulloch Blvd. N.", "ListBrokerageWebsiteUrl":"http://www.realtyonegrouparizona.com", "ListOfficeAddress1":"3150 W State Route 89A", "ListOfficeAddress2":"Suite 4A", "ListOfficeBrokerMlsId":"ml530", "ListOfficeCity":"Sedona", "ListOfficeCountry":"US", "ListOfficeEmail":"broker@rogmd.com", "ListOfficePostalCode":"86336", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family - Detached - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1506-E-Monroe-St_Phoenix_AZ_85034_M13167-23955?f=listhub&s=ARMLSAZ&m=6777514&c=rexren", "MLSModificationTimestamp":"2025-02-13T14:39:13Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Single Family - Detached", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2082, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/13/2025 11:35:05 PM GMT
Source Updated Date: 2/21/2025 6:51:39 AM GMT

Courtesy of: Preston Dean Richardson, Realty ONE Group Mountain Desert, prestonrichardsonrealtor@gmail.com

Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.