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1506 E Monroe St Phoenix AZ 85034 MLS 6777514

$440,000

Photo one of 1506 E Monroe St Phoenix AZ 85034 | MLS 6777514
1506 E Monroe St
Phoenix, AZ 85034
MLS# 6777514
  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1221

  • Year Built

    1941

  • Days On Market

    6

  • $/SqFt

    $360

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Home Description: 1506 E Monroe St

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 opportunity—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!

  • Pool: None
  • Spa: None
  • Garage Spaces: 0.00
  • Interior: 3/4 Bath Master Bdrm,Granite Counters,High Speed Internet,No Interior Steps
  • Full Baths: 2
  • Partial Baths: 0
  • Fireplace: None
  • Flooring: Tile,Vinyl,Wood

Available now at $440,000

  • Exterior: Covered Patio(s),Other
  • Construction: Adobe,Painted,Stucco
  • Lot: Gravel/Stone Front,Sprinklers In Front,Synthetic Grass Frnt
  • Lot Sq Ft: 6750
  • Water: City Water
  • Tax Municipality: Phoenix
  • Association Amenities: None

Neighborhood

The average asking price of a 3 bedroom Phoenix home in this zip code is $379,500 (13.8% less than this home).

This home is priced at $360/sqft, which is 17.4% less than similar homes in the 85034 zip code.

Potential Great Value

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1506 E Monroe St Phoenix AZ 85034

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Similar to: 1506 E Monroe St

School Information

  • District:Phoenix Union High School District (High School), Wilson Elementary District (Elementary)
  • Elementary:ASU Preparatory Academy - Polytechnic Elementary
  • Junior High:ASU Preparatory Academy - Phoenix Middle School
  • High School:ASU Preparatory Academy - Phoenix High School

Financial

  • Approx Payment:$2,140*
  • Taxes:$2,082

Area Stats

These statistics are updated daily from the Metropolitan Phoenix Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (602) 410-3060 and speak with one of our real estate consultants.

Listing Courtesy of Realty ONE Group Mountain Desert. For information or to schedule a viewing of this property (MLS# 6777514) located at 1506 E Monroe St Phoenix AZ 85034, call: 602-410-3060

1506 E Monroe St, Phoenix AZ is a single family home of 1221 sqft and is currently priced at $440,000 . This single family home has 3 bedrooms. A comparable home for sale at 2848 E Adams St in Phoenix is listed at $319,000. This home on 1506 E Monroe St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Phoenix, AZ. Renaissance Park, Artisan Parkview and El Molino are nearby neighborhoods. MLS 6777514 has been posted on this site since 1/1/0001 (today).

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